The reporter learned from the China Machinery Industry Federation yesterday that since the beginning of this year, China's machinery industry's overseas exports have achieved strong growth. The machinery industry's exports have been beating the overall growth rate of foreign trade for 47 consecutive months, highlighting the multiple driving forces of foreign trade; Ballast stone; The function.

Multiple driving forces highlight foreign trade; Ballast stone; Function

The latest data shows that in the first seven months of this year, the cumulative export value of China's machinery industry reached 664.3 billion US dollars, a year-on-year increase of 20.8%, which is 2.3 percentage points higher than the overall growth rate of foreign trade in the country. The total export value accounted for 26.3% of the country's goods trade exports, ranking steadily in foreign trade; Ballast stone; The status. From the order data of the enterprise side, the growth momentum is very sufficient.

Experts point out that the impressive export data of China's machinery industry is supported by three core factors:

• Firstly, the demand for rigid equipment brought about by the green transformation of global infrastructure continues to be released, and the procurement demand for low-carbon heavy-duty equipment in overseas mines, ports, new energy power stations and other scenarios is rapidly expanding.
• Secondly, the long-term technological accumulation of the domestic machinery industry continues to be realized, with high-end equipment performance comparable to international first-line brands and higher adaptability advantages.
• Thirdly, the global R&D, manufacturing, and service network that the enterprise has been laying out for many years is gradually landing, and the localization service capability has greatly improved the acceptance of overseas customers.

Multiple breakthroughs in structural optimization

Presenting three new features

Unlike the past model of relying on mid to low end product categories to expand overseas, China's machinery industry exports have shown distinct transformation characteristics in market coverage, industry structure, and product track since the beginning of this year, and a diversified and deep growth pattern is accelerating its formation.

Experts say that from the latest industry operation data, it can be seen that the export of the machinery industry has presented new characteristics: the first characteristic is the multi-point blooming of market layout. Since the beginning of this year, China's machinery products have served more than 230 countries and regions around the world, deeply integrated into the global industrial chain supply chain system. China Railway Construction Heavy Industry won the bid for the cable tunnel project in Gyeonggi Province, South Korea, and Shandong Lingong's high-end bulldozers were shipped in bulk to Indonesia and Central Asia.

The second characteristic is that the pillar industries are advancing simultaneously, and new driving forces continue to gather. The total export value of the five major industries of electrical appliances, automobiles, petrochemical general, engineering machinery, and mechanical basic components accounts for over 70%. All fourteen sub industries have achieved year-on-year positive growth in exports, with nine industries growing at a rate exceeding 10%. The three major industries of electrical appliances, automobiles, and engineering machinery have maintained double-digit growth for more than 13 consecutive months.

In addition, since the beginning of this year, the product structure of China's machinery industry has accelerated its transition towards high-end. Among them, the total export value of automobiles increased by 56.5%, and the export volume and value of electric passenger vehicles both increased by over 70%. High tech and high value-added products are becoming the core driving force for export growth.

“ Three Modernizations” Transformation illuminates a new path for going global

From outputting standalone products to outputting complete green solutions, from; Competitive Price Advantage; To“ Provide full cycle technical services; , is a new highlight of China's machinery industry exports, essentially the concentrated release of the industry's new quality and productivity cultivation results in the global market, contributing China's equipment strength to the green upgrading of the global industry.

The reporter noticed that the competitiveness of China's machinery industry in going global has fully shifted towards high-end, intelligent, and green; Three Modernizations” Collaborative advantage: XCMG delivers the world's largest hybrid loader of the same level to overseas mining areas, which can help reduce the comprehensive energy consumption cost of mining projects by more than 60%. BYD's new energy vehicles sold 789400 units overseas in the first half of the year, a year-on-year increase of about 68%, and have been widely recognized by global consumers.

With the continuous improvement of the added value of the machinery industry, the profitability of domestic machinery enterprises' overseas business has also increased synchronously. Since the beginning of this year, Zoomlion's overseas revenue has accounted for nearly 60% of the company's total revenue, and the gross profit margin of overseas business is better than that of domestic enterprises. The company has completed the upgrade from single machine product output to complete equipment and full life cycle operation and maintenance services.

Experts say that these vivid cases fully prove that China is relying on the core competitiveness cultivated by new quality productivity, and the Chinese machinery industry is reshaping the division of labor pattern of the global equipment industry, providing stronger resilience support for the stability of the global industrial and supply chains.