Machinery industry investment in fixed assets fell import and export decline narrowed

This year, the world economy is still complex, China's economic development into the new normal context, the machinery industry to achieve a stable development. Statistics show that 1-10 months, the machinery industry totaled 4 trillion and 102 billion 833 million yuan investment in fixed assets, an increase of 0.74%. 1-9 months, the total imports and exports of machinery industry $476 billion 783 million, down 4.89%, the cumulative import and export trade surplus of $80 billion 668 million. The first 9 months, the machinery industry to achieve a total profit of $1 trillion and 140 billion, an increase of 7.43%, higher than the industry growth rate of the same period last year by 7.09 percentage points, slightly lower than the national industry by 0.95 percentage points.
Fixed asset investment trend
1-10 months, the machinery industry investment in fixed assets totaled 4 trillion and 102 billion 833 million yuan, an increase of 0.74%, than the 1-9 month down 0.8 percentage points compared to 1-6 months, down 2.33 percentage points compared to 1-3 months, down 10.36 percentage points, the downward trend continued to increase, respectively, lower than the national and industry 7.56 and 2.36 percentage points. From the month to see, in October this year, the machinery industry investment in fixed assets fell by the largest month, down 6.48%, and the chain changed by a year earlier, in September, the growth rate, down by 5.23%. In the thirteen major industries of the machinery industry has shown a continued expansion of the scale of investment, industry investment growth slowed year on year, the industry contributed greatly to the difference in the amount of high concentration of small industry investment characteristics:
First, the scale of investment continues to expand. The nine industry investment of more than 100 billion yuan, accounting for 96.41% of the proportion of investment in machinery industry, the largest amount of investment in the automotive, electrical and general petrochemical industry, reached 1 trillion and 14 billion 473 million yuan, 890 billion 608 million yuan and 506 billion 320 million yuan, accounting for the proportion of investment in machinery industry in more than 12%.
Two industry investment growth slowed down the situation has not changed. The investment accounted for more than four in the car industry, general parts and electrical industry industry 3 year growth rate over 1~9 months were down 2.84, 1.55 and 1.23 percentage points, thirteen in the industry there are still six decline in the industry.
Three is the industry contribution rate. Electrical industry reached 232.05%, pulling the machinery industry investment growth of 1.72 percentage points; while the heavy mining industry contribution rate of -106.01%, after the mechanical industry investment growth of 0.78 percentage points.
Four small industry investment concentration is high. A total investment of 100 billion yuan more than the 5 industry, which are auto parts and accessories manufacturing, automobile manufacturing, machinery parts processing, wire and cable manufacturing equipment and photovoltaic components manufacturing, accounted for only 146 of the 3.44% industry gathering, but its investment amounted to 123 million 891 thousand and 100 yuan, the total investment proportion of 30.2%.
From the total number of projects and construction projects, the first 10 months of the total planned investment in machinery industry, 8 trillion and 142 billion 262 million yuan, down by 0.62%, a decline of more than 1-9 percentage points to deepen. The number of construction projects 62223, an increase of 10.35%, down 1-9 percentage points compared with the month of, of which new projects started in the year of, an increase of 13.63%, down 1-9 percentage points over the month.
From the funds in place, 1-10 machinery industry investment in fixed assets actual funds 3 trillion and 998 billion 851 million yuan, down 3.35%, 1-6 months since the continuation of a down trend, and the monthly deepened, 4.09 percentage points lower than the growth rate of investment. The state budget funds increased by 23.23%, compared with the growth rate of 1-9 months to speed up 5.25 percentage points; domestic loans fell by 15.83%, 0.76 percentage points more than 1-9 months; self financing decreased by 2.59%, 0.87 percentage points more than 1-9 months; the use of foreign investment dropped 19.75% compared to 1-9 months deepening decline of 2.12 percentage points; other funds increased by 21.51%, increased by 0.78 percentage points compared with the growth rate of 1-9 months.
1-10 machinery industry investment in fixed assets is as follows: first, investment growth continues to decline, from the beginning of 1-4 month, the 7 consecutive month investment growth rate down; small investment industry concentration is high, 17% of the investment in auto parts and accessories manufacturing industry. Second, in place capital growth continued to decline, the main investment funds fell year on year growth deepened, although the state budget funds to increase investment, but the proportion is too small, the whole machinery industry in place with insufficient funds.
The main economic indicators rose slightly
1-9 month, showing the main economic indicators of the national machinery industry are as follows: the main business income margin was 6.56%, compared with the national industry (5.67%) 0.89 percentage points, current assets turnover rate of 1.93 times, compared with the national industry (2.28) 0.35 times slower; cost margin was 7.03%, compared with the national industrial (6.07%) high 0.96 percentage points. 9 at the end of the asset liability ratio of 53.94%, compared with the national industry (56.25%) low of 2.31 percentage points, capital preservation and appreciation rate of 110.87%, compared with the national industry (107.41%) high of 3.46 percentage points.
First, total profit growth fell slightly year on year. 1-9 months, the national machinery industry enterprises realized a total profit of 1 trillion and 137 billion 920 million yuan, an increase of 7.43%, compared with 1-8 month (7.56%) fell by 0.13 percentage points, compared with the national industry (8.38%) lower by 0.95 percentage points. September month, the total profit of 138 billion 788 million yuan, an increase of 6.47%, compared with August (15.08%) low of 8.61 percentage points. Cumulative total profit growth points of view, the thirteen major industries grew by eleven year on year decline of two. An increase of over 10% of the industry two, respectively, for the automotive industry (12.67%) and instrumentation industry (10.03%); two sectors fell, respectively, for the industry of heavy mining machinery (-7.03%) and -4 (general petrochemical industry.22%).
In 31 small industry machinery industry focus, total profit 1-9 month cumulative increase of three industries faster for transportation equipment and production counting meter (13.66%), the supply of manufacturing equipment and other instruments (13.4%) and the control system of industrial automation equipment manufacturing (12.36%); and fell over 10% of the two industries, respectively for oil drilling equipment manufacturing (-22.86%) and the metal cutting machine tool manufacturing (-18.64%).
Two is the main business income, cost growth. 1-9 months, machinery industrial enterprises the main business income of 17 trillion and 342 billion 855 million yuan, an increase of 7.19%, an increase of 0.05 percentage points compared to 1-8 months, compared with the national industrial growth rate of 3.5 percentage points; the main business cost 14 trillion and 793 billion 563 million yuan, an increase of 7.16%, an increase of 0.03 percentage points compared with the growth rate of 1-8 months, 3.67 percentage points higher than the national industry; cost per one hundred yuan income reached 85.3 yuan, compared with the 1-8 month low of 0.02 yuan, 0.57 yuan lower than the national industry; per hundred dollars of assets to achieve the main business income of 119.87 yuan, 9.78 yuan higher than the national industry.
Import and export growth from positive to negative
According to customs statistics show that this year, 1-9 Machinery Industry Import and export, import decline narrowed, the month of import and export growth from positive to negative.
1-9 months, the total imports and exports of machinery industry $476 billion 783 million, down 4.89%, a decline of more than 1-8 months (-5.16%) narrowed by 0.27 percentage points. Which exports $278 billion 726 million, down 4.69%; imports $198 billion 58 million, down by 5.18%, a decline of more than 1-8 months (-5.82%) narrowed by 0.64 percentage points, the cumulative import and export trade surplus of $80 billion 668 million.
September month, the total import and export of machinery industry 55 billion 459 million U.S. dollars, down by 2.73%, the growth rate from positive to negative last month, down by 11.02 percentage points. Which exports $31 billion 545 million, down 4.78%, imports of $23 billion 913 million, an increase of 0.13%, the growth rate down by August compared to 10.97 percentage points, the trade surplus of $7 billion 632 million.
First, the cumulative decline in exports of the ten industry a slight deepening. 1-9 months, export growth of machinery industry ten industry than 1-8 months down, the export growth rate dropped rapidly in the industry are basic pieces of machinery, agricultural machinery and instrumentation industry, 1.06, 0.85 and 0.81 percentage points respectively, deepen the decline compared to 1-8 months.
The month of September, the export growth rate dropped compared with August is the fastest in the agricultural machinery industry, compared with a decline of 24.68 percentage points in August to deepen; followed by internal combustion machinery and machine parts industry, growth in the previous month were from positive to negative, down 18.56 percentage points and 17.75 percentage points respectively.
Two Guangdong, Guangdong and Jiangxi provinces and cities are more than half of the import and export volume of three. 1-9 months, from the total amount of import and export, accounted for more than three provinces and cities were: Guangdong ($111 billion 119 million, accounting for 23.31%), Jiangsu ($77 billion 410 million, accounting for 16.24%), Shanghai ($64 billion 386 million, accounting for 13.5%), the three provinces of import and export accounted for 53.05% of import and export industry.
From the import point of view, 1-9 months, the fastest growing imports of the top three provinces of Gansu (65.83%), Fujian (34.03%) and Henan (31.78%).
From the export point of view, the first 9 months, the smallest decline in exports in the first three provinces and municipalities in Shandong (-0.76%), Shanghai (-1.62%) and () (-1.76%).
Three is a slight increase in U.S. imports and exports decline. 1-9 months, total bilateral trade to US $73 billion 152 million, down 4.79%, a decline compared to 1-8 months (-3.99%) enhance 0.8 percentage points, of which exports to the U.S. $48 billion 483 million, down 3.48%, a decline compared to 1-8 months (-3.04%) enhance 0.44 percentage points, since the United States imports $24 billion 669 million, down 7.26% year-on-year decline. A 1-8 (-5.79%) to enhance 1.47 percentage points.
Four is the general trade and processing trade import and export fell. 1-9 months, general trade import and export of machinery industry accumulated a total of $307 billion 529 million, down 2.61%, the proportion of the total import and export of machinery industry is 64.5%, which imports $138 billion 140 million, down 0.44%, exports $169 billion 388 million, down 4.31%.
The total import and export processing trade totaled $117 billion 369 million, down 9.25%, accounting for the total import and export of machinery industry accounted for 24.62%, which imports $34 billion 409 million, down 16.26%, exports $82 billion 960 million, down 5.99%.
Five is the state-owned and private enterprises two clockwise and counter trade. 1-9 months, the state-owned and private enterprises accumulated import and export trade surplus, including state-owned enterprises accumulated import and export amounted to $56 billion 711 million, down 8.21%, trade surplus of $3 billion 983 million; the total import and export of private enterprises amounted to $146 billion 794 million, an increase of 1.06%, trade surplus of $76 billion 748 million. The total import and export of foreign-funded enterprises amounted to $273 billion 278 million, down 7.14%, trade deficit 0.63 billion.
Six is the largest car imports, auto parts exports up to. The first 9 months, in the summary of the import and export of machinery industry in the 92 products, the cumulative increase in imports and exports of products are all of the 42. The total imports of 3 kinds of products were the largest for the car (including a complete set of spare parts), auto parts and four wheel drive light off-road vehicles (including a complete set of spare parts). The cumulative exports of the 3 products are auto parts, wire and cable and low-voltage electrical appliances. This article from the China Machinery Industry Federation Statistics Information Department