1、 The export growth rate of the machinery industry has significantly slowed down, while the import growth rate has accelerated. According to customs calculations, from January to October 2008, the import and export volume of the machinery industry continued to maintain a rapid growth momentum, with a total import and export value of 370.466 billion US dollars, an increase of 26.68% compared to the same period in 2007 (according to the scale calculated by the China Machinery Industry Federation). During this period, exports amounted to $204.925 billion, with an increase of
31.24%, a decrease of 8.96 percentage points in growth rate compared to the same period in 2007 (40.2% growth); Imports amounted to 165.54 billion US dollars, an increase of 21.45%, with a growth rate of 2.64 percentage points compared to the same period in 2007 (an increase of 18.81%). The import and export surplus was 39.385 billion US dollars, an increase of 19.549 billion US dollars from the same period in 2007, with a surplus of 19.836 billion US dollars. This change reflected the economic and trade situation both domestically and internationally at that time, presenting new characteristics.
Among the various professions in the mechanical industry, the export growth rate has slowed down, while the import growth rate has accelerated in five professions: petrochemical general machinery, internal combustion engines, engineering machinery, machine tools, and food packaging machinery.
The above situation indicates that the impact of the US financial crisis and the slowdown of the world economy on China's exports is gradually emerging.
2、 The Import and Export Status and Characteristics of Machine Tool Industry
In 2007, the export of all professions increased rapidly, and the import of metal processing machine tools decreased. In 2007, the export of machine tools from all professions continued to maintain a momentum of rapid growth. According to customs calculations, the total import and export volume was 15.987 billion US dollars, an increase of 16.6% compared to 2006 (the same below), during which imports were 11.46 billion US dollars, an increase of 9.72%; Exports amounted to 4.527 billion US dollars, an increase of 38.62%. The import and export trade deficit was 6.933 billion US dollars.
The import and export of metal processing machine tools amounted to 8.723 billion US dollars, an increase of 3.48% compared to 2006. During this period:
Imports amounted to 7.072 billion US dollars, a decrease of 2.3%. Among them, imports of 25400 CNC machine tools amounted to 3.182 billion US dollars, an increase of 14.49%; Processing imported 13800 units, worth 1.725 billion US dollars, an increase of 9.08%. Some products imported at high speed include: gantry machining intermediate, CNC horizontal lathe, CNC milling machine, CNC east-west grinding machine, CNC gear machining machine, CNC bending machine, CNC strip cutting machine, CNC punching machine, machine tool accessories, CNC devices, machine tool components and cutting tools.
Exports amounted to 1.651 billion US dollars, an increase of 40.4%, with high-speed additions. Among them, exports of 13300 CNC machine tools amounted to 373 million US dollars, an increase of 46.86%; Processing 738 intermediate exports, with a value of 52.24 million US dollars, an increase of 68.36%.
In 2007, there were two significant characteristics in the import and export of metal processing machine tools:
Firstly, the import growth rate showed a negative increase for the first time in many years, and coupled with the rapid increase in exports, the annual trade deficit showed a reduction for the first time compared to 2006.
Secondly, the proportion of the import and export amount of CNC machine tools and processing intermediates to the import and export amount of metal processing machine tools has increased, indicating an improvement in the structure of import and export commodities and an advancement in the level of commodities.
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