This is the judgement made by experts of the China Machinery General Components Industry Association on the general trend of China's general machinery parts industry.
Opportunity is coming
Experts believe that the mechanical transmission and parts industry as the basis of the entire machinery industry, its development will inevitably promote the improvement of the host level, and the rapid development of the host industry of automobiles, construction machinery, construction machinery and other industries in recent years, has also pulled the mechanical universal parts The rapid growth of the industry. At present, China's output of gears, chains, sprocket, solids, powder metallurgy and other products has ranked first in the world, and some still occupy a certain share in the international market. Moreover, due to the adjustment of the world economic structure, China has gradually become a manufacturing base for labour and raw material-intensive products. Most of the mechanical parts belong to such products, naturally attracting foreign buyers to purchase, and foreign manufacturers in China. The pace of investing in the establishment of parts and components companies is also accelerating, with most of their products being exported and the other being sold domestically. With the further integration of domestic and foreign markets and the advent of global procurement of spare parts, China's machinery parts and components industry is ushering in a new opportunity for development. This is the reason why experts are optimistic about the development prospects of China's general machinery parts industry.
Upgrade grade
In recent years, as companies have expanded their efforts to develop overseas markets, China's machinery parts and components have been rising year by year. For example, the chain exits are characterized by “widespread, rapid increase, and rapidâ€, and the products have been sold to 80 countries and regions such as the United States, Japan, Belgium, Germany and Canada. Exports of sturdy parts also hit record highs, reaching 574 million U.S. dollars in 2002, 803 million U.S. dollars in 2003, and 1.31 billion U.S. dollars in 2004.
Experts believe that the international procurement of mechanical parts has become a trend. China has relatively cheap labor and raw material resources and will inevitably become an international procurement target. This will provide opportunities for China's mechanical parts and components to occupy larger overseas markets in the next step. However, because most of our export products are of low grade and low technical content, the amount of foreign exchange is not high, despite the large volume of exports. The technical content and quality of export products need to be further improved.
At the same time, the phenomenon that the import growth rate of mechanical parts and components is faster than that of export growth in recent years deserves attention. For example, in 2004, the gear industry exported 45.956 million U.S. dollars and imported 19.119 million U.S. dollars, and imports far exceeded exports. This is because China is not only a big country in the production and manufacture of general-purpose parts for machinery, but also a big consumer country. Many products with high technological levels cannot be manufactured in China and rely on imports. Such as the use of automatic transmissions for cars, the price is expensive, all have to be imported, and there are similar cases for solid parts for automobiles. Therefore, adjusting the product structure and improving product quality and level are still the highlight of the industry.
Increase technological transformation
According to reports, in order to take the initiative in a new round of development, many mechanical parts and components companies have stepped up their technical innovations, have purchased new equipment, adopted new processes and materials, and improved the level of information management. Make the overall technical level of the industry to a new level. For example, the gear industry imports an average of more than 100 million U.S. dollars in gear processing machinery each year. The basic construction and technological transformation of chain enterprises have shifted from the expansion of quantity to the improvement of quality. In the past few years, the general SMEs began to pay attention to the transformation and rejuvenation of old equipment and the investment in advanced equipment. Large and medium-sized backbone enterprises in the technical reform on the one hand according to their actual needs to make up for vacancies, on the other hand, on the basis of summing up experience and bold innovation. The total investment in technological transformation of the entire industry exceeds 300 million yuan each year.
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