February 22, 2025

Zhejiang machine tool industry economy has greatly improved

Zhejiang machine tool industry economy has greatly improved In 2012, Zhejiang will introduce more than 100 billion yuan in Zheshang project funds. More than 70% of the funds will be invested in industrial entities and will be invested in emerging strategic industries. The machine tool industry will be used as a long-term strategic investment destination, and the high-end machine tool industry will be the main focus of the technology. It is preferred to diversify, improve quality and increase efficiency.

Zhejiang uses information technology to promote "smart manufacturing" and integrates digitalization of industrial design, intelligentization of manufacturing equipment, automation of production processes, networking of sales systems, and informatization of enterprise management and industrial operations. In the first three quarters, the value added of industrial enterprises above designated size in Zhejiang Province was 785.3 billion yuan, a year-on-year increase of 6.0%. From the operating situation, this year, the monthly growth rate of industrial added value started at a low level, and the volatility increased from 2.9% in January to February to 5.6% in April, 6.3% in June, and 7.1% in July and September; The growth rate of industrial added value in the quarter rose from 4.8% in the first quarter to 5.4% in the second quarter and 7.0% in the third quarter. The industrial economy's bottom out characteristics have become apparent.

Although the current economic situation is not optimistic, I believe that under the strong support of Zhejiang Provincial Party Committee and Provincial Government, under the joint efforts of the whole society, Zhejiang's industrial economy will usher in yet another spring of development.

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