Information released by the China Machinery Industry Federation today shows that in the first half of this year, China's machinery industry was running steadily and progressed, and the transformation to new and improved was accelerated. According to the latest data, in the first half of this year, the value added of enterprises above the scale of China's machinery industry increased by 6.4% year-on-year, higher than the national industry and manufacturing industry by 1 and 0.8 percentage points during the same period. The five major sectors of the national economy mainly involved — the value added of general equipment, special equipment, automobiles, electrical machinery, and instrument manufacturing, all increased by more than 6% year-on-year. Among the 127 major mechanical products monitored, production of 80 products increased year-on-year, with an increase of 63%, showing an overall upward trend. Furthermore, in the first half of this year, enterprises above the scale of the machinery industry in China achieved operating income of 16.1 trillion yuan, an increase of 6.5% over the previous year. By industry, the revenue of all 14 subsectors achieved growth. Among them, the electrical appliances, construction machinery, machine tools, robotics and intelligent manufacturing industries grew by more than 10%.

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