At the press conference of China Construction Machinery Industry Association held recently, Su Zimeng, president of China Construction Machinery Industry Association, said that in the first half of 2022, construction machinery enterprises faced the triple pressures of demand contraction, supply shock and expected weakening, actively responded to the increasingly complicated and severe development environment and obviously increased risk challenges, and faced difficulties and took the initiative to make positive achievements, making contributions to the high-quality development of the industry.
Achieve stable operation of the industry
In 2021, the construction machinery industry achieved an operating income of 906.5 billion yuan, a year-on-year increase of 17%, a record high. By the end of 2021, the number of main products of construction machinery in China has reached 8.3-8.99 million, an increase of 3.44% over the end of 2020. In the total industrial output value, the export delivery value of the industry increased by 66.1% year-on-year, reflecting the important supporting position of exports in the development of the industry.
Su Zimeng pointed out that in the first half of 2022, the international situation was complicated and severe, and the growth of the world economy slowed down obviously, according to the statistics of the sales volume and export volume of major products of the industry from January to June 2022. Especially since March, due to the Russian-Ukrainian conflict and the frequent spread of COVID-19 epidemic in China, the external environment changed beyond expectations in the second quarter, the market demand of domestic construction machinery industry declined, the sales volume of products dropped, and the industry operation showed a downward trend.
According to the sales volume of 12 key products counted by the association, January and February started well, with a year-on-year increase of 3.87% in January and 16.3% in January-February. March dropped significantly, with a year-on-year decrease of 19.6% in March; The decline in April was * large, with a year-on-year decline of 30.5% in April; May continued to fall, with a year-on-year decline of 18.5% in May; The decline in June narrowed sharply, and the year-on-year decline in June narrowed to 7.16%, and the month-on-month increase was 7.78%, which changed the negative growth in April and May. The data shows that since June, with the overall improvement of epidemic prevention and control, enterprises have resumed work and resumed production in an orderly manner, and the effect of stabilizing economic policies has been gradually released and shown to be effective. The main economic indicators of the industry have stopped the downward trend, some product lines have gradually stabilized and rebounded, and the whole industry has achieved stable operation on the whole.
The export market continues to grow
Su Zimeng said that in the first half of the year, the competitive advantage of the industry in the international market continued to improve, and the export volume continued to grow. According to customs data, the import and export volume of China's construction machinery from January to June 2022 was USD 21.391 billion, a year-on-year increase of 25.2%. Among them, the import value was USD 1.502 billion, down by 26.7% year-on-year; The export value was USD 19.89 billion, up by 32.3% year on year, and the trade surplus was USD 18.388 billion, up by USD 5.398 billion year on year.
In the first half of the year, the export of construction machinery industry continued to show a high growth rate, and the monthly export volume was at the historical high level of the same month, among which the monthly high export volume was twice set in January and June, and it was close to USD 4 billion in June, setting a new record.
Su Zimeng said that the whole industry has implemented the innovation-driven development strategy, adhered to the "four orientations", accelerated the pace of independent innovation, continuously increased investment in R&D, and strengthened cooperation between the government and Industry-University-Research. In the first half of the year, a batch of engineering equipment that reached international advanced and international standards was put on the market, and a batch of scientific research achievements and major technical equipment were popularized and applied. Enterprises continue to promote structural optimization, transformation and upgrading, accelerate the development towards digitalization, networking, intelligence and greening, strive to get through all links of innovation chain, coordinate the development of mainframe and key components, optimize and upgrade the industrial chain and supply chain, and achieve phased results in industrial base and modernization of industrial chain.
New business opportunities show new achievements.
As for the industry trend in the second half of the year, Su Zimeng judged from many factors, such as the epidemic situation, base number and consideration of international and domestic market demand. With the release of the national macroeconomic policy dividend, especially with the implementation of a package of steady growth policies and measures, the operation of the construction machinery market will gradually improve in the second half of the year. Combined with the weakening of base influence, the main indicators of the whole industry will show a trend of low before and high after the whole year.
Su Zimeng suggested that enterprises seize the new opportunities in the market. With the continuous increase of steady investment, the acceleration of infrastructure investment, the acceleration of the issuance and use of special bonds, and the acceleration of major projects, especially the relevant state departments take comprehensive measures to continuously strengthen the construction of energy production, supply, storage and sales system, closely adhere to the goal of ensuring supply and price stability, do a good job in implementing policies and measures, continuously increase coal production and supply, do a good job in all aspects of energy guarantee and supply, consolidate the foundation of energy guarantee, and effectively meet the energy demand of economic and social development.
In addition, the establishment of low-emission areas and stock market renewal in some provinces and cities will also bring new market opportunities to the industry.
He hopes that relevant enterprises will rationally analyze the market demand of each product line and set reasonable expectations. In order to meet the needs of users, organize production reasonably according to the needs of the market. At the same time, strengthen fund management and channel management, and take multiple measures to improve business quality and profitability.
Su Zimeng put forward the deployment requirements of "stabilizing the economic market, seizing the time window, and striving to push the economy back to the normal track", grasping key nodes, seizing the time window period, effectively responding to the current risk challenges, and making contributions to stabilizing growth, stabilizing market players, and ensuring employment. At the same time, the industry should unswervingly implement the innovation-driven development strategy, and continue to lay a solid foundation for the industrialization and modernization of the industrial chain; Accelerate the conversion of industrial kinetic energy, firmly seize the opportunities of projects such as coal, water conservancy, transportation, renovation of old residential areas, underground utility tunnel and new infrastructure construction projects, look for new business opportunities, and show new achievements in the new market competition; To make full use of all kinds of bail-out policies, the Association will also actively put forward policy suggestions to promote the effectiveness of various bail-out policies in the industry; Adhere to the international development strategy and expand the overseas application of domestic high-level construction machinery.
