How is the machinery industry market this year?
According to the China Machinery Industry Federation, the latest data shows that in the first three quarters, the added value of machinery industries above designated size increased by 8.7% year-on-year, 2.5 percentage points higher than the national average, strongly supporting the stable operation of the industrial economy. By industry, the automobile and electrical machinery industries grew by 11.2% and 11.1%, respectively, each contributing 11% to the overall growth of industrial enterprises above designated size. Regarding products, the cumulative output of 68% of key monitored products increased year-on-year, with growth rates exceeding 10% for automobiles, solar cells, and excavators.
A representative from the China Machinery Industry Federation stated that with the accelerating integration of artificial intelligence and industry and the deepening transformation of manufacturing to intelligent technology, my country's intelligent equipment sector is experiencing rapid development. In the first three quarters, the added value of the intelligent equipment manufacturing industry increased by 12.2% year-on-year. The output of CNC machine tools, industrial control systems, and 3D printing equipment all achieved double-digit growth. Particularly notable is the production of industrial robots, which reached 595,000 units in the first nine months of the year, exceeding the total output of the previous year. In addition, the machinery industry's innovation chain and industrial chain are deeply coordinated, new and old kinetic energy are transformed in an orderly manner, new quality productivity in the machinery industry is gathering rapidly, and industrial upgrading has taken solid steps. (CCTV News)
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