In the first half of 2016, the export value of fasteners reached 2.323 billion US dollars, a year-on-year increase of -8.03%
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In the first half of 2016, in view of the complex development of the international economic operation and the weak demand for the development of domestic mainframe equipment, enterprises in the machinery and general parts industry were faced with the dual pressure of insufficient orders and obstacles to the development of product exports, both in terms of their own economic operation and in In terms of imports and exports, both showed a year-on-year negative growth situation, and the downward pressure on enterprises in the industry was still relatively large.
The total output value of the machinery general parts industry in the first half of the year was 162 billion yuan, a year-on-year increase of -2.4%, which was less than the negative growth in the first quarter. The main problem faced by the industry is the weak demand for mainframe support and insufficient orders for enterprise products. The economic operation of enterprises shows that the development of products of enterprises that provide supporting services for mainframe equipment such as automobiles and rail transit is relatively stable, with a slight year-on-year growth, while the rest are all negative growth.
The import and export performance of the general machinery parts industry is also sluggish. Regardless of the overall data of the industry or the import and export data of the six majors, the year-on-year growth rate is negative. In the first half of the year, the total import and export volume of the industry was 14.518 billion US dollars, a year-on-year increase of -4.8%. The total import value of the industry was 8.396 billion US dollars, a year-on-year increase of -3.39%.
The industry's import-led majors: gear imports were US$6.405 billion, a year-on-year increase of -2.41%; fastener imports were US$1.455 billion, a year-on-year increase of -2.66%. The total export value of the industry was 6.122 billion US dollars, a year-on-year increase of -5.82%; the industry's leading exports: gear exports were 2.764 billion US dollars, a year-on-year increase of -1.5%; fastener exports were 2.323 billion US dollars, a year-on-year increase of -8.03 %; chain exports were US$628 million, a year-on-year increase of -13.9%. The comparative analysis of exports in the first half of the year shows that the export development trend of the industry has improved in the first half of the year, and the negative growth rate of its exports is weakening. Firmware decreased from -22% year-on-year in February to -8.03% by the end of June; chain exports decreased from -23.4% year-on-year in February to -13.9% by the end of June.
In the first half of the year, the overall economic operation of the general machinery parts industry still showed a weak trend, and the recovery energy was insufficient. In the second half of the year, enterprises in the industry should take a cautious attitude, develop their thinking, actively respond, and promote the stable development of enterprises in the industry.
On the other hand, we have seen that under the favorable environment of Made in China 2025, industry enterprises are actively exploring new paths for enterprise transformation, upgrading and development, focusing on the cultivation of enterprise innovation capabilities, continuously implementing product structure adjustments, improving product quality, and improving product quality in enterprises. Intelligent manufacturing, green manufacturing, and the transformation of traditional enterprises to manufacturing services have begun to be gradually practiced, and technological applications such as manufacturing digitization, management informatization, and service networking have also begun to emerge, which are promoting the continuous upgrading and development of industry enterprises.
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