A Bellwether of China’s Equipment Manufacturing, A Barometer of China’s Domestic Economic Circulation
——Made in China, Serve the World
China Industrial Exposition (CIE), jointly organized by China Centre for Promotion of SME Development of Ministry of Industry and Information Technology (MIIT) of the People’s Republic of China, China National Machinery Industry Corporation, China National Machinery Industry International Co., Ltd., China National Machine Tool Corp., National Convention & Exhibition Center (Tianjin), China Machinery Industry Information Institute, China Council for the Promotion of International Trade Tianjin Sub-Council, BLUELINE Corporation, is undertaken by China Automotive Industry International Corporation（CAIC）. With the support of China Machinery Industry Federation, Chinese Mechanical Engineering Society, China North Industry Group Corporation Limited, China Heavy Machinery Industry Association and more than 150 famous associations and chambers of commerce, CIE-the comprehensive industrial exhibition, is developed based on China's industrial market, serving national development strategies, including the East-West Economic Belt, Bohai Economic Rim (Beijing-Tianjin-Hebei integration), Northeast China Revitalization, Development of West China, The Rise of Central China, and affecting the whole north China and China Japan ROK FTA.
CIE, based on "Made in China", will be held at China National Convention and Exhibition Center (Tianjin), with a National Major Equipment Area and 13 theme exhibition areas, i.e. Industrial Internet, Intelligent Manufacturing, Industrial Automation and Intelligent Logistics, Metal Cutting, Metal Forming, New Materials, Energy and Industrial Environmental Protection, Printing Machinery, Medical and Epidemic Prevention Equipment, New Energy Vehicles and Intelligent Transportation, Industrial Parts, Industrial Financial Services and Major Technological Innovations and Its Achievements Transformation. During the Expo, some great events and activities shall also be held, including 2022 Promotion Meeting of Integration of Informatization and Industrialization in China Machinery Industry (hosted by MIIT), 2022 Chief Process Engineers’ Conference of Military Industry, Germany Industry 4.0 Exhibition, 2022 China Equipment Manufacturing Industry Development Forum, China Machinery Industry Development Trend Forum, Release Ceremony of 15 Manufacturing Industry White Papers, Report Session on Import and Export Trends by General Administration of Customs, Aerospace Processing Technology Innovation Forum, Germany MAV Automotive Manufacturing Forum, Advanced Manufacturing Technology Forum and Industrial Finance Forum. The scale of the exhibition is expected to exceed 120,000 m2, attracting more than 1,500 domestic and foreign famous exhibitors, and more than 150,000 professional visitors.
The Expo will focus on China's industrial technology, industrial frontier, high-end and key scientific research achievements, new technologies and new products, serving national strategies by building a big platform for China's industrial whole industry chain guided by industry leaders, meanwhile helping exhibitors to deeply expand domestic and international markets and facilitating professional visitors to get one-stop industrial comprehensive solutions, thus becoming the best exhibition platform for Chinese industrial products.
In 2020, the year-on-year growth rate of the added value of machinery industry increased 6%, which recovered 25%, 7.5% and 2.2% respectively compared with the first quarter, first half year and the first three quarters. It is 3.2％ and 2.6％ higher than the annual growth rate of added value of national industry and manufacturing industry, exceeding the expectation at the beginning of the year.
Affected by the COVID-19 pandemic, the production of 120 main products monitored by the machinery industry dropped sharply at the beginning of the year. With the promotion of the resumption of work and production and the recovery of enterprise production, the number of products with increased output has been increasing.
In 2020, the revenue of the machinery industry reached 22.85 trillion yuan, a year-on-year increase of 4.49%, 3.73 percentage points higher than that of the national industry, while the total profit reached 1.46 trillion yuan, a year-on-year increase of 10.4%, 6.29 percentage points higher than that of the national industry.
Among 14 industry divisions, 12 achieved year-on-year revenue growth while 11 had net profit increase in 2020.
In 2020, the total import and export amount of the machinery industry reached US $ 784.7 billion, up 1.54% year on year, among which import amounted to US $317.7 billion, up by 0.88%, and export amounted to 467 billion US dollars, up 1.99%. The trade surplus for the whole year was US $149.4 billion.
The prosperity index of machinery industry is prepared by covering many dimensions including production, investment, foreign trade, economic benefits etc., which comprehensively reflects the operation of the machinery industry. Affected by the COVID-19 pandemic, the machinery industry prosperity index dropped to 70.36 in February, then continued to rise, and returned to the critical value in November. The machinery industry prosperity index was 101.4 in December, reflecting that the machinery industry has recovered to the business prosperity range at the end of the year.