Fastener industry will gradually warm up

In 2013, the entire machinery industry has experienced the most difficult year. Both sales revenue, industrial added value, and profit growth have experienced a significant decline, and the mechanical parts and components industry has experienced a greater decline. This year, as the country adopted a series of macro-control policies and measures, and the domestic and foreign markets have picked up, the situation has begun to improve.

Since the beginning of this year, the machinery industry in China has experienced a slow recovery, moderate growth, and stable development. In the first three quarters, the main income growth rate reached 12.6%, which was a 2.8 percentage point increase over the same period of last year. The profit growth rate was 13.4%, which was a 8.2% increase over the same period of last year.

The total industrial output value of the general parts and components industry in the first three quarters was 232 billion yuan, a year-on-year increase of 5.4%. Although the increase rate was still at a relatively low level, it showed a pick-up trend from quarter to quarter, and all six sub-industries achieved positive growth. The total import and export volume of the industry was US$22.368 billion, an increase of 5.5% year-on-year. The export value of the fastener industry was US$3.592 billion, an increase of 0.67% year-on-year, and the export ton price was US$1,850; the import value was US$2.342 billion, an increase of -20% year-on-year. 0.5%, import tons of $ 11,700. The import-export price ratio is 6.3 times.

In the complex and difficult economic environment, fastener companies are consciously carrying out transformation and upgrading and adjustment of product structure based on their own advantages, adopting new market development methods, and strengthening the endogenous driving force for responding to environmental changes. Most companies have stable business forms, and some The enterprises also rose against the market and showed strong resistance to risks.

Judging from the current form, the machinery industry is expected to continue its momentum of steady development in 2014. The fastener industry is no exception and the business situation will be better than in 2013. However, judging from a period of time in the future, the entire industry will transition from the ultra-high growth rate during the 15th and 11th five-year period to the middle to low-speed development range, and there will be no big ups and downs.

In order to maintain the long-term competitiveness of the fastener industry, we must adhere to the high-end, innovation-driven development strategy, and strive to change the state of high-end deficiencies and low-end excesses that exist for many years. However, high-end and low-end are relatively speaking, and it does not mean that everyone is approaching at the same time. Although objective conditions tend to be high-end, there are markets for high-school, low-end and low-end companies at all times. .