The machinery industry made breakthroughs in innovation-driven steady operation

29.8.2024

Source: Economic Daily News

In the first half of China’s machinery industry, the added value of enterprises above designated size rose 6.1 percent year on year, as the industrial scale continued to expand, according to data released by the China Machinery Industry Federation. The machinery industry has actively promoted high-end, intelligent and green development. The overall operation of the industry is stable, making progress, and high-quality development has made solid progress.

1.The industrial scale continued to expand

In the first quarter, the machinery industry got off to a good start, the second quarter was still stable, and the first half of the year was generally stable and made progress. The industrial scale continued to expand.

  1. Innovation-driven breakthroughs were made

In the first half of this year, the machinery industry adhered to innovation, accelerated the cultivation of new drivers of growth, and accelerated transformation and upgrading. A number of major technological equipment and innovative achievements emerged, and the resilience and security of industrial and supply chains continued to improve.

  1. Green and low-carbon development was accelerated

 The release of the national standards for electric construction machinery comes from the rapid development of electric construction machinery. In the first half of this year, the sales volume of electric hoftracss of construction machinery in China reached 5,114 units, which has exceeded the total of the last two years, accounting for 17.7% of the sales volume of hoftracss in the domestic market, of which in June accounted for nearly 30%.

 The growth of electric construction machinery is a microcosm of the green development of machinery industry.

wiseman hoftrac Application scenarios4

The growth of electric construction machinery is a microcosm of the green development of machinery industry.Recently, the relevant departments have introduced a number of measures to further support the large-scale equipment renewal and the replacement of old consumer goods for new ones, which will effectively promote investment and consumption, and effectively release the market demand of the machinery industry.

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