Small And Medium-sized Motor Industry Has A Good Momentum Of Development

- Oct 29, 2018-

Small and medium-sized motor industry has a good momentum of development

Last year, the overall economic performance of the small and medium-sized motor industry was stable, sales revenue grew steadily, and profits of most companies continued to increase. The small and medium-sized motor industry achieved a total industrial output value of 59.82 billion yuan, an increase of 13.8% over the previous year. The total output reached 1966.44 million kilowatts, an increase of 21.098 million kilowatts. The sales revenue was 60.419 billion yuan, an increase of 7.456 billion yuan, an increase of 14.1%. Among the 69 companies, 56 companies increased production, accounting for 81.16% of the total number of enterprises, and 12 companies reduced production, accounting for 17.39% of the total number of enterprises. Sales of 58 companies increased, accounting for 84.06% of the total number of companies. The industry achieved a profit of 3.702 billion yuan last year, an increase of 372 million yuan or 11.2% over the previous year. Last year, the industry exported 3.049 million kilowatts of motor, an increase of 6.776 million kilowatts, an increase of 29.1% over the previous year; the export of motor revenue was about 5.23 billion yuan, an increase of 1.24 billion yuan or 31.2% over the previous year.

According to analysts from Shangpu Consulting Machinery Industry, the economic operation of small and medium-sized motor industry in 2011 was characterized by a narrowing of profit growth in the third quarter and a rebound in the future; exports maintained steady and rapid growth; employee income grew steadily; raw materials The cost fluctuated greatly, the labor cost continued to grow; the liquidity was tight, and the comprehensive economic benefits of the industry declined slightly year-on-year.

From the data in 2011, it can be analyzed: From the perspective of foreign countries, the economic recovery in the United States and Japan was weak in 2012, the European debt crisis continued, the uncertain factors increased significantly, and the world economy will continue to slump for a long period of time. From the domestic point of view, the government implements economic development ideas of stabilizing the economy, adjusting the structure, and controlling inflation, implementing a proactive fiscal policy and a prudent monetary policy, and the domestic economy as a whole maintains a steady growth trend.

According to the "2009-2012 China Small and Medium-sized Motor Industry Market Analysis and Development Prospect Forecast Report" released by Shangpu Consulting, China's small and medium-sized motor industry should speed up the elimination of backward production capacity, vigorously develop high-efficiency energy-saving products, and make full use of national energy-saving products. Huimin's engineering policy opportunities, increase product update efforts, adjust product mix, and focus on national industrial policies to cope with the complex and volatile economic environment and maintain a good momentum of development.


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