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Ministry of Industry and Information Technology: China's equipment industry continues to rebound and improve

On the 18th, the State Council Information Office held a regular press conference on economic data for the first quarter and answered questions from reporters. At the meeting, Tao Qing, spokesperson for the Ministry of Industry and Information Technology and director of the Operations Monitoring and Coordination Bureau, pointed out that in the first quarter of this year, driven by policies such as the special action to boost consumption and the expansion of the "two new" industries, the domestic demand potential of industries such as new energy vehicles and intelligent manufacturing equipment has been further stimulated. China's equipment industry has continued to recover and improve since last year, achieving a good start of "steady growth of the industry as a whole and diverse highlights of segmented industries".

Tao Qing said that from the overall perspective of the industry, production and sales are stable, and expectations are stable. On the one hand, the production and sales of key products have steadily increased. In the first quarter, nearly 70% of the key products in the equipment industry achieved an increase in output, with a growth rate of 69.2%, an increase of 16.7 percentage points compared to the same period last year. The production and sales of bulk commodities such as automobiles continued to improve, reaching 7.561 million and 7.47 million respectively, a year-on-year increase of 14.5% and 11.2%. Among them, the production and sales of new energy vehicles reached 3.182 million and 3.075 million respectively, a year-on-year increase of 50.4% and 47.1%. The production of industrial robots and service robots reached 149000 sets and 2.604 million sets, an increase of 26% and 20% respectively year-on-year. On the other hand, investment in key industries is steadily increasing. In the first quarter, the investment growth rate and private investment growth rate of three key industries, including general equipment manufacturing, automobile manufacturing, railway, shipbuilding, aerospace and other transportation equipment manufacturing, all achieved a growth rate of about 20%, indicating that the company's expectations are very stable. Meanwhile, thanks to the expansion of the "two new" industries, the investment in the purchase of equipment and tools in the industrial sector increased by 16.3% year-on-year, with a growth rate 7.2 percentage points higher than last year.

From the perspective of segmented industries, the development of land, sea, and air power equipment continues to improve, and the intelligent equipment industry is developing rapidly. In the low altitude equipment industry, as of now, 716 companies have completed registration in the civil unmanned aerial vehicle product information system, with 2327 registered products and over 2.91 million aircraft. The world's first four seater electric aircraft has been awarded the Civil Aviation Administration of China's model certificate. In the shipbuilding industry, backbone shipbuilding enterprises are producing well and are basically at full capacity. The overall progress of the second domestically produced large cruise ship, the Aida Huacheng, has exceeded 65% and is about to usher in its first dock floating. In the power equipment industry, from January to February, the cumulative installed capacity of power generation in China was 3.4 billion kilowatts, a year-on-year increase of 14.5%. Among them, the installed capacity of wind power was 530 million kilowatts, a year-on-year increase of 17.6%. The intelligent connected new energy vehicle industry is accelerating its development, with an average driving range of nearly 500 kilometers, and the fast charging technology that charges 80% in 15 minutes has achieved mass production and application. The pilot program for the admission and on road access of intelligent connected vehicles is progressing in an orderly manner. The new generation of intelligent equipment such as intelligent robots is constantly developing and growing, and the application of mobile operation robots in manufacturing processes such as aerospace, semiconductors, and pharmaceuticals has exceeded a thousand units; Explosion proof industrial robots have obtained domestic and international explosion-proof certifications, and have achieved large-scale applications in manufacturing processes such as rail transit equipment and automobile production.

Tao Qing stated that in the next step, we will implement the decisions and arrangements of the Party Central Committee and the State Council, focus on stabilizing growth, filling gaps, and promoting transformation, and continue to promote the high-quality development of the equipment industry. In terms of "stabilizing growth", the focus is on introducing a new round of work plans for stabilizing growth in three industries, including machinery, automobiles, and power equipment, promoting technological transformation and equipment updates in key industries, and working together from both supply and demand sides to comprehensively expand effective demand. In terms of "filling gaps", we will deepen the implementation of supply and demand docking and promotion and application actions such as "industrial mother machine+", "robot+", and high-end medical equipment, and continuously improve the resilience and safety level of key industrial and supply chains. In terms of promoting transformation, the focus is on introducing relevant industry digital transformation implementation plans, promoting the deep integration and application of new technologies such as artificial intelligence and equipment products, and continuously improving the supply level and guarantee capability of high-quality equipment.

Information source: China News Network

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