Basic conditions of fastener industry in the first half of the year

In the first half of 2013, economic development at home and abroad was operating at a weaker pace. The general parts and components industry of machinery was affected by the sluggish development of the host equipment industry, and the export of the industry was subject to anti-dumping measures from abroad. Therefore, the overall economic development of the industry was a slow growth trend. Upstream fatigue. The basic analysis of the economic performance of the industry in the first half of the year is as follows.

I. Basic economic data of the industry: In the first half of 2013, the industry's total output value was 155 billion yuan, a year-on-year increase of 2.64%. The industry's six professional developments are unbalanced, among which the professional development of gears is relatively good. Fasteners, chains, springs The professional development of powder metallurgy and transmission couplings is generally in the same level as last year.

From January to June of 2013, the import and export of the industry saw a slow growth. Its total import and export volume was US$14.141 billion, an increase of 1.89% year-on-year. The industry's exports were US$5.794 billion, an increase of 3.16% year-on-year; of which gear products exported Well, it reached US$2.444 billion, which accounted for 42.18% of the total export value of the industry, which was an increase of 8.86% year-on-year; the export of fasteners, which was originally ranked first in the industry, was US$2.305 billion, accounting for 39.7% of the total export value of the industry. The year-on-year rate of negative growth was -0.33%; the chain's exports were 674 million U.S. dollars, accounting for 11.6% of the industry's total exports, a negative growth of -6.27% year-on-year; the spring professional exports in the industry amounted to 150 million U.S. dollars. Although the amount is not large, its year-on-year increase of 17.71%, the momentum is gratifying. The industry's imports amounted to 8.347 billion U.S. dollars, a year-on-year increase of 3.16%. Among them, the import value of gears was 6.203 billion U.S. dollars, which accounted for 74.3% of the industry's total imports, which increased by 2.89% year-on-year; the import value of fasteners was 1.475 billion U.S. dollars. The year-on-year increase was -3.38%. It can be seen that the professional import and export performance of gears in the industry is more prominent and has become a bright spot in the development of the industry.

The above data shows that in the first half of 2013, the industry's economic operation and import and export development showed a slow growth, but it was weak on the upside.

Second, the development of the industry to analyze the economic development of the industry is due to a variety of reasons.

First of all, the shadow from the international financial crisis has enveloped the global environment for economic development, resulting in a global crisis in the economic development. There have been no favorable conditions for strong recovery. Second, the domestic economic development environment is also in a low-speed and powerless situation. The development of the host equipment market supported by general-purpose mechanical parts and components, and the lack of demand for parts and components, has led to a significant reduction in the number of product orders for industrial enterprises. The third is the fastener industry which is a large exporter of the industry. In recent years, it has been affected by the European Union and other related industries. The impact of anti-dumping has led to a reduction in the export market for products with the world's largest production of fasteners. On the other hand, the sharp appreciation of the renminbi has also brought negative impacts on the export of products. Fourth, industry companies are currently facing structural adjustments. In the process of transformation and upgrading of products, this has enabled companies to continue to increase their capital expenditures while also facing a significant increase in the costs of operating their businesses, as well as a significant reduction in corporate profits. In particular, for enterprises in which the industry is dominated by small and medium-sized enterprises, the original capital accumulation is relatively weak, and it also causes the company's cash flow to become tighter, thus causing the company's development to face multiple difficulties.