China's machinery industry of a certain size or larger saw its added value increase 6.1% year-on-year - Chinese media

According to the China Machinery Industry Federation, the added value of machinery industries above a certain scale increased 6.1% in the first half of this year compared to the same period last year.
Five major industries: automobiles, general-purpose devices, special-purpose devices, electrical machinery, and instruments
The added value of each product increased from the same period last year. Of the 122 major products subject to monitoring, the production volume of 75 products increased from the same period last year. General-purpose machinery, parts
Companies exporting similar products have recovered steadily, with exports of excavators, medium and large tractors, cranes and other products maintaining an upward trend.
As of the end of June 2024, the number of machinery manufacturing companies of a certain size or larger is expected to increase by 11,000 compared to the same period last year.
The number has reached 130,000 companies.