Ministry of Industry and Information Technology: The average annual growth rate of added value in the equipment industry is 8.2%, maintaining a medium to high growth rate

In the past decade, China's equipment industry has achieved historic achievements and undergone historic changes. From 2012 to 2021, the added value of the equipment industry grew at an average annual rate of 8.2%, maintaining a medium to high growth rate.The industrial scale continues to expand.
By the end of 2021, the number of enterprises above designated size in the equipment industry reached 105100, an increase of nearly 45.30% compared to 2012; The total assets, operating revenue, and total profit reached 28.83 trillion yuan, 26.47 trillion yuan, and 1.57 trillion yuan, respectively, an increase of 92.97%, 47.76%, and 28.84% compared to 2012.
Continuous optimization of industrial structure. In 2021, strategic emerging industries in the equipment industry achieved a revenue of 20 trillion yuan, a year-on-year increase of 18.58%.
The highlights of 'Great Nation's Heavy Weapons' are diverse. C919 test flight, "Jiaolong" submerged in the sea, double dragon pole exploration, million kilowatt water turbine generator set Baihetan hydropower station successfully put into operation, and the third generation nuclear power unit of "Hualong One" was fully completed and put into operation, achieving "going global".
Focusing on common technologies, seven national manufacturing innovation centers have been established in the past decade. Implement industrial strengthening and industrial foundation reconstruction projects, and overcome a number of processes, technologies, and products that constrain development. Strengthening the research and development of key core technologies, implementing major projects such as "High end CNC Machine Tools and Basic Manufacturing Equipment", and breaking through a number of key core technologies such as fully digital high-speed and high-precision motion control and multi axis linkage.
Information source: People's Daily
