Since 2017, China's industrial economy has started steadily, the growth rate has accelerated, the supply and demand situation of industrial products has continued to improve, the price of industrial products has risen steadily in general, and enterprises are expected to show a good trend of rapid growth of emerging industries and recovery of some traditional industries。Among them, the electronic information industry is outstanding, continuing the rapid growth trend of the previous year, accelerating structural adjustment, and enhancing the supporting and driving role。
(1) The industry maintained rapid growth
From January to February, the value added of the electronics manufacturing industry increased by 14.1%, a year-on-year increase of 5%.3 percentage points, an increase of 4 percentage points over the end of last year.1 percentage point, higher than the national industrial average growth rate of 7.Eight percentage points。From the main products, color TV (-6.0%）、微机（-1.1%）、手机（4.1%) and other traditional machine product output fall or slow growth;But lithium-ion batteries (30.9%), photovoltaic cells (14.6%), integrated circuits (24.2%), LED tube (58.The output of emerging products such as 6% maintained a high growth rate, showing the deepening of industry structural adjustment。
2. Investment continued to run at a high level
From January to February, the computer, communications and other electronic equipment manufacturing industry completed fixed asset investment of 96.8 billion yuan, an increase of 15 percent year-on-year.7%, the growth rate is basically the same as the end of last year, higher than the average level of the manufacturing industry in the same period.Four percentage points。By field, semiconductor discrete device manufacturing, integrated circuit manufacturing and communication equipment manufacturing and other fields of investment growth is prominent, higher than the average level of the whole industry, home audio-visual, radio and television equipment manufacturing and other fields of investment growth is relatively low。
3. Exports reversed the downward trend
Affected by the sluggish demand in the international market, since the second quarter of 2015, China's exports of electronic information products have continued to decline, which has continued to the end of 2016。In the first two months of this year, China's exports of high-tech products reached 87.3 billion US dollars, an increase of 9.1%, reversing the previous decline。In terms of major products, exports of mobile phones and their parts, computers, liquid crystal display boards and integrated circuits increased by 15 percent each.4%、6.5%、12.7%和25.1%, the growth rate is significantly higher than the same period last year。The current industry exports have shown positive changes, on the one hand, the external demand market has picked up, but more is affected by base factors。
(4) New growth points are unclear
At present, the pull role of traditional products such as color televisions and computers is weakening。In the first two months of this year, domestic color TV sales fell by 2.4%和12.4%;Sales of tablet computers and microcomputers continue to shrink。Communication terminal competition is intensifying, and the growth rate has slowed down, according to the data of the Information and Communication Institute, the domestic mobile phone market shipments in January and February this year increased by 6.7%, the growth rate is 1. 1% lower than that at the end of last year.Three percentage points。Although the market of wearable devices such as smart watches and VR glasses is growing rapidly, the low-end phenomenon caused by the lack of standards and excessive competition is becoming increasingly prominent, which is not conducive to the healthy development of the future。In addition, the development of integrated circuits, new displays, smart cities, intelligent manufacturing and other fields mainly rely on government investment, endogenous and sustainability is insufficient, it is difficult to support the long-term stable growth of the industry。
5. Increasing cost pressure on enterprises
According to the monitoring data of the enterprises I will focus on, in January and February, the income of key enterprises increased by 20.3%, profit down 1.5%, the export delivery value increased by 23.0%。Revenue and exports of key enterprises maintained a good growth trend, but affected by rising costs, total profits declined year-on-year。Since the beginning of this year, many manufacturers such as Meizu, millet, and letV have raised the price of some product models, mainly because of the rise in the procurement cost of core components and components。Since the second half of 2016, the prices of LCD panels and silicon wafers have been rising;Recently, the southern Taiwan earthquake and Samsung SDI fire and other incidents have also had a certain impact on the domestic electronics manufacturing supply chain。In addition, the prices of more basic raw materials such as copper, aluminum and plastics continue to rise。The relative superposition of these factors has brought great pressure to the profit margin of China's electronic manufacturing enterprises。
Overall, since the beginning of this year, the external environment for the development of the electronic information industry has become warmer, and the industry as a whole has maintained rapid growth;However, unclear new growth points and rising production costs also put pressure on the development of the industry。It is expected that in 2017, the operation of the electronics manufacturing industry will show a stable trend, and the added value will increase by about 14% in the first quarter and about 12% in the first half of the year。