2012 was the year when China's general machinery parts industry "encountered the most severe challenge since the financial crisis" and "the worst economic performance in recent years".

China General Machinery Parts Industry Association recently announced data that last year, the total output value of the general machinery parts industry grew by only 6.4% year-on-year, lower than 12.1% in 2008, setting a new low in recent years. Among them, the two sub-sectors of fasteners and powder metallurgy even experienced negative growth of -1.5% to -2%.

According to data released by China General Machinery Parts Industry Association, the total industrial output value of the general machinery parts industry in 2012 was 323.2 billion yuan, a year-on-year increase of only 6.4%.

According to reports, the total output value of the general machinery parts industry has maintained a double-digit growth rate since 2006. Its year-on-year growth rate in 2007 was 27.6%, the highest value in recent years, while the growth rate between 2009 and 2011 They were 14.8%, 21%, and 21.8%, respectively. In 2008, when the financial crisis broke out, the lowest value in recent years was 12.1%, but the rate still maintained double-digit growth.

The total output value of the machinery general parts industry grew by 6.4% year-on-year last year, even lower than the 12.1% in 2008, which is the first single-digit increase in recent years. 2012 was the worst year for the economy."

It is reported that the four-quarter year-on-year growth rates of the machinery general parts industry last year were 8.6%, 4.2%, 6.8%, and 6.4% respectively.

China General Machinery Parts Industry Association said that the development of the industry in 2012 encountered the most difficult period in recent years. Compared with the outbreak of the global financial crisis in 2008, the problems encountered by industry enterprises were more serious.

Under the complex and sluggish development situation at home and abroad, on the one hand, the capital investment in the development of enterprises has increased significantly; on the other hand, the profits of enterprises have decreased sharply; in addition, fasteners are affected by a large area of international trade protection, resulting in the scope of product exports. A series of intractable problems such as "insufficient orders", "transformation and upgrading", "product optimization", "green manufacturing", "lack of funds", and "labor loss" have been greatly reduced in time and space in 2012. together on the node.

The China General Machinery Parts Industry Association also stated that the output value of gears last year reached 195 billion yuan, a year-on-year increase of 9.5%; the export of gears was also relatively strong, reaching 4.543 billion US dollars, an increase rate of 18.3%; chains, springs and transmission coupling parts three The growth rate of each sub-industry is basically on the order of 8%; however, the two sub-industries of fasteners and powder metallurgy have experienced negative growth, with a year-on-year increase of -1.5 to -2%.

According to the analysis of China General Machinery Parts Industry Association, the two sub-sectors of fasteners and powder metallurgy experienced negative growth, mainly due to insufficient market demand, especially after the fasteners suffered from international anti-dumping, the export sales showed a downward trend.

According to customs statistics, the total import and export value of the machinery general parts industry last year was 28.196 billion US dollars, a year-on-year increase of 2.75%; the import value was 16.663 billion US dollars, a negative growth year-on-year, which was -1.7%; the export value was 11.533 billion US dollars, a year-on-year increase of 1.7%. An increase of 9.94%.

But it is worth noting that the China General Machinery Parts Industry Association believes that the development of the industry has shifted from a high-speed growth stage to a high-quality stable growth period. And "judging from the current situation of forecast and analysis of the economic development in 2013 at home and abroad, it is believed that the industry development in 2013 should be better than that in 2012".