Machinery Industry Production and Operation to Stabilize to Better, and to Promote the Decline in Automobile Production and Sales Narrow.

According to the National Bureau of Statistics, the value added of machinery industry in the first half of the year fell by 1.5% year-on-year, narrowing by 17.5 percentage points from the first quarter, lower than the 0.2 and 0.1 percentage points of the country's industrial and manufacturing industries over the same period. In June, the value added of machinery industry increased by 9% year-on-year, higher than the 4.2 and 3.9 percentage points of the country's industrial and manufacturing industries over the same period. Thanks to the recovery and start-up of infrastructure investment and energy construction-related projects, the production and sales of construction machinery and power generation equipment have increased rapidly. Some agricultural machinery production resumed quickly. Second, production of products related to new infrastructure, people's livelihood infrastructure and smart manufacturing has rebounded. Since this year, from the central to the local has introduced a series of policies and measures to stabilize car consumption. Many places have introduced the purchase subsidy policy, the hottest of which is the new car purchase subsidy. According to statistics, the amount of regional subsidies in the provinces is concentrated in 5000 yuan and below, the maximum subsidy amount of 20,000 yuan.