The China Machinery Industry Federation said that in the first half of this year, the production and sales of China's automobile industry were sluggish. Due to the heavy weight of the industry, the growth rate of China's machinery industry was sluggish. It is expected that in the second half of the year, the effect of relevant favorable policies will gradually become apparent, and the growth rate of China's machinery industry is expected to stop falling and stabilize.

The reporter learned at the sixth member meeting of the Fourth China Machinery Industry Federation and the National Machinery Industry Advanced Collective Model Worker Commendation Conference on the 25th that in 2019, the added value of the automobile industry in China's machinery industry fell the most, and continued to fall in April and May. ; The value added of the non-auto industry in May was better than that in April, and most of its indicators were still higher than the average level of all industries. Average.

At the meeting, Wang Ruixiang, President of China Machinery Industry Federation, made a work report titled "Adapting to the New Situation, Benchmarking High Quality, and Make Efforts to Fully Achieve the "Thirteenth Five-Year Plan" of the Machinery Industry.

When analyzing the current situation faced by the machinery industry, he pointed out that the world today is facing great changes unseen in a century. The world economic growth is slowing down, trade protection is intensifying, and the digital economy has a significant impact on globalization. China's domestic economy continues to grow, facing risks and challenges as well as rare opportunities. China's huge market advantages, reform advantages to adapt to changes and unique institutional advantages are the greatest confidence for the sustainable development of China's economy.

Wang Ruixiang emphasized that although China's machinery industry has maintained stable development under the background of complex and changeable external situations, it still faces many difficulties and challenges. The problem of strong has not been fundamentally resolved. In the future, China's machinery industry will accelerate its transformation and upgrading, and make up for shortcomings with independent innovation as the core, so as to achieve high-quality development.

The industry predicts that this year, the growth curve of China's machinery industry will show a downward trend and then a rise. As long as the conversion of kinetic energy is accelerated, China's machinery industry will be able to turn crisis into opportunity, from big to strong.