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China's machinery industry added value in the first 10 months rose 5.5% year-on-year

December 05, 2024
2024 Equipment Manufacturing Development Conference is being held in Chongqing. The reporter learned that in the first 10 months of this year, China's machinery industry value-added growth of 5.5% year-on-year, the overall stability of production and marketing of products, accelerating the development of foreign trade, the overall operating situation is stable and improving.
 
In terms of production and sales, the China Machinery Industry Federation focus on monitoring the 122 kinds of mechanical products, there are 72 kinds of product production growth, accounting for 59%, overall better than the previous year's level; in terms of investment, involving the national economy in general equipment, special equipment, automotive industry fixed asset investment have achieved year-on-year growth; in terms of foreign trade, the first ten months of the machinery industry, trade in goods exports of 710.77 billion U.S. dollars, up 9.4% year-on-year, up 9.4%. billion U.S. dollars, an increase of 9.4%, accounting for 24.3% of the national exports of trade in goods.
 
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The reporter also learned that the China Machinery Industry Federation to determine the “Tenth Five-Year Plan” program, and emphasized three features.
 
In the “Tenth Five-Year Plan” program, China's machinery industry continues to put science and technology innovation in a prominent position, to strengthen basic research and original innovation, breakthroughs in key core technologies. At the same time, the planning program also puts forward to build a new development pattern, enhance the ability of the industry chain independent and controllable, deepen global cooperation, cultivate strategic emerging industries and other important content to accelerate the transformation and upgrading of the industry and high-quality development.
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