The export of machinery industry goes against the wind

At present, there is still great instability and uncertainty in the overseas epidemic, which increases the supply risk of some parts of the machinery industry, and has a prominent impact on the international cooperation of the industry. Project negotiation, on-site installation, material import and international transportation are obviously blocked, and the international trade situation of the industry is still grim and complex.

Information from The China Machinery Industry Federation shows that after the stabilization in March and April, the export of China's machinery industry did not continue to rebound in May and June, and the decline was around 7%. The impact of the overseas epidemic on the foreign trade of the machinery industry is still continuing. A recent special survey showed that 64% of surveyed companies expect overseas orders to remain in decline in the second half of the year, while 21% expect a decline of more than 20%. 27% expect orders to be flat; Only 9% expected orders to rise in the second half. In the second half of the year, the export of China's machinery industry is still under considerable downward pressure.

China's machinery industry saw imports and exports of $344.2 billion in the first half, down 7.84 percent from a year earlier, customs data showed. Among them, the import of US $138.6 billion, down 8.54% year-on-year; Exports reached us $205.6 billion, down 7.37% year-on-year. Compared with the first quarter, the decline in total imports and exports narrowed by 1.99 percentage points, imports by 1.58 percentage points and exports by 4.44 percentage points. China's machinery industry ran a cumulative trade surplus of $67 billion in the first half of the year.

In the face of unprecedented impact and challenges, China's machinery industry enterprises actively responded, bucked the trend, showing the resilience of the industry development.

Machinery enterprises try their best to expand overseas markets and stabilize foreign trade. In the first half of this year, XCMG group has sent bulk shipments of large-tonnage hoisting machinery to Australia, excavation machinery and road machinery to North America, and exported customized models worth more than 100 million yuan to Southeast Asian countries. Shanghai Electric Automation Group participated in the Makati Metro project in the Philippines for the first time as the general contractor of rail transit mechatronics integration, marking its completion of the leap from a single type of service to a complete set of project general contracting in the rail transit industry. This is also the first overseas subway project undertaken by Shanghai Electric Group, which is a major breakthrough in its development of overseas markets. Dongfang Electric's Reed-Bridge wind power project in Ecuador was officially executed, marking the successful arrival of its wind power project in The South American market after landing in Europe and Africa.

In order to seek long-term survival and development, the research and development enthusiasm and investment of machinery enterprises are not reduced. Statistics of key enterprises in the machinery industry show that since April, the industry has turned from negative to positive research and development expenditure year-on-year, in the first half of the year in the income and profit is still in the negative growth, the machinery industry research and development expenditure expenditure growth has reached double digits, 58.8% of key enterprises research and development expenditure year-on-year growth. In the first half of this year, a number of domestically developed and innovative achievements were put into use. For example, the world's largest 4,000-ton crawler crane developed and manufactured by Sany Heavy Industry successfully completed the installation of no. 4 "1,500t class" acrylic tower of Luqing Petrochemical Project, realizing the replacement of imported crawler cranes with domestic products in a full series. At the same time, enterprises in the machinery industry have taken the initiative to expand service fields, innovate service models, and actively explore new growth drivers. In order to cope with the international communication difficulties caused by the global epidemic, XCMG started the online business model, took the lead in the industry to hold the global live broadcast of construction machinery, and introduced Chinese construction machinery products to the world by using the live broadcast platform of new media.

Data from Alibaba International Shows that the growth in the number of buyers inquiring about cross-border e-commerce platforms in the construction machinery industry has gradually recovered after bottoming out in March. In the first half of the year, the number of inquiry buyers in the platform construction machinery industry increased by 57% on average and the number of orders increased by 119% on average. From the buyer country distribution, "One Belt And One Road" along the country is the main export of China's construction machinery. Among them, Southeast Asia is the largest export market, accounting for 10% of the total number of inquiring buyers, India, Russia, Brazil and other countries also occupy a considerable share of the market.

Alibaba international standing cross-border electricity engineering machinery development, according to a report as to effectively control the outbreak and infrastructure stimulus policy, global infrastructure market rebound substantially in 2021, especially for the whole machine has a competitive advantage in China machinery "neighbourhood" all the way along the route of the market, demand growth trend will be more obvious, suggested that enterprises pay attention to grasp the related opportunities.