Analysis: Chinese VFD (Variable-frequency Drive) industry development is facing severe challenges
Over the past year, a persistently sluggish economy is validating a real crisis that has been masked by a previous apparent recovery. As a major contributor to the real economy, industry should be the leader in revitalizing the economy.
Throughout the world, the United States has played the slogan of "returning" the manufacturing industry, and EU member states have also reached an agreement on "reindustrialization" under the urgent economic situation. On the other hand, in China, the "demographic dividend" that supports the rapid development of China's manufacturing industry is gradually disappearing.
Against the background of internal and external economic situation, Chinese VFD (Variable-frequency Drive) industry has once again encountered Waterloo. In the past year, the profits of most Chinese and foreign manufacturers have shrunk to varying degrees. The most embarrassing thing is that the photovoltaic industry, which was once hoped for as a "strategic emerging industry", has changed from a bright light to a eclipse in an instant.
The economic haze lingers, and new changes are poised to take off.
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Under the double-sided attack, we must closely follow the general direction of national policy.
The intensifying energy crisis has made the Chinese government pay more attention to the energy issue. The first highlight of the energy white paper released last year is: striving to build a safe, stable, economical and clean modern energy industry system. Presumably more companies can benefit from this energy source. See and seize the opportunity in the white paper.
Urbanization is the greatest potential for expanding domestic demand. This year's "two sessions" also continue to emphasize the development of urbanization. The "Plan for Promoting the Healthy Development of Urbanization (2011-2020)" led by the National Development and Reform Commission mentioned that "urbanization will continue to develop in the future. 10 years to drive 40 trillion investment", VFD (Variable-frequency Drive) manufacturers are also expected to benefit from it.