Since the beginning of this year, the continued weakness in internal and external markets has exposed some of the hidden problems in the rapid growth of the manufacturing industry. Taking the machinery industry as an example, the six major economic indicators such as industrial added value, total output value, realized profits, foreign exchange earned through exports, product output, and fixed asset investment all showed a downward trend. At the same time, the industrial situation has become more fragmented and economic operation has become more difficult. Big.

According to the data, the machinery industry in the first nine months of the year increased by 8.6% year-on-year, 1.3% lower than the national average growth rate of the industry, and the machinery industry ranked the 10th in terms of value-added growth in the 12 industrial sectors.

"One of the reasons for the current situation is that some manufacturing industries invest too much and cause excess capacity." At the "2012 National Machinery Industry Economic Situation Report" held here, the head of the relevant department of the Ministry of Industry and Information Technology analyzed. He quoted data and pointed out that the iron and steel industry, which is currently facing a severe situation, has rapidly expanded its production capacity by about 50% in the past few years.

“The excessive expansion of production capacity is the greatest danger.” Talking about the severe situation of the current machinery industry, Cai Weici, executive vice president of the China Federation of Machinery Industry, pointedly pointed out that excessive overexpansion was serious and the market environment deteriorated, although total demand increased year by year. However, far from catching up with supply capacity growth, the vicious competition has become increasingly fierce.

According to a sample survey conducted by the China Federation of Machinery Industry (CMA), the accumulated purchases in the first nine months of this year have fallen by 0.35% year-on-year, which is a significant drop from the usual increase of more than 20% in previous years. The demand situation is still in a relatively depressed state."

“Especially in recent years, investment in high-speed growth of construction machinery, power transmission and transformation equipment, wind power equipment, machine tools and other industries, the price war will be difficult to ease.” Cai Weici said, in fact, in addition to the technology has not yet cleared, there is still not a few that can achieve localization. In addition to high-end equipment, most mechanical products are currently facing the oversupply and vicious competition.

In fact, the current contradiction in the machinery industry is not insufficient demand, but the homogenization of production capacity has expanded too quickly. "As long as the supply exceeds demand, the supplier will not have the right to speak. To avoid struggling in the market without the right to speak, we must take the road of "differentiated" competition; only if we can achieve "incapable of talents" in a certain area can we create local areas. "Demand exceeds supply" to obtain a profit rate that is higher than the average level of the industry, said Cai Weici.

What is gratifying is that in the new round of development of the manufacturing industry, some places have already had a profound understanding of "homogeneous competition and overcapacity expansion." In Li Sen's view, industrial development must avoid “follow the trend” and “get trendy”, but to highlight its advantages and characteristics, it must combine the local realities to select industries; he told reporters that Handan already has bearing industries such as ferrules, steel balls, and dust caps. The foundation and industrial chain are relatively complete. Further expansion of the bearing industry and efforts to extend it to the high end of the industry chain will be the only way.