Throughout the year, the growth rate of the value added of the machinery industry has kept leading the national industry by 2%, and the role of the healthy development of the national economy and supporting the transformation of the economic development remains prominent.
In 2014, under the situation that fixed asset investment growth gradually slowed down, the industry's main growth indicators maintained the previous year's level, with operating income maintained at 10%, and profit growth rate of more than 10%. The general trend of equipment prices remained declining. Although the scale of revenue growth remained, the growth rate of profits continued to decline, and the annual inventory pressure increased significantly. As of the end of the fourth quarter, equipment manufacturing finished product funds were 1.3 trillion yuan, an increase of 18.3% year-on-year, and the growth rate was still far higher than the 8.9% level of main business revenue.
The structural adjustment of the equipment manufacturing industry is mainly the adjustment of product structure. Since 2014, the structural adjustment has risen from the establishment of key technologies and the establishment of domestic industrial ecological chains to the breakthrough stage of the international market, and has become China's manufacturing superior industry with international top competitiveness. In 2014, high-end equipment manufacturing in the fist industry, such as rail transit equipment with high-speed rail technology as the core, clean energy and renewable energy equipment represented by breakthroughs in nuclear power technology, along with a series of activities in China's internal affairs diplomacy, became China’s leading manufacturing industry. The highlights and hotspots in the industry upgrading, expanding international economic and trade cooperation, and formulating regional economic development strategies.
According to the deployment of the Central Economic Work Conference, China will continue to implement the overall strategy of developing the western region, revitalizing the northeast, rising of the central region, and taking the lead in the eastern region in 2015. It will focus on the implementation of the “One Belt, One Road,†coordinated development of the Beijing-Tianjin-Hebei, and the Yangtze River Economic Belt. In early 2014, the National Development and Reform Commission proposed that seven major network projects such as information grid oil and gas, health and aged care services, ecological and environmental protection, clean energy, food and water conservancy, transportation, oil and gas, and mineral resources safeguard projects have overall and fundamental importance to economic and social development. In the strategic significance of the engineering package, especially in the fourth quarter, a number of transportation infrastructure projects such as railways and airports have been collectively approved, with a total investment of over RMB 1 trillion yuan, which will bring a huge market increase for the equipment manufacturing industry. The driving effect will be It will appear this year.
In addition, the Ministry of Industry and Information Technology and the Export-Import Bank of China issued the “Several Opinions on Strengthening the Support for the Financing of Major Technical Equipmentâ€, from R&D and innovation capacity building, technological transformation and industrialization, import and technology introduction, product export, and enterprises “going out "Enterprise mergers and reorganizations and other industrial links will provide financing support for enterprises. The basic guarantee for the high level of opening up of China's equipment manufacturing industry will be more effective and effective. International market development is expected to enter a new stage."
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