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The machinery industry grew steadily in the first quarter, with outstanding performance in many fields

In the first quarter, the five major sectors of China's machinery industry all recorded year-on-year growth in value-added; fixed-asset investment performed well, and the output of key products saw significant increases.

In the first quarter, the machinery industry maintained a steady growth trend.
The reporter learned from relevant channels that the added value of the five major industries mainly involved in the machinery industry showed a year-on-year growth trend.

Machinery industry related pictures 1

Specifically, the general equipment manufacturing industry increased by 7.8% year-on-year, the special equipment manufacturing industry increased by 7.7% year-on-year, the automobile manufacturing industry increased by 5.1% year-on-year, the electrical machinery and equipment manufacturing industry increased by 7.3% year-on-year, and the instrumentation manufacturing industry increased by 7.7% year-on-year.
This shows that all subdivisions of the machinery industry have shown good development vitality.

In terms of fixed asset investment, investment in general equipment manufacturing increased by 12.5% year-on-year, and investment in the automobile manufacturing industry increased by 4.8% year-on-year.
The growth of fixed asset investment provides a solid foundation for the further development of the machinery industry and helps to improve the industry’s technical level and production capacity.

Machinery industry related pictures 2

The output growth of representative products of the machinery industry is also very impressive.
The cumulative output of industrial robots was 238,000 sets, a year-on-year increase of 33.2%.
The substantial growth in the output of industrial robots reflects the increasing demand for automated production in the manufacturing industry and the rapid development of the machinery industry in the field of intelligent manufacturing.
The cumulative output of generating units was 84.09 million kilowatts, a year-on-year increase of 15.1%, which is of great significance for ensuring energy supply and promoting economic development.

The steady growth of the machinery industry not only plays a positive role in the stable development of the domestic economy, but also provides strong support for Chinese products to go global.
With the continuous advancement of technology and upgrading of industry, the product quality and competitiveness of China’s machinery industry will continue to improve, and it is expected to gain a larger share in the global market.

In the future, the machinery industry should continue to strengthen technological innovation and improve the intelligence and greenness of products to adapt to market demand and global industrial development trends.
At the same time, we must actively expand the international market, strengthen cooperation and exchanges with international advanced enterprises, and enhance the global influence of China’s machinery industry.

In short, the good performance of the machinery industry in the first quarter has laid a solid foundation for the development of the whole year. It is believed that with the joint efforts of all parties, China’s machinery industry will usher in a more brilliant future and make greater contributions to the global sales of Chinese goods.

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