The added value of the mechanical industry in the first half of the year increased by 9.7% year-on-year (new data and highlights) Data | Mechanical Industry | year-on-year
Data mapping: Cai Huawei
Beijing, August 10th (Xinhua) - The China Machinery Industry Federation recently released data showing that the added value of the machinery industry increased by 9.7% year-on-year in the first half of this year, which is 5.9 and 5.5 percentage points higher than the growth rate of the industrial and manufacturing industries in the same period. The economic operation of the machinery industry is stable and making progress.
The industry benefits are rapidly recovering. Thanks to technological innovation leading to product structure optimization and upgrading, the economic efficiency indicators of the mechanical industry have rebounded. In the first half of the year, the mechanical industry achieved a cumulative operating revenue of 13.6 trillion yuan, a year-on-year increase of 9.4%, and a total profit of 775.17 billion yuan, a year-on-year increase of 12.2%.
The momentum of emerging industries is good. The world's first 10 meter ultra high intelligent coal mining machine independently developed by China has been taken offline; The world's first green shield tunneling machine and the world's largest tonnage hydrogen energy mining truck have been put into use one after another... A batch of intelligent and green major equipment has achieved breakthroughs. In the first half of the year, the strategic emerging industries related to the mechanical industry achieved a cumulative operating revenue of 10.9 trillion yuan and a total profit of 607.92 billion yuan, with year-on-year growth of 10.4% and 15.6%, respectively.
![The added value of the mechanical industry in the first half of the year increased by 9.7% year-on-year (new data and highlights) Data | Mechanical Industry | year-on-year](https://a5qu.com/upload/images/877cc968135ddf5fc301d691975e2aa4.jpg)
Progress has been made in fixing and stabilizing the supply chain. As of the end of June, there were 260 innovative platforms listed for operation and approved for construction in the mechanical industry. Focusing on weaknesses, targeting the bottlenecks and breakpoints in the industrial chain, increasing research and development efforts in the mechanical industry, improving basic capabilities, and achieving new progress in fixed and stable chains.
Foreign trade maintains growth. In the first half of the year, the mechanical industry achieved a total import and export volume of 536.1 billion US dollars, a year-on-year increase of 5.1%. Made in China has become more widely involved in the construction and development of countries around the world. In the first half of the year, China's machinery industry has provided mechanical equipment to more than 230 countries and regions.