The 10th China International Electromechanical Industry Expo (hereinafter referred to as the Machinery Expo) came to a close in Wuhan. Judging from the statistics of the organizing committee of this year's exhibition, the on-site transaction volume of this year's Fair is only 330 million yuan, which is close to 70% of the transaction volume of more than 1 billion yuan last year.
At the scene of the machine fair, some companies felt that the status quo of the electromechanical industry was like the weather in the early autumn, and there was still a chill in the slow recovery.
Only eight of the 500 exhibiting companies realized on-site transactions
It is understood that as a basic industry of the national economy, the electromechanical industry covers machinery, automobiles, electronics, weapons, ships, light industrial machinery, textile machinery and other systems, accounting for the first time in China's foreign trade for 14 consecutive years, until last year, mechanical and electrical products have It accounts for 57.5% of China's total foreign trade.
The 10th Machine Expo has set up six professional exhibition areas, including machine tools and tools, industrial control and automation, general machinery, energy conservation and environmental protection, electric power and electric, automobile and engineering machinery (square). The exhibition area is 30,000 square meters. 500 companies, including 200 of the world's top 500 enterprises and international and domestic well-known enterprises and industry leaders.
According to the figures provided by the Organizing Committee of the Machinery Expo, in the four days from September 23 to 27, the on-site transaction volume of the exhibitors of this year's China Machinery Expo was only 330 million yuan, of which the machine tool tool exhibition area was RMB 260 million. The industrial automation automation exhibition area was RMB 0.7 billion. The only companies that realize on-the-spot trading are Zhongji Electromechanical, Hanjiang Electromechanical, and Taiwan Lichi.
In the reporter's interviews with exhibitors, “business volume shrinksâ€, “profit decline†and “exports have not fully recovered†are common conditions of most manufacturers.
The person in charge of Hanchuan Machine Tool Group Co., Ltd. said with conviction that before the financial crisis, the company’s export volume could reach 30 million yuan a year, but this year it was less than 10 million yuan. At present, China's equipment manufacturing industry is shrinking, and Hanchuan machine tools are estimated to take two to three years to recover.
Yi Ertuo, a Sino-foreign joint venture company, is mainly export-oriented. The person in charge at the site said that compared with the pre-crisis business volume, the profit fell by 30%, but the profit was also profitable.
The person in charge of the Guangdong Zhaoqing Fangda Pneumatic Co., Ltd. said that the company suffered a big shock in the financial crisis last year. The current operating situation is still far behind the financial crisis.
Exports fell for ten consecutive months
Statistics from the Ministry of Commerce show that from January to August this year, the country's total foreign trade reached 1,338.66 billion US dollars, still down 22.4% year-on-year. Among them, the export of mechanical and electrical products was 427.85 billion US dollars, down 20.6% year-on-year.
Wuhan, the industrial town of the 9th China Machinery Expo, has been successfully held. The export of mechanical and electrical products is a microcosm of the current situation. According to the introduction of the Wuhan Municipal Bureau of Commerce, due to the financial crisis, as of this month, Wuhan’s exports of mechanical and electrical products dropped by 23% this year, showing a continuous decline for ten months, and it has not yet bottomed out. The main reason is that ships and steels, which accounted for a relatively large proportion of exports, have weaker external demand, and cars and monitors have also been hit hard.
However, emerging SMEs in Wuhan Optics Valley have performed well. Qi Qiwen, director of the Policy and Regulation Division of the Wuhan Municipal Bureau of Commerce, said that due to the strong innovation capability and small scale, these enterprises have strong anti-risk ability in the face of the financial crisis. For example, Huagong Technology's profit this year has achieved a 150% increase.
Highlights in crisis
In an interview, the reporter found that despite the overall weakening of domestic mechanical and electrical products exports, there are still some technology-intensive enterprises in the machine fair to go against the trend, and the export volume has gradually increased since the first half of this year.
The worm and gear reducer produced by Hangzhou Jiepai Holdings Co., Ltd. ranks among the best in the domestic industry. Although many companies in the same industry closed down in the second half of last year, this year's business was not greatly affected, but the export sales increased slightly. This year, affected by the national macroeconomic environment, especially in rural areas, demand and the power industry have driven orders. Since May this year, orders have gradually increased, and the overall volume of business has increased by 30% to 40%.
Xu Hao, manager of the marketing center of the company's marketing center, said that the secret of the company lies in the technical cost, low cost and guaranteed. Many domestic customers who have purchased imported products are now looking for their company, so the business volume is not decreasing. .
Established in 2002, Shanghai Younsite Compressor Co., Ltd. Wuhan Branch's overall business volume decreased by 50% last year, and has recovered 80% this year.
Qi Qiwen said that in the crisis, the key to self-rescue in enterprises is to practice internal strength, actively carry out technological upgrading, and lead the formation of overall synergy with leading enterprises. For example, Wuhan Iron and Steel, a major exporter of mechanical and electrical products in Wuhan, needs to further extend the steel industry chain. In addition, the method of promoting the export of electromechanical enterprises also includes exploring emerging markets such as Southeast Asia, Africa, and South America, and exporting electrical equipment through engineering contracting.
At the scene of the machine fair, some companies felt that the status quo of the electromechanical industry was like the weather in the early autumn, and there was still a chill in the slow recovery.
Only eight of the 500 exhibiting companies realized on-site transactions
It is understood that as a basic industry of the national economy, the electromechanical industry covers machinery, automobiles, electronics, weapons, ships, light industrial machinery, textile machinery and other systems, accounting for the first time in China's foreign trade for 14 consecutive years, until last year, mechanical and electrical products have It accounts for 57.5% of China's total foreign trade.
The 10th Machine Expo has set up six professional exhibition areas, including machine tools and tools, industrial control and automation, general machinery, energy conservation and environmental protection, electric power and electric, automobile and engineering machinery (square). The exhibition area is 30,000 square meters. 500 companies, including 200 of the world's top 500 enterprises and international and domestic well-known enterprises and industry leaders.
According to the figures provided by the Organizing Committee of the Machinery Expo, in the four days from September 23 to 27, the on-site transaction volume of the exhibitors of this year's China Machinery Expo was only 330 million yuan, of which the machine tool tool exhibition area was RMB 260 million. The industrial automation automation exhibition area was RMB 0.7 billion. The only companies that realize on-the-spot trading are Zhongji Electromechanical, Hanjiang Electromechanical, and Taiwan Lichi.
In the reporter's interviews with exhibitors, “business volume shrinksâ€, “profit decline†and “exports have not fully recovered†are common conditions of most manufacturers.
The person in charge of Hanchuan Machine Tool Group Co., Ltd. said with conviction that before the financial crisis, the company’s export volume could reach 30 million yuan a year, but this year it was less than 10 million yuan. At present, China's equipment manufacturing industry is shrinking, and Hanchuan machine tools are estimated to take two to three years to recover.
Yi Ertuo, a Sino-foreign joint venture company, is mainly export-oriented. The person in charge at the site said that compared with the pre-crisis business volume, the profit fell by 30%, but the profit was also profitable.
The person in charge of the Guangdong Zhaoqing Fangda Pneumatic Co., Ltd. said that the company suffered a big shock in the financial crisis last year. The current operating situation is still far behind the financial crisis.
Exports fell for ten consecutive months
Statistics from the Ministry of Commerce show that from January to August this year, the country's total foreign trade reached 1,338.66 billion US dollars, still down 22.4% year-on-year. Among them, the export of mechanical and electrical products was 427.85 billion US dollars, down 20.6% year-on-year.
Wuhan, the industrial town of the 9th China Machinery Expo, has been successfully held. The export of mechanical and electrical products is a microcosm of the current situation. According to the introduction of the Wuhan Municipal Bureau of Commerce, due to the financial crisis, as of this month, Wuhan’s exports of mechanical and electrical products dropped by 23% this year, showing a continuous decline for ten months, and it has not yet bottomed out. The main reason is that ships and steels, which accounted for a relatively large proportion of exports, have weaker external demand, and cars and monitors have also been hit hard.
However, emerging SMEs in Wuhan Optics Valley have performed well. Qi Qiwen, director of the Policy and Regulation Division of the Wuhan Municipal Bureau of Commerce, said that due to the strong innovation capability and small scale, these enterprises have strong anti-risk ability in the face of the financial crisis. For example, Huagong Technology's profit this year has achieved a 150% increase.
Highlights in crisis
In an interview, the reporter found that despite the overall weakening of domestic mechanical and electrical products exports, there are still some technology-intensive enterprises in the machine fair to go against the trend, and the export volume has gradually increased since the first half of this year.
The worm and gear reducer produced by Hangzhou Jiepai Holdings Co., Ltd. ranks among the best in the domestic industry. Although many companies in the same industry closed down in the second half of last year, this year's business was not greatly affected, but the export sales increased slightly. This year, affected by the national macroeconomic environment, especially in rural areas, demand and the power industry have driven orders. Since May this year, orders have gradually increased, and the overall volume of business has increased by 30% to 40%.
Xu Hao, manager of the marketing center of the company's marketing center, said that the secret of the company lies in the technical cost, low cost and guaranteed. Many domestic customers who have purchased imported products are now looking for their company, so the business volume is not decreasing. .
Established in 2002, Shanghai Younsite Compressor Co., Ltd. Wuhan Branch's overall business volume decreased by 50% last year, and has recovered 80% this year.
Qi Qiwen said that in the crisis, the key to self-rescue in enterprises is to practice internal strength, actively carry out technological upgrading, and lead the formation of overall synergy with leading enterprises. For example, Wuhan Iron and Steel, a major exporter of mechanical and electrical products in Wuhan, needs to further extend the steel industry chain. In addition, the method of promoting the export of electromechanical enterprises also includes exploring emerging markets such as Southeast Asia, Africa, and South America, and exporting electrical equipment through engineering contracting.
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