China's mechanical infrastructure increased by more than 14% year-on-year

From January to July, the national machinery basic parts industry completed 854.459 billion yuan of industrial output value, an increase of 14.11% year-on-year; completed sales value of 832.968 billion yuan, a cumulative increase of 14.35%. The production and sales rate is 97.48%.

In the month of July, the total industrial output value of China's machinery basic parts industry was 130.415 billion yuan, a year-on-year increase of 13.42%, a negative growth of 11.38%, and a sales value of 127.831 billion yuan, a year-on-year increase of 13.61% and a negative growth of 10.88%. The rate of sales in July was 97.99%, an increase of 0.54 percentage points from the previous month.

In July, the growth rate of the 11 sub-sectors under the mechanical infrastructure industry was slightly different from that of the previous year. The year-on-year growth rate of the mold manufacturing industry reached a maximum of 18.72%, and the fastest growth rate of the fastener manufacturing industry also reached 8.14%. The industrial sales value increased by 18.58% year-on-year to the mold manufacturing industry, and the spring manufacturing industry experienced the lowest growth rate, reaching 6.76%. On the export side, the growth rate of the 11 sub-sectors varies from year-on-year, with the increase in the mold manufacturing industry reaching a large proportion of 22.77%.

From January to July, most of the cumulative product output of the mechanical parts industry increased. Among them, 8.61 year-on-year negative growth of aerodynamic components, while the metal seal industry growth rate reached 88.97%.

In the month of July, most of the 10 main products in the mechanical basic parts industry showed a slight difference from the growth rate of the previous year, among which, the aerodynamic component industry experienced a negative growth of 10.57%, while the metal seals' growth rate was significantly higher than other industries reaching 98.03%.

From January to July, the total value of export delivery of the national machinery basic parts industry was 78.029 billion yuan, a year-on-year increase of 7.81%. Among them, exports of forgings and powder metallurgy products maintained a relatively high growth, with a growth rate of 26.67%; fastener manufacturers still experienced a negative growth of 4.67%.

In July, the export value of China's mechanical basic parts industry was 11.893 billion yuan, a year-on-year increase of 5.13%, a year-on-year increase of -7.21%, and the bearing manufacturing industry experienced a negative growth of 12.57%.