China's equipment manufacturing industry will win multiple global championships in the future
Yang Shuanchang, Director of the Major Technical Equipment Division of the Equipment Industry Division of the Ministry of Industry and Information Technology, publicly stated that one strategy of the equipment manufacturing industry during the “Twelfth Five-Year Plan†period is “adjustment of transformation, innovation and upgradingâ€, and one goal is to “promote the equipment manufacturing industry. Big change."
Some research institutions expect that China will have several equipment manufacturing industries become new global champions by 2020. In the next 15 years, China's power equipment, power transmission equipment, machine tools, construction machinery, heavy trucks, and shipbuilding industries will become world champions, and aerospace, railway equipment, etc. will also be significantly improved, entering the world's top three.
In an interview with a reporter from the "China Sankei Shimbun", Jinyuan Securities' machinery industry analyst said that construction machinery is going global. Domestic demand will remain the hot spot of the industry in the next 5 to 10 years. During the 11th five-year period, the growth of construction machinery consumption will remain at about 15%. Macro-control will enable some companies that already have considerable international competitiveness to accelerate the development of the international market. Looking forward to 2020, Chinese products can occupy 30% of the world’s share and become the “biggest†in this field.
Taking railway equipment as an example, the railway investment in the 11th and 5th Five-Year Plan will be 1,250 billion yuan, and the dynamic investment will exceed 2 trillion yuan. While realizing leap-forward development of the industry, it will also promote the leap in the growth of the railway equipment industry, adding only vehicles. Up to 110,000 vehicles, the demand for vehicles during the 11th Five-Year Plan will exceed 200,000. At the same time, 50% of the electrified railway target in 2020 will bring new impetus to electrical equipment. Relying solely on domestic demand, by 2020 Chinese companies will become a pivotal role in the world of railway equipment.
"Aerospace will have explosive growth." According to industry analysis, as the most technologically advanced equipment manufacturing industry in China, the aerospace industry will achieve key breakthroughs in the promotion of national defense and economic development. The satellite sector is the most noteworthy. The launch of the 100-satellite project during the fifth period will allow the industry to have explosive growth; China’s self-developed military and civilian aircraft, including transport aircraft, passenger aircraft, and trainers, will receive huge orders in the next decade. International subcontracting is Another engine for the development of the aviation industry will enter the top three in the world in some areas by 2020.
In addition, industry research organizations expect that the ship will become a global champion within 10 years. By giving full play to cost advantages, improving processes, and improving supply capabilities, China Shipbuilding (60.39, 3.10, 5.41%) is expected to exceed 30 million dwt in 2015 and become the world's largest.
Machine growth is strong. As the working machine of the equipment industry, the sales revenue for the five years since 2000 has increased by a compound 28%. The huge demand for automobiles, military and aerospace is the main reason. Product upgrading and replacement are the icing on the cake. Chinese machine tool companies have already begun international acquisitions. Although the majority of high-end CNC machine tools currently rely on imports, the transfer to China has started. Research institutions expect that the compound annual growth rate of sales revenue in the next five years can still reach more than 15%. By 2020, the output value of China's machine tool industry will rank at 20% of the world's total, ranking first in the world.
Power equipment integrates with global demand. Relying on the rapid growth of the domestic market from 2002, China's power equipment industry has become the world's largest production. The domestic market will remain stable in the future, while foreign markets, especially developing countries, will provide new markets. With the accumulation of Chinese product technology and international experience, China’s power industry output is expected to account for 66% of the world’s total by 2020. Continue to maintain the status of global champions.
Ministry of Industry and Information Technology, Director of Planning, Mo Xin believes that the development of high-end manufacturing, China can take the following measures:
The first is to focus on enhancing the independent innovation capability of high-end manufacturing.
The second is to speed up the cultivation of large enterprises and large corporations with international competitiveness. The development of high-end manufacturing industries requires a large number of large enterprises with independent intellectual property rights and well-known brands and strong international competitiveness to provide basic support. It is necessary to combine market orientation with government promotion to improve the quality and efficiency of the enterprise, and encourage associated enterprises to reorganize and promote integrated operations. Encourage advantageous companies to carry out integration of resources and value chains on a global scale and guide enterprises to implement brand strategies.
The third is to actively build an international leading industrial base and industrial cluster. Practice shows that industrial accumulation can strengthen industrial division of labor, reduce innovation costs, and optimize the allocation of production factors, which is an important way to increase industrial competitiveness. In the development process of China's manufacturing industry, we must concentrate on the development of a number of industrial bases and industrial clusters with advanced international standards. We must actively guide and promote related industries to industrial parks in accordance with the principles of reasonable layout, distinctive features, intensive land use, and ecological environmental protection. Focus on and strengthen the construction of industrial clusters linked by industrial chains.
The fourth is to focus on the development of strategic emerging industries. To speed up scientific and technological breakthroughs in the fields of microelectronics and optoelectronic devices and devices, new functional materials, high-performance structural materials, nanomaterials, and devices, and form a world-class new material and smart green manufacturing system as soon as possible.
Some research institutions expect that China will have several equipment manufacturing industries become new global champions by 2020. In the next 15 years, China's power equipment, power transmission equipment, machine tools, construction machinery, heavy trucks, and shipbuilding industries will become world champions, and aerospace, railway equipment, etc. will also be significantly improved, entering the world's top three.
In an interview with a reporter from the "China Sankei Shimbun", Jinyuan Securities' machinery industry analyst said that construction machinery is going global. Domestic demand will remain the hot spot of the industry in the next 5 to 10 years. During the 11th five-year period, the growth of construction machinery consumption will remain at about 15%. Macro-control will enable some companies that already have considerable international competitiveness to accelerate the development of the international market. Looking forward to 2020, Chinese products can occupy 30% of the world’s share and become the “biggest†in this field.
Taking railway equipment as an example, the railway investment in the 11th and 5th Five-Year Plan will be 1,250 billion yuan, and the dynamic investment will exceed 2 trillion yuan. While realizing leap-forward development of the industry, it will also promote the leap in the growth of the railway equipment industry, adding only vehicles. Up to 110,000 vehicles, the demand for vehicles during the 11th Five-Year Plan will exceed 200,000. At the same time, 50% of the electrified railway target in 2020 will bring new impetus to electrical equipment. Relying solely on domestic demand, by 2020 Chinese companies will become a pivotal role in the world of railway equipment.
"Aerospace will have explosive growth." According to industry analysis, as the most technologically advanced equipment manufacturing industry in China, the aerospace industry will achieve key breakthroughs in the promotion of national defense and economic development. The satellite sector is the most noteworthy. The launch of the 100-satellite project during the fifth period will allow the industry to have explosive growth; China’s self-developed military and civilian aircraft, including transport aircraft, passenger aircraft, and trainers, will receive huge orders in the next decade. International subcontracting is Another engine for the development of the aviation industry will enter the top three in the world in some areas by 2020.
In addition, industry research organizations expect that the ship will become a global champion within 10 years. By giving full play to cost advantages, improving processes, and improving supply capabilities, China Shipbuilding (60.39, 3.10, 5.41%) is expected to exceed 30 million dwt in 2015 and become the world's largest.
Machine growth is strong. As the working machine of the equipment industry, the sales revenue for the five years since 2000 has increased by a compound 28%. The huge demand for automobiles, military and aerospace is the main reason. Product upgrading and replacement are the icing on the cake. Chinese machine tool companies have already begun international acquisitions. Although the majority of high-end CNC machine tools currently rely on imports, the transfer to China has started. Research institutions expect that the compound annual growth rate of sales revenue in the next five years can still reach more than 15%. By 2020, the output value of China's machine tool industry will rank at 20% of the world's total, ranking first in the world.
Power equipment integrates with global demand. Relying on the rapid growth of the domestic market from 2002, China's power equipment industry has become the world's largest production. The domestic market will remain stable in the future, while foreign markets, especially developing countries, will provide new markets. With the accumulation of Chinese product technology and international experience, China’s power industry output is expected to account for 66% of the world’s total by 2020. Continue to maintain the status of global champions.
Ministry of Industry and Information Technology, Director of Planning, Mo Xin believes that the development of high-end manufacturing, China can take the following measures:
The first is to focus on enhancing the independent innovation capability of high-end manufacturing.
The second is to speed up the cultivation of large enterprises and large corporations with international competitiveness. The development of high-end manufacturing industries requires a large number of large enterprises with independent intellectual property rights and well-known brands and strong international competitiveness to provide basic support. It is necessary to combine market orientation with government promotion to improve the quality and efficiency of the enterprise, and encourage associated enterprises to reorganize and promote integrated operations. Encourage advantageous companies to carry out integration of resources and value chains on a global scale and guide enterprises to implement brand strategies.
The third is to actively build an international leading industrial base and industrial cluster. Practice shows that industrial accumulation can strengthen industrial division of labor, reduce innovation costs, and optimize the allocation of production factors, which is an important way to increase industrial competitiveness. In the development process of China's manufacturing industry, we must concentrate on the development of a number of industrial bases and industrial clusters with advanced international standards. We must actively guide and promote related industries to industrial parks in accordance with the principles of reasonable layout, distinctive features, intensive land use, and ecological environmental protection. Focus on and strengthen the construction of industrial clusters linked by industrial chains.
The fourth is to focus on the development of strategic emerging industries. To speed up scientific and technological breakthroughs in the fields of microelectronics and optoelectronic devices and devices, new functional materials, high-performance structural materials, nanomaterials, and devices, and form a world-class new material and smart green manufacturing system as soon as possible.
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