Recently, the electrical equipment industry of major economic indicators improved compared with the beginning of this year, pick up signs of beginning to achieve. The industry believes that, although the situation is fairly good, but the whole industry a loss of increased profit margin continues to decline, the future situation is not optimistic.
Electrical Equipment Industry Association, according to the latest statistics: This year, a quarter of electrical industry, the growth rate over the previous two months were increased by 1 percentage point. 1 ~ 3 months to complete electrical equipment industry in total industrial output value reached 533.47 billion yuan, an increase of 6.37%, to achieve industrial sales output value reached 510.019 billion yuan, an increase of 5.26%.
Statistics show that 1 in February of this year, electrical industry, such indicators as industrial output growth rate fell substantially, new products, output growth is declining and export delivery value of negative growth year on year, import and export volume plummeted. Although overall, the current electrical industry, pick up signs of beginning to bear, but a loss of the whole industry continues to expand, business losses increasing industrywide profit margins decline, especially troubled by a variety of unfavorable factors are continuing.
Based on analysis of the situation is still not optimistic about the future of the industry.
Extraordinary performance of key projects
Electrical equipment industry brings together power generation, transmission, distribution, electrical equipment and electrical equipment manufacturing, a series of important industries are the main pillars of national economy, the equipment manufacturing industry is one industry for many years maintained a good development and the promotion of Machinery Industry play a positive role. Statistics show that industrial output value last year, electrical industry, machinery industry reached 27.5%.
In recent years, China’s major engineering projects, the electrical equipment industry has played an important role, especially in the face of the Wenchuan earthquake disaster in Sichuan, the industry key enterprises Dongfeng company overcome the enormous grief quickly stood up from the ruins, only the just a few months time so severely damaged in the earthquake of wind power generation equipment production capacity has reached the level before the earthquake.
Meanwhile, freezing rain and snow in the south of serious disasters, more than a dozen provinces, municipalities and power transmission line towers dumping, damaged severely, in order to meet the emergency repair of damaged facilities, electrical production employees worked overtime to provide the fastest speed a highquality products for the rapid recovery of damaged lines and make a contribution.
In the construction of Olympic venues, many enterprises provide an important venue distribution facilities and equipment, these devices hold the process equipment in the Olympic Games has been tested, showing excellent performance and reliable quality levels and to protect the Olympic Games success.
Electrical industry’s contribution to China’s aerospace industry also praiseworthy. Shenzhou VII manned spacecraft into space and astronauts walk in space so that China’s success inspired the world to marvel. Many of the aerospace engineering technology and equipment are provided by domestic electrical production enterprises, including the ground facilities, measurement and control systems, launch vehicles, as well as the spacecraft electrical installations and equipment.
Significantly improve the scale of strength
In recent years, China’s electrical industry, industries have been expanding significantly improve overall strength. Last year, the industry realized an industrial output value, industrial sales output value, as well as the size of main business income and other economic aggregates have been breakthroughs “2 trillion yuan,” the steps, and close to the “2.5 trillion yuan,” a new high point. Following the annual output of power generating equipment in 2007 and again after more than 130 million kilowatts to reach 133 million kilowatts, becoming the world’s power generation equipment manufacturer in the history of a miracle.
In the meantime, both the electrical equipment industry capacity, technical level, or the product quality and reliability of both a qualitative leap, the industry’s international competitiveness greatly enhanced.
In order to power generation equipment manufacturing, for example. At present, the unit capacity has been a big step, largescale unit has entered the ranks of the world’s advanced. Achieve not only from a small unit to 300,000 kilowatts, 60 million KW, the transition, and 600,000 kilowatts and above, largecapacity generating units are becoming the main models, in particular, of 70 megawatt hydroelectric units and one million kilowatts thermal power unit also has formed a batch capacity. From a technical level, the current thermal power devices from subcritical parameters to the supercritical, ultracritical parameters of the upgrade; hydropower equipment has been developed a worldlevel and independent intellectual property rights of the Three Gorges power station turbine 10 meters in diameter and application of the big wheel All aircooled technology, 700,000 kilowatts hydro, water, electricity equipment, the level of production technology has entered the world advanced level.
Particularly encouraging to note that the electrical equipment industry has developed a worldclass hightech new products are emerging. To power transmission equipment, for example, China has successfully mastered the exchange of special highvoltage 750 kV, ?500 kV UHV DC power transmission design technology and some of its key equipment manufacturing technology, and 1000 kV AC, ?800 kV DC Special highvoltage power transmission design and manufacturing technology breakthroughs, the world’s first 1000 kV AC and ?800 kV UHV DC power transmission has been put into operation.
There are constraints
The rapid development of electrical industry in the face of adverse factors are still troubled. Since the third quarter of last year, the international financial crisis on the impact of China’s electrical industry, is continuing.
According to the survey, this year, product sales to exportoriented exportoriented enterprises generally have been a very big impact, a significant reduction in orders, following its impact is still increasing since last year. The first is mainly reflected reduced orders, corporate sales atrophy; 2 because of the euro, the dollar exchange rate changes is too large, the trend is difficult to predict, companies can not rush orders, resulting in import and export business is greatly affected.
According to all products of export products accounted for more than 90% of the power tools industry, reflected in production and operation since the end of last year, and export situation was alarming, many companies fell by more than 35%, some enterprises have even greater decline. According to common lowvoltage electrical industry, reflected by the European, American and Japanese economic downturn and the appreciation of yuan depreciation of the euro and other affected companies export business has also been significantly affected. In addition, small and medium sized motors, fractional horsepower motor, micro motor and wire and cable and other industries have reflected the global financial turmoil is still a tremendous shock to electrical products export business.
The export tax rebate on exports of electrical products a significant impact on business. Raw materials, fuel prices spike to the healthy development of enterprises and industries is extremely unfavorable, and because the impact of the export tax rebate policy, while also lowering some of the international competitiveness of electrical products.
Such as power tools industry, since the first half of 2007 state departments of electric machine tools export tax rebate rate from 17% a significant reduction of 9%, the electric tool export machine has been a great influence on exports for 12 consecutive years significant increase in the number of the situation suffered a serious setback. In addition to foreigninvested enterprises, domestic electric tools business volume of exports that year actually decreased by nearly 10%. Machine in the first half last year, export volume reduced 14.05 percent year on year, so the economic benefits of electric tools industry have fallen sharply, nearly 50% of the enterprises are losing money, and even the largest enterprises in Jiangsu Power Tools Electric Tools Group Co., Ltd. is also one in nearly 15 years for the first time a loss.
Due to rising raw materials, appreciation of the yuan, labor costs increased, as well as international nontechnical barriers to trade factors, leading to power tools a substantial increase in the cost of export enterprises, international competitiveness has slipped further in the international market its share of further reduced.
According to a survey by the export tax rebate rate dropped significantly mainly affect the domesticfunded enterprises, that is commonly referred to as “national electric tools manufacturing”, while for foreignfunded enterprises were basically no effect or little effect. Because many of which are foreignfunded enterprises electric tools built in the export processing
