2023 Although the economic operation of the machinery industry in 2023 has experienced fluctuations, the operation trend is generally good. Affected by the comparison base, the growth rate of the main indicators was lower in the first quarter, the growth rate was higher in the second quarter, and the growth rate slowed down in the third quarter, but with the concentrated introduction and implementation of a number of stable economic policy measures, the industry's operation in the fourth quarter again stabilized and improved, and the main economic indicators achieved steady growth throughout the year.
By the end of 2023, the number of enterprises above designated scale in the machinery industry was 121,000, an increase of 10,000 over the previous year, accounting for 25% of the national industry, an increase of 0.3 percentage points over the previous year; Assets totaled 36 trillion yuan, up 9.9 percent year on year, accounting for 21.5 percent of the country's industry, up 0.7 percentage points from the previous year. In 2023, the added value of the machinery industry increased by 8.7% year-on-year, which is 4.1 and 3.7 percentage points higher than the growth rate of the national industrial and manufacturing industries. The added value of the five major categories of national economic industries mainly involved in the machinery industry increased, of which electrical machinery and automobiles played a prominent role in driving the added value growth rate of 12.9% and 13% respectively; General equipment, special equipment and instrumentation added value grew at a lower rate of 2%, 3.6% and 3.3%, respectively.
In 2023, the production and marketing situation of the main products of the machinery industry continued the differentiation trend of the previous year, and the number of products accounted for about half of the output increase or decrease. Of the 120 major products monitored, the output of 61 products increased year-on-year, accounting for 50.8%; The output of 59 kinds of products decreased year-on-year, accounting for 49.2%. The main features of the production and sales of key products are as follows: First, the production and sales volume of automobiles reached a record high, and the production and sales volume of automobiles exceeded 30 million in the year, and both passenger cars and commercial vehicles achieved rapid growth; The production and sales of new energy vehicles reached about 9.5 million, accounting for 31.6% of the total automobile sales, and the industrial structure adjustment has achieved remarkable results. Second, electrical and electrical appliances continued to grow, generating sets, solar cell production increased by 28.5% and 54%, respectively. Machine tool industry production picked up, gold cutting machine tool output increased by 6.4%. Fourth, construction machinery is still sluggish, excavator, loader sales fell 25.4% and 15.8%, respectively. Fifth, agricultural machinery products continued to be depressed, and the output of large and medium-sized tractors and special equipment for feed production fell by 1.9%, 9.1% and 21.2%, respectively. In 2023, the machinery industry achieved operating income of 29.8 trillion yuan, an increase of 6.8%; The total profit reached nearly 1.8 trillion yuan, an increase of 4.1% year-on-year. The growth rate of operating income and total profit was 5.7 and 6.4 percentage points higher than that of the national industry, accounting for 22.3% and 22.8% of the national industry, 1.2 and 1.4 percentage points higher than that of the previous year.
In 2023, the overall fixed asset investment in the machinery industry continued to grow at a high rate, which played an important supporting role in driving industrial and manufacturing investment. Among the five major categories of national economic industries mainly involved in the machinery industry, the investment in automobiles and electrical machinery grew rapidly, with a growth rate of 19.4% and 32.2% respectively, especially the growth rate of electrical machinery was always higher than 32% for two consecutive years; General equipment, special equipment and instrumentation investment growth rate of 4.8%, 10.4% and 14.4%, respectively. The investment growth rate of the five major industries was higher than the fixed asset investment growth rate of the whole society (3%), and except for general equipment, it was higher than the average level of the national industry (9.0%) and manufacturing (6.5%).
In 2023, the world political and economic situation is complex and severe, global trade performance is sluggish, and weak external demand brings pressure on export growth, but China's machinery industry has withstood multiple pressures, and foreign trade has risen steadily to a new high, demonstrating strong resilience and international competitiveness. According to the summary of customs statistics, the total import and export volume of machinery industry in 2023 reached 1.09 trillion US dollars, an increase of 1.7%, more than one trillion US dollars for the third consecutive year, accounting for 18.3% of the country's total import and export volume. Among them, the value of imports was 304.51 billion US dollars, down 7.6% year-on-year, accounting for 11.9% of the country's foreign trade imports; The value of exports was 783.02 billion US dollars, up 5.8% year on year, accounting for 23.2% of the country's foreign trade exports; It achieved a trade surplus of 478.51 billion US dollars, up 16.6 percent year on year, accounting for 58.1 percent of the country's trade surplus in goods. Machinery industry total foreign trade, exports, trade surplus scale have reached a record high.
