From January to July this year, China's machinery industry continued to show strong performance, with both production and sales reaching significant growth. The total industrial output value of the sector reached 294.4547 billion yuan, reflecting a 29.47% increase compared to the same period last year. Meanwhile, the sales output value totaled 28.5433 trillion yuan, up by 29.02%. This robust growth highlights the overall health and momentum of the industry.
According to a recent report from the China Federation of Machinery Industry, seven out of the 13 major machinery sectors experienced growth rates exceeding 29% during the first seven months of the year. These include agricultural machinery, construction machinery, machine tools, electrical appliances, general basic components, food and packaging machinery, and the automotive industry. Notably, the construction machinery and automobile sectors, which were heavily impacted by macro-control policies earlier last year, have shown strong recovery, with growth rates surpassing 30%.
With increased government investment in areas such as petrochemicals, environmental protection, and urban infrastructure, demand for related equipment has surged. The report noted that special equipment for the petrochemical industry grew by 131.64% year-on-year, while water pollution control equipment saw a 78.36% rise. Noise and vibration control equipment also recorded impressive growth, increasing by 76.12%.
In addition, power generation equipment maintained steady growth, with a cumulative increase of 29.12% from January to July. Although the monthly growth rate was slightly lower than the previous month, the overall trend remains positive. The automotive sector also continued its rapid expansion, with a total of 4,426.2 thousand vehicles produced during the period. Passenger car production alone reached 2.32 million units, marking a 47.27% year-on-year increase—outpacing other vehicle categories and showing strong consumer demand.
Screen Printing Machine For Glass Bottles,Glass Bottle Screen Printing Machine,Screen Printing Machine For Glass,Glass Bottle Printer
GIG (DONGGUAN) CO., LTD , https://www.decorationmachine.com