May Metal-cutting Machine Tool Stabilizes and Stabilizes Four Major Features of Industrial Production in China

In May, the value-added of equipment manufacturing industry increased by 10.3% year-on-year, and the growth rate was in line with that in April.

According to the industrial production data released by the National Bureau of Statistics on June 14, the added value of industrial enterprises above designated size increased by 6.5% year-on-year in May, and the growth rate was in line with that in April. Jiang Yuan, senior statistician of the Industry Department of the National Bureau of Statistics, explained this. Jiang Yuan stated that in May industrial production operated steadily. Presented four characteristics:

First, the growth of the industry is basically stable.

In May, the value added of 35 industries in 41 major industries maintained a year-on-year increase, with an increase of 85.4%, which was basically stable compared with the previous month. The growth rate of the mining industry has changed from negative to positive. Electronics, automobiles, electrical machinery, general equipment, special equipment, medicine, instrumentation and furniture manufacturing continue to maintain double-digit growth.

Second, the growth rate of the equipment manufacturing industry was unchanged from the previous month.

In May, the value-added of equipment manufacturing industry increased by 10.3% year-on-year, and the growth rate was in line with that in April. Among them, the growth rates of the electrical machinery, automobiles, general equipment, and metal products industries increased by 1.6, 1.1, 0.7, and 0.2 percentage points respectively from April, and the growth rates of electronics, railway vessels, special equipment, and instrumentation manufacturing industries fell by 1.9 percent from April respectively. , 1.2, 0.9, 0.4 percentage points. Looking at the output of products, the number of new orders for automobiles, especially new energy vehicles, increased significantly, and production began to recover. The growth rate of durable consumer goods such as refrigerators, freezers, air conditioners, fans, etc. generally accelerated over the previous month; equipment for environmental pollution prevention and control, and construction machinery The output of cement, special equipment for cement and metal cutting machine tools still maintained a relatively high growth rate; the output of mobile phones was affected by the high base of the same period and the decrease in orders and production schedules for this month.

Third, production in high-energy-consuming industries fell slightly.

In May, the value added of the six high-energy-consuming industries increased by 3% year-on-year, and the growth rate decreased by 0.1% from April. Among them, electricity, non-metallic mineral products, chemical industry and other industries fell 1.7, 1.6, 1.1 percentage points, respectively, ferrous metal smelting and rolling processing from the previous month increased by 0.2% to 1.9%. The fact that high energy-consuming industries have fallen due to the fall in the prices of bulk commodities and the rise in corporate and social finished goods inventories has slowed down the production rhythm has also been affected by the gradual increase of the previous year's base.

Fourth, the overall growth of products is generally stable, and emerging products that are in line with the upgrade of consumption continue to maintain rapid growth.

In May, of the 596 products that were counted, there were 408 kinds of production that achieved a year-on-year increase, with an increase of 68.5%. Among them, civilian unmanned aerial vehicles, high-performance chemical fiber, lithium-ion battery, industrial robots, optoelectronic devices, urban rail vehicles, automatic teller machines, new energy vehicles, integrated circuits, Solar Cells, special equipment for environmental pollution prevention, and SUVs are all maintained. Growing rapidly.

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