CCTV News: In the first two months of this year, the added value of my country's equipment manufacturing industry and high-tech manufacturing industry increased by 10.6% and 9.1% year-on-year respectively, strongly supporting the industrial economy to achieve a steady new and positive development.
The growth rate of my country's equipment manufacturing industry exceeded 10% from January to February this year
The latest data from the China Mechanical Industry Federation shows that the three major manufacturing industries in my country, including general equipment, automobiles, electrical machinery and equipment, grew by 9.5%, 12% and 12% from January to February, respectively, which was higher than the national industrial added value growth rate and had a significant supporting role in industrial growth. Not only that, in the first two months of this year, among the 122 major products monitored by the machinery industry, the output of 88 products achieved year-on-year growth, accounting for 72.1%, setting a new record.
Executive Vice President of China Mechanical Industry Federation Luo Junjie: Since the beginning of this year, the "two new" and "two heavy" policies have been implemented to further stimulate market activity. The popularity of automobile production and sales continued in the first two months. The tourism and cultural market is booming, driving the rapid growth of production of digital cameras and other products. The pace of large-scale equipment updates in the energy field has accelerated, and the production of power generation equipment, power transmission and transformation equipment, petrochemical equipment and other products has increased significantly. High-end equipment manufacturing has strongly supported the stable development of the industrial economy.
