Statistics of China's Mechanical Basic Parts Industry from January to July this year

With the development in recent years, China has built the world's largest professional production system with complete varieties and high quality fasteners, and has become the world's largest fastener production and export base. The following statistics on China's machinery and components industry data from January to July 2012:

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

Exports. 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 machinery basic parts industry was 11.893 billion yuan, a year-on-year increase of 5.13% and a year-on-year increase of -7.21%.

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