share
 

Machinery sector to see export uptick

0 Comment(s)Print E-mail China Daily, February 15, 2025
Adjust font size:

China's machinery industry is expected to post stable export growth in 2025 despite challenges posed by aggressive tariff policies by the United States and geopolitical tensions in other parts of the world, leaders from the China Machinery Industry Federation (CMIF) said on Friday.

This resilience is backed by the robust industrial chain advantages of domestic manufacturers, commitment to green transformation, and the integration of DeepSeek's artificial intelligence technologies into their products and service networks.

DeepSeek is a two-year-old startup based in Hangzhou, Zhejiang province, that has created open-source large language models at much lower costs than its foreign peers.

The foreign trade growth of China's machinery industry — a key economic indicator — rose 7.5 percent on a yearly basis to $1.17 trillion in 2024, maintaining the $1 trillion mark in foreign trade value for a fourth consecutive year, according to information released by the Beijing-based federation.

China's exports of machinery products, including excavators, electric and fuel-powered vehicles, wind turbine generators and industrial parts, amounted to $869.36 billion last year, an increase of 11 percent year-on-year, accounting for 24.3 percent of the country's total export value.

Speaking at a news conference in Beijing, Chen Bin, CMIF's deputy director of the expert committee, said the United States' primary efforts to curb China's growth are not focused on traditional machinery manufacturing, but rather on the electronic information industry, including sectors such as semiconductors, telecommunications, AI, cloud computing, big data, and cybersecurity.

"While we recognize that exports may face some challenges this year, we remain optimistic. Chinese companies are proactively expanding their presence in emerging markets and increasing research and development investments to enhance product competitiveness," said Chen.

Despite an unexpectedly harsh international trade environment in 2024, he said Chinese manufacturers still achieved a historic breakthrough and that exports of China's machinery products will see stable growth this year, especially in emerging markets and economies participating in the Belt and Road Initiative.

The export value of China's machinery products to countries and regions involved in the BRI grew by 14 percent year-on-year in 2024, accounting for 51.5 percent of the industry's total exports, according to CMIF data.

Meanwhile, Chinese companies' machinery exports to markets of the Association of Southeast Asian Nations, Africa, and Latin America jumped by 17.7 percent, 12.9 percent and 27.1 percent, year-on-year, respectively.

Norsepower Marine Technology (Yancheng) Co Ltd, a manufacturer of ship fittings based in Yancheng, Jiangsu province, plans to export up to 50 marine rotary sails this year, according to information from Nanjing Customs.

These sails will be applied to various oceangoing vessels. It is estimated that they will reduce annual fuel consumption by 5,000 metric tons and lower carbon emissions by 15,000 tons, said Hai Yunyi, the company's president.

"The marine rotary sails are power devices that utilize aerodynamic effects to serve as an alternative to traditional fuel," said Hai.

As many Chinese manufacturers, particularly automakers, are keen to integrate DeepSeek's open-source large language model into their products, Luo Junjie, CMIF's executive vice-president, said this move will enhance the competitiveness of China's machinery manufacturing industry.

"Even though the entire industry is likely to actively adopt this AI solution this year, the true economic benefits will need to be proven through practice," said Luo, stressing that cutting costs and improving efficiency are key drivers for Chinese companies.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产欧美日韩视频在线观看 | 四虎永久在线日韩精品观看| 在线看片中文字幕| 一本一本久久a久久精品综合麻豆| 日本激情一区二区三区| 五月天婷五月天| 欧美另类videosgratis妇| 亚洲精品成人a在线观看| 男人用嘴添女人下身免费视频| 又黄又爽又色又刺激的视频| 草草影院最新发布地址| 国产午夜激无码av毛片| 国产浮力第一页草草影院| 国产精品东北一极毛片| 2021国产精品视频网站| 国产麻豆免费观看91| 99久久99久久免费精品小说| 天堂8在线天堂资源bt| igao在线观看| 天天躁狠狠躁狠狠躁性色av| 一本一道dvd在线播放器| 愉拍自拍视频在线播放| 中文字幕久无码免费久久| 无码日韩人妻av一区二区三区| 久久亚洲精精品中文字幕| 最近最新中文字幕完整版免费高清| 亚洲国产av无码专区亚洲av| 欧美换爱交换乱理伦片老| 亚洲日韩精品欧美一区二区| 欧美肥老太肥506070| 亚洲精品美女视频| 深夜福利一区二区| 亚洲精品视频免费看| 波多野结衣69| 亚洲欧美日韩综合久久| 毛片免费视频在线观看| 亚洲熟妇av一区二区三区下载| 波多野结衣一区2区3区| 亚洲福利精品一区二区三区| 欧美香蕉爽爽人人爽| 亚洲欧美日韩另类在线一|