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In 2013, the total output value of the internal combustion engine industry is expected to increase by about 10%.

In 2013, the total output value of the internal combustion engine industry is expected to increase by about 10%.

In 2012, China's internal combustion engine industry continued to maintain a steady and rapid development momentum under the favorable influence of a number of national incentive policies. Recently, Xing Min, deputy director and Secretary General of the China internal combustion engine industry association, reviewed the economic operation of the entire internal combustion engine industry in 2012 and the challenges facing the current industry. The production of internal combustion engines reached 67 million units in 2012

In 2013, the total output value of the internal combustion engine industry will increase by 10%. Speaking of the trend of the industry in 2013, Xing Min said that although the golden period of continuous and rapid growth of the internal combustion engine industry has passed for many years, the total output value of the internal combustion engine industry is expected to increase by about 10% in 2013, driven by the growth of the automobile, engineering machinery and agricultural machinery industry benefiting from the national policies.

Affected by the financial crisis, economic stagnation in many countries has brought about an impact on the export of internal combustion engine products in China. Enterprises should be prepared for this. In addition, due to the increase of raw materials, fuel, power and labor costs, the financial difficulties are increasing, the profit rate of the products is obviously reduced, and the growth of enterprise benefits will be more difficult. With the upgrading of market demand, the competition of ordinary internal combustion engine products with lower market threshold is intensifying. The market situation of middle and low grade products will be more severe, and the important technical equipment and high technology products will continue to be paid more attention.

2013 is the key year for China's internal combustion engine industry to implement the "11th Five-Year" plan. The whole industry will continue to optimize the structure of the industrial organization, accelerate the pace of asset restructuring, improve the concentration of independent brand enterprises, promote the merger and reorganization of enterprises, and support large enterprises with advantages to carry out the joint, merger, reorganization and reorganization of the cross land and cross industries. The strategy of going out, encouraging the superior enterprises to be stronger and bigger, further improving the scale of scale economy and industrial concentration of the industry enterprises, and developing the independent parts industry group, and cultivating the talents of innovative consciousness and high skilled personnel.

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