In the first half of this year, demand in sectors such as petrochemicals, electric power, metallurgy, and urban infrastructure continued to grow rapidly, driving high-speed development in the general machinery industry.

According to statistics from the National Bureau of Statistics on 3449 enterprises above designated size in the national general machinery industry, by the end of 6, the total assets of the industry reached 1460 billion yuan, a year-on-year increase of 18.4%; the total industrial output value was 743.34 billion yuan, a year-on-year increase of 28.81%, of which the output value of new products was 102.8 billion yuan, a year-on-year increase of 25.5%; the industrial sales output value was 718.69 billion yuan, a year-on-year increase of 29.19%, of which the delivery value was 123.1 billion yuan, a year-on-year increase of 41.2%; the industrial value-added was 219.6 billion yuan, a year-on-year increase of 35.75%; product sales revenue was 704.6 billion yuan, a year-on-year increase of 28.71%; total profit was 42 billion yuan, a year-on-year increase of 27.81%.

Product exports continue to grow at a high speed.

Judging from the statistical data for the first half of the year, the industry's delivery value increased by more than 40% compared to the same period last year, and the product export rate was 17.13%, an increase of 1.46 percentage points compared to the same period last year. Exports of products by key industry enterprises have become larger in scale this year; for example, the air separation equipment exported by Hangyang this year has reached the 4 ten-thousand class.

According to Customs statistics, the cumulative total import and export volume from 1 to 6 this year was 61.57 billion US dollars, a year-on-year increase of 41.46%; the total import volume was 32.97 billion US dollars, a year-on-year increase of 31.64%; cumulative exports were 28.60 billion US dollars, a year-on-year increase of 54.75%; the trade deficit was 4.37 billion US dollars, a reduction of 2.16 billion US dollars compared to the same period last year.

In terms of imported equipment, these are mainly high-tech, high-value-added products, often supporting key national engineering projects. The equipment required for these projects has a high technical content, and some equipment cannot be produced by domestic enterprises. Some equipment has been successfully developed domestically and possesses independent production capabilities, but projects are not awarded due to lack of performance records. For example, for boiler feed pumps supporting 60 ten-thousand kW supercritical thermal power projects, tasks awarded to domestic enterprises are limited to casings, with rotors required to be imported; 100 ten-thousand kW ultra-supercritical thermal power units and boiler feed pumps are also entirely imported. In these projects, Shenyang Pump, Shanghai Electric Power Repair and Manufacturing Plant, and Shanghai KSB all have production capabilities but were excluded due to lack of performance records.