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Recently, China Machinery Industry Federation held a press conference. Last year, the growth rate of China's machinery industry was 10.9%, 1.2% higher than that of the national industrial sector. The main business income of the machinery industry grew steadily. Under the background of steady growth in production, the economic growth rate of the machinery industry has risen faster than that of production and sales.
"In 2013, the machinery industry realized a total of 20.4 trillion yuan in revenue from its main business. This is the first time China's machinery industry has reached 20 trillion yuan." Cai Weici, executive vice president of the China Federation of Machinery Industry, said, "But at the same time we see, Among them, the import value reached 298.8 billion U.S. dollars, and most of the imported products are concentrated in high-tech fields. China's machinery industry still has a long way to go."
According to Cai Weici, last year the machinery industry produced moderate growth. Among the 64 major machinery industry products announced by the National Bureau of Statistics, there were 39 types of production growth, which accounted for 60.9% of the year-on-year increase, and 25 types of production, which accounted for 39.06% of the year-on-year decline. Specific analysis shows that products that are closer to consumer relations and products that directly serve automation and intelligent transformation, such as agricultural machinery, passenger vehicles, instrumentation, etc., have a better production and sales situation, while typical investment products, such as machine tools , construction machinery, heavy machinery, power generation equipment, etc., production and marketing situation is relatively poor.
According to Cai Weici, in 2013, the total investment in fixed assets of the machinery industry was 3.99 trillion yuan, an increase of 17.2% year-on-year, which was 7.7 percentage points lower than the increase in the machinery industry in the previous year. The total accumulated profit for the year was 1.41 trillion yuan, an increase of 15.6% over the previous year. 
