Key point: The equipment manufacturing industry is a strategic industry that provides technical equipment for various industries in the national economy. It has a high degree of industrial correlation, strong ability to absorb employment, and intensive technology and capital. It is the upgrading and technology of various industries

The equipment manufacturing industry is a strategic industry that provides technical equipment for various industries in the national economy. It has a high degree of industrial correlation, strong ability to absorb employment, and intensive technology and capital. It is an important guarantee for industrial upgrading and technological progress in various industries, and is a concentrated reflection of the comprehensive national strength of the country. The mechanical industry is an important component of the equipment manufacturing industry, an important pillar and leading industry of the national economy and industry. Its total economic output accounts for more than two-thirds of the entire domestic equipment manufacturing industry and more than one-fifth of the national industry. In 2018, there were 88200 enterprises above designated size in the mechanical industry, accounting for 23.31% of the national industry; The total assets are 23.42 trillion yuan, accounting for 20.65% of the national industry; The main business revenue is 21.38 trillion yuan, accounting for 20.91% of the national industrial sector; The total profit is 1.45 trillion yuan, accounting for 21.84% of the national industry.