In 2024, the machinery industry adhered to innovation and green development, accelerated the cultivation of new momentum and advantages, and actively promoted high-end, intelligent, green, and integrated development. The industry's high-quality development and transformation and upgrading achieved remarkable results.
Steady Improvement in Innovation Capability: In 2024, 33 new industry innovation platforms were approved, bringing the total to 290. Over 400 technical equipment appraisals were completed, and 430 industry science and technology awards were granted.
Enhanced Quality and Standards: Focusing on the modernization of the industrial chain, the industry accelerated the construction of a quality and standards system to support high-quality development. Four new quality inspection institutions were added, bringing the total to 257. Over 200 laboratory reviews were completed, and 1,227 industry standards were revised or established. Additionally, 313 international standardization projects were advanced.
Increased Resilience and Security of the Industrial Chain: The industry focused on key links and weaknesses in the industrial chain and supply chain, accelerating the independent research and development of core technologies and equipment. Notable achievements include the world's first 25-megawatt wind turbine bearings and gearboxes, the largest pile driver cylinder globally, and the completion of key components for the world's first 500-megawatt impulse hydropower unit.
Rapid Growth of New Energy Vehicles: In 2024, new energy vehicle production and sales exceeded 12 million units, reaching 12.888 million and 12.866 million units, respectively. They maintained the global top position for 10 consecutive years, with year-on-year growth rates of 34.4% and 35.5%. New energy vehicles accounted for 40.9% of total automobile sales, up 9.3 percentage points from the previous year.
Fast Development of Clean Energy Equipment: In 2024, wind turbines accounted for over half of the total power generation equipment output. Renewable energy power generation capacity increased by 370 million kilowatts, up 23% year-on-year, accounting for 86% of the newly installed power capacity. Wind power added 80 million kilowatts, while solar power added 280 million kilowatts.
Accelerated Green Transformation of Traditional Industries: Advanced green and intelligent products were continuously developed and applied. In agricultural machinery, the adoption of new energy tractors, intelligent tractors, and high-automation harvesters significantly increased. In construction machinery, electrification trends were strong for products like loaders, mixers, and mining trucks, with electric loader sales growing 2.1 times in 2024.
Widespread Emergence of Smart Factories: In 2024, over 80 mechanical enterprises were selected for China's first batch of excellent smart factory projects. Six mechanical enterprise smart factories were included in the global "lighthouse" factories, bringing the total to 24, accounting for 30% of China's "lighthouse" factories. The popularization rate of digital R&D design tools in large-scale enterprises exceeded 80%, and the average product development cycle in demonstration factories was shortened by nearly 30%.
Rapid Development of Intelligent Manufacturing Equipment: Industrial robot production increased by 14.2% year-on-year, reaching 556,000 units, setting a new record.
Thriving Development of Intelligent Connected Vehicles: New technologies like artificial intelligence, big data, and 5G communication accelerated the intelligent development of automobiles. Technologies such as intelligent assisted driving, human-machine interaction, and smart lighting systems rapidly progressed and spread from high-end to mass-market vehicles, with a significant increase in the penetration rate of L2-level assisted driving passenger vehicles.
300-Megawatt F-Class Heavy Gas Turbine: This independently developed turbine achieved milestone progress, including prototype assembly, ignition, and full-load testing. It broke through over 90 key technologies and is China's most powerful and technologically advanced gas turbine.
26-Megawatt Offshore Wind Turbine: The world's largest offshore wind turbine with complete independent intellectual property rights was launched. Its key components, including the generator, blades, and bearings, reached world-leading levels.
16-Meter Diameter Shield Machines: The "Shanhe" and "Jianghai" shield machines, with maximum excavation diameters of 17.5 meters and 16.64 meters respectively, marked a new leap in China's capability to develop and apply 16-meter-class shield machines.
"Hualong One" Nuclear Power Project: The Fangchenggang demonstration project was fully completed, driving over 5,400 nuclear equipment enterprises to achieve over 400 key equipment domestications and realizing 100% domestication of nuclear power equipment.
600-Horsepower Hybrid Tractor: The world's largest hybrid tractor broke through key technologies in power transmission and hydraulic control, integrating new energy vehicle concepts into agricultural machinery and promoting intelligent upgrades.
Diversified Foreign Trade Market: In 2024, exports to "Belt and Road" countries increased by 14%, accounting for 51.5% of total machinery exports. Exports to ASEAN, Africa, and Latin America grew by 17.7%, 12.9%, and 27.1% respectively.
Growth in Host and Complete Machine Exports: Automobile exports reached 6.188 million units, up 26.7%, with electric vehicle exports growing by 26%. Exports of general equipment and components such as compressors, pumps, bearings, and fasteners also saw double-digit growth.
Enhanced General Trade Exports: General trade exports increased by 14.5%, 3.5 percentage points higher than the overall machinery export growth rate. The share of general trade exports rose to 74.3%, up 2.2 percentage points from the previous year.
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