The construction machinery industry faces four major challenges

This year, the machinery industry will face four major challenges:

First, export growth is very difficult. It is understood that although the trade surplus of the machinery industry reached a record high of 73.6 billion U.S. dollars in 2013, the rapid export growth that has lasted for many years has triggered increasingly severe trade frictions. In addition, the exchange rate of the RMB has continued to climb. Therefore, it is difficult for China's machinery products to further expand exports. Increase.

The second is the increase in financial pressure. In 2013, the phenomenon that mechanical enterprises were in arrears did not significantly improve, and the company’s liquidity was used in large quantities; at the same time, the withdrawal of the US quantitative easing policy led to the tightening of international liquidity funds, which will be transmitted to domestic markets through channels such as trade and capital flows. Increase pressure on liquidity tightening of domestic companies.

Third, the rapid rise in the cost of human and environmental resources has squeezed profit margins. In 2013, although the prices of upstream products such as raw materials and fuels were still relatively low, the upward pressure on the costs of the machinery industry continued to increase, and the main activities had a difficult upward performance. The profit rate of main activities last year was only 6.57%, down by 0.41 percentage point from 2012. The rapid rise in the cost of human and environmental resources will further squeeze the profitability of domestic companies.

It is understood that in order to cope with the pressure of rising costs, companies actively promote automation, information and intelligent transformation. In eastern coastal areas such as Zhejiang, “machine-for-agent” heats up rapidly, aiming to counter the pressure of rising costs, further increase production efficiency and processing quality, and improve the ability to respond to the market.

Fourth, the demand is weak and prices are still low. In 2013, the accumulative orders from key connected enterprises in the machinery industry were based on the low base of the previous year, and the year-on-year growth rate rebounded slightly from month to month. The trend was better than that of the previous year. The cumulative amount of orders from January to December increased by 10.2% over the previous year. But overall, order growth is still weak. Under the pressure of insufficient orders and oversupply, product prices continued to slump. In 2013, the price index of the machinery industry continued the downward trend of the previous year. By the end of the year, the price index for the month had been below 100% for 25 consecutive months.

Cai Weici said that we must also see favorable factors for the development of the industry in 2014. The domestic and international macroeconomic environment is conducive to the stable development of the industry. The stability of the policy environment is conducive to the advancement of structural adjustment by the industry.

According to reports, under the action of the market force mechanism, the machinery industry has made positive progress in its transformation and upgrading. At present, the new progress in product structure upgrades continues and the regional structure continues to adjust in the expected direction. Private enterprises have played a greater vitality. In 2013, private enterprises realized main business income of 11.6 trillion yuan, an increase of 15.4% year-on-year, accounting for 56.74% of the total output value of the machinery industry. The annual total profit of private enterprises was 758.5 ​​billion yuan, an increase of 14.6% over the previous year, and the proportion of profits realized by the machinery industry had reached 53.6%. "Overall, the mechanical industry must really make a long-term effort to enter a healthy development track." Cai Weici pointed out that enterprises still have to work hard to accelerate their transformation and upgrading, increase the added value of their products, and actively go abroad to participate in global competition.