The weakest external demand highlights the importa

2022-08-06
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Weak external demand highlights the importance of expanding domestic demand in China's iron and steel machinery industry. We have also sorted out the importance of expanding domestic demand in China's iron and steel machinery industry. Introduction to China's construction machinery information: since the second half of 2008, the impact of the international financial crisis has begun to spread to the real economy, and China's iron and steel, machinery, textile, light industry and other industries have been greatly impacted by the crisis. In the first quarter of this year, with the implementation of the national policy of expanding domestic demand, some industries began to show signs of recovery, but exports

since the second half of 2008, the impact of the international financial crisis has begun to spread to the real economy, and China's steel, machinery, textile, light industry and other industries have been greatly impacted by the crisis

in the first quarter of this year, with the implementation of the national policy of expanding domestic demand, some industries began to show signs of recovery, but the export market was generally depressed. Relevant experts believe that in the case of weak external demand, relevant industries must pay more attention to the development based on domestic demand

iron and steel industry: the market downturn is severe.

since October last year, due to the sharp decline in the international steel market prices, China's iron and steel industry has been in a loss state throughout the industry. In the first quarter of this year, the steel market was still depressed, the steel price was close to the 1994 price level, and the loss situation of the whole industry continued

WuXiChun, President of China Iron and Steel Industry Association, and other experts believe that the main reason for the downturn in the steel market is the sharp decline in steel market demand and the serious excess of steel production capacity

from the perspective of market demand, the market prosperity of major steel industries such as real estate decreased. According to statistics, the newly started area of houses in the first quarter of this year decreased by 16.2% year-on-year. Although the new materials and achievements of a series of policies issued by the state to expand domestic demand: making the nerve regeneration maglev train more stable has a certain pulling effect on the steel demand, it is difficult to make up for the reduced demand

the domestic market demand is weak, while the export market is even less optimistic. The latest released customs statistics show that in the first quarter of this year, China's steel exports reached 5.14 million tons, a year-on-year decrease of 54.9%. Recently, the European Union announced the imposition of temporary anti-dumping duties on seamless steel pipes exported from China. The rise of international trade protectionism will further affect China's steel exports. Shan Shanghua, Secretary General of CISA, predicts that China's steel exports will fall by 80% in 2009

in order to improve the export environment of China's steel products, the state has increased the export tax rebate rate of 23 steel products since April 1. However, insiders believe that due to the shrinkage of the international market, the role of increasing the export tax rebate rate is limited. The development of China's iron and steel industry must be mainly based on domestic demand

at present, some domestic industries have shown signs of recovery. In March, the domestic automobile output reached 1095400, a year-on-year increase of 5.55%; Housing turnover in Beijing, Shanghai, Shenzhen and other cities also rebounded significantly. These positive factors will be conducive to the revitalization of the iron and steel industry

however, the serious excess steel production capacity has restricted the rebound of steel prices. Statistics show that by the end of 2008, China's crude steel production capacity had reached 660million tons, while in 2008, China's crude steel production was 500million tons, with about 160million tons of excess capacity. In fact, at the beginning of this year, the domestic steel price rebounded slightly, but as the steel output rebounded at a faster speed, the steel price quickly turned downward

in order to revitalize the iron and steel industry, the state formulated the "iron and steel industry adjustment and revitalization plan" and put forward a clear output control target - in 2009, China's crude steel output was 460million tons, a year-on-year decrease of 8%. Experts believe that only by formulating specific measures to eliminate backward production capacity and effectively controlling output, can the iron and steel industry get out of the trough

Machinery Industry: the positive effects of policies are obvious

since the fourth quarter of last year, China's machinery industry has ushered in many positive policies: large-scale infrastructure construction, value-added tax transformation and reform, automobile industry and equipment system need to be adjusted and revitalized through a series of energy transmission data, and the implementation of the "automobile to the countryside" and "agricultural machinery to the countryside" policies...

these positive policies have driven the growth of domestic demand, So that China's machinery industry has maintained a good development trend this year. Statistics show that from January to February this year, the added value of the machinery industry increased by 5.4% year-on-year; Calculated by comparable days, the added value of the machinery industry in the first two months increased by 7.2% year-on-year, including 20.7% in February

in the whole machinery industry, the agricultural machinery industry and automobile industry are the most noteworthy. The policy of "agricultural machinery to the countryside" has stimulated the enthusiasm of farmers to purchase agricultural machinery, which is of great significance to designers and engineers. From January to February, the total output value of the special equipment manufacturing industry for agriculture, forestry, animal husbandry and fishery increased by 21.6% year-on-year, including 43.1% in February. The automobile market in the first quarter also ended the downward trend in the fourth quarter of last year. The automobile production and sales reached 2.5676 million and 2.6788 million respectively, with a year-on-year increase of 1.91% and 3.88% respectively. Under the situation that the world automobile industry is in a downturn, China's automobile industry can be described as "the scenery here is unique"

however, the current situation is not too optimistic. Caiweici, vice president of China Machinery Industry Federation, said that at present, the demand for most major technical equipment and large machinery products is still strong and the trend is still strong; However, a large number of medium and low-grade machinery products with a wide range, especially small machinery manufacturing enterprises with serious overcapacity, have faced the dilemma of sharp decline in demand. A number of enterprises have slowed down the pace of production and arranged employees to study or repair equipment

the export situation is also worrying. According to customs statistics, in the first quarter of this year, China's exports of mechanical and electrical products fell by 20.8% year-on-year, and exports of motors and generators fell by 46.8% year-on-year

Cai Weici believes that the impact of the financial crisis on the machinery industry is lagging behind, and it is expected that this impact will be more fully revealed this year. The first half of this year may be the period with the lowest growth rate in recent years. It is expected that the situation will gradually pick up in the second half of the year, and the machinery industry will show a trend of low in the first half and high in the second half of the year

caiweici said that there are still a series of contradictions in China's machinery industry, such as weak independent innovation ability, lagging basic manufacturing level, prominent problems of repeated construction, large but not strong enterprise groups, and difficulties in promoting innovative products. These contradictions have a more fundamental and long-term impact on the healthy development of the machinery industry than the financial crisis

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