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The Economic Management Research Institute of machinery industry released the prosperity index of China's equipment manufacturing industry

according to the electromechanical home, on November 27, 2020, The "Royal DSM group of China and the Netherlands announced the official establishment of the latest high-performance materials research and development center in the brightlands chemelot campus Park in Sittard Geleen, the Netherlands" compiled by the Institute of economic management of the machinery industry (hereinafter referred to as "the Institute of mechanical economics and management") was officially released in the "China Equipment Manufacturing Development Forum (2020)"

in recent years, the Machinery Management Institute has continuously and dynamically paid attention to the development trend of the equipment manufacturing industry, in order to objectively and accurately describe the operation trajectory of the equipment manufacturing industry, appropriately reflect the hot and cold degree of the equipment manufacturing industry, predict its short-term development trend, and send early warning signals in time before major economic changes or twists, so as to provide guidance for the government to formulate policies and enterprises to carry out investment and management, The "prosperity index of China's equipment manufacturing industry" is hereby released

"prosperity index of China's equipment manufacturing industry" consists of three indexes: consistent composite index, leading composite index and lagging composite index. By observing the dynamic changes of the three indexes, this paper analyzes the current situation and the next trend of the equipment manufacturing industry

the consistent composite index shows that China's equipment manufacturing industry is still running at a low level. Since March 2020, driven by large-scale national investment such as new infrastructure and infrastructure investment for people's livelihood, the prosperity index of the equipment manufacturing industry has rebounded to more than 90, reaching 91.40 in September 2020, indicating that the outlook of the equipment manufacturing industry has entered a new round of short-term rising period, and the economic operation has shown a stable and positive trend

from 2018 to September 2020, the prosperity index of China's equipment manufacturing industry

the leading composite index shows that from 2021, China's equipment manufacturing industry still has a high probability of entering the cycle contraction stage. The leading composite index shows that China's equipment manufacturing industry has entered a new round of short cycle since June 2019, which indicates the stabilization and recovery of the current round of equipment manufacturing boom in advance. However, the leading composite index in September 2020 was 99.75, which is still below the level of 100. According to the trend of the leading composite index, the prosperity index of the equipment manufacturing industry represented by the consistent index has a high probability of entering the cycle contraction stage from 2021 after the early recovery

looking forward to 2021, the strong pulling effect of domestic investment next year will be difficult to sustain, the driving effect of consumption is still uncertain, and foreign trade exports cannot form an effective support against the background of the rebound of the international epidemic; At the same time, structural problems such as insufficient demand and low-end overcapacity faced by the equipment manufacturing industry still exist when the oil delivery valve is slowly opened, and the downward pressure on China's equipment manufacturing industry cannot be ignored. JEC group has published a new book

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prosperity index of China's equipment manufacturing industry

in the long run, today's world is experiencing great changes that have not been seen in a century, a new round of scientific and technological revolution and industrial reform are developing in depth, and the international environment is becoming increasingly complex, with significant increases in instability and uncertainty; However, China has turned to the stage of high-quality development. China's economy has been improving for a long time, with a solid material foundation, rich human resources, broad market space, strong development toughness, and the overall social situation is stable, which brings new opportunities for the structural adjustment, transformation and upgrading of the equipment manufacturing industry

in the future, the machinery Economic Management Institute will successively release the "prosperity index of equipment manufacturing industry by industry", which is welcomed to be jointly released by local governments, enterprises and the machinery Economic Management Institute