Cai Weici, vice president of China Machinery Industry Federation, said that in 2008, China's machinery industry achieved new progress in structural adjustment on the basis of continuous development of more than 20% in six years. The overall strength and level continued to improve and international competitiveness was further enhanced.
According to Cai Weici, in 2008, China's machinery industry production and sales increased by 23.43% and 23.26% respectively. In the first 11 months, the total profit reached 460.5 billion yuan, a year-on-year increase of 16.42%. The development of major equipment has achieved many new breakthroughs, and energy saving and emission reduction technologies have achieved a number of important achievements.
Cai Weici said that on the basis of substantial growth in successive years, the output of important mechanical products in 2008 reached a record high. Among the 109 major products included in the Express Statistics, there are 75 new highs, accounting for 68.8% of all varieties. Among them, the output of large and medium-sized tractors exceeded 210,000 units, an increase of 12.8% year-on-year; the output of power generation equipment exceeded 130 million kilowatts, a record high; the total annual production of automobiles was 9,345,500, and the sales volume was 9,380,500 units, an increase of 5.14% and 6.70% respectively. .
Cai Weici quoted customs statistics as saying that the total value of China's imports and exports of machinery products reached US$437.3 billion in 2008, up 20.91% year-on-year; of which exports were US$242.5 billion, up 25.7%, and the trade surplus was US$47.7 billion, a net increase of US$23.5 billion from the previous year. , an increase of 97.46%.
Cai Weici said that in 2008, China’s self-sufficiency rate of machinery products exceeded 80%, and the contribution rate to national industrial output value and profit growth reached 18.49% and 63.93%, respectively. The contribution rate to the country’s foreign trade export growth reached 23.55%, which played a good role. The role of the pillar industry has made due contributions to the development and construction of the national economy.
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