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Market prospects of compound fertilizer equipment manufacturing industry
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Market prospects of compound fertilizer equipment manufacturing industry
Release time:2023-11-28 Visits:102

    Economic transformation and upgrading have always been a challenge in the process of modernization, and it is also the most urgent issue facing China today. With China's macroeconomic entering a new stage of medium to high-speed growth, the Chinese economy is undergoing a comprehensive and profound structural transformation. During the 13th Five Year Plan period, there will be a shift from an industrial driven economy to a service-oriented economy, from a traditional industrial driven economy to an innovation driven economy, and from an investment driven economy to a consumption driven economy. This will become the basic connotation and main feature of China's economic transformation and transformation period.


    The mechanical equipment industry accounts for a considerable proportion in the national economy and is a fundamental strategic industry that provides equipment for various industries. It is a concentrated reflection of the country's comprehensive strength and core competitiveness, and its level determines the modernization level of China's industry. At present, the national economy has entered a critical period of transformation and development, and the mechanical equipment industry is also facing enormous pressure of transformation and upgrading.


    After decades of rapid development, China has become the world's second-largest economy and the largest manufacturing country. However, the country's economic development model is extensive, and its economic development is further strengthened by the constraints of resources and environment. The problem of being large but not strong is still prominent, with low industrial concentration, unreasonable layout, lack of core technology, and a wide range of overcapacity, large quantity, and deep impact in some industries, which poses great potential risks. At the same time, the international and domestic environment for China's industrial development has undergone profound changes. Since entering the 12th Five Year Plan, the operational difficulties of the mechanical industry have significantly increased, and the pressure to transform the growth mode is also increasing. Looking at the domestic and international industrial markets, achieving a transformation from large to strong and accelerating the transformation and upgrading of the mechanical industry will be the core of China's future development of the mechanical industry. Under the influence of market pressure mechanism, the structural adjustment and transformation upgrading of China's mechanical equipment industry are gradually accelerating.
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