In the first eight months of this year, the total output value of China's machinery industry increased by 26.42% year-on-year

According to the latest statistics, from January to August 2011, China's machinery industry still experienced a slight decline. In August, the growth rate of the total industrial output value fell slightly, and the growth rate of the industrial sales value and the export delivery value rebounded compared with the previous month. In the first 8 months, China's machinery industry achieved a total industrial output value of 106,562.36 billion yuan, a year-on-year increase of 26.42%, and an industrial sales value of 103.972.88 billion yuan, a year-on-year increase of 26.16%. From January to August, the sales ratio was 97.56%, which was a decrease of 0.14 percentage points from the same period of last year.

From January to August, the output value of industrial sales saw a general decline. Among them, the year-on-year growth rate of production and sales of agricultural machinery, petrochemical GM, heavy mining, and food packaging industry showed a slight increase; the growth rate of other industries declined, among them, the auto industry. Affected by the policy, the chain growth rate has continued to decline month-on-month since December of last year, and the year-on-year growth rate has dropped by 28%.

From January to August 2011, the export value of China's machinery industry reached 1,088.451 billion yuan, an increase of 26.22% year-on-year and a decrease of 9.38 percentage points from the same period of last year. From the perspective of sub-sectors, the year-on-year growth rates of internal combustion engines, construction machinery, general petrochemicals, heavy mining, and food packaging industries continued to grow at a faster rate, and growth rates of other industries declined. Among them, the growth rate of the heavy mining industry was the highest, rising from the original negative growth to a positive growth of 11.92%, a year-on-year increase of 28.73%.