In recent years, the growth rate of the world economy has slowed down significantly. China's economy has entered a new normal of medium-to-high speed growth. The growth rate of investment demand in downstream industries served by the heavy machinery industry has slowed down significantly. In the process of transformation. The energy, transportation, and raw material industries that the heavy machinery industry has served for a long time have basically completed the accumulation of production capacity, and the supply of materials has changed from a tight seller's market to a relatively loose buyer's market. Affected by this, the development of the industry has slowed down significantly. Faced with a weak market, oversupply, fierce competition, and falling prices, the pressure on business operations continues to increase. The data shows that after entering 2016, the investment growth rate of most downstream industries in the heavy machinery industry was negative. The annual main income of the heavy machinery industry was 1232.564 billion yuan, a year-on-year increase of 1.50%; the total profit was 64.585 billion yuan, a year-on-year decrease of 13.36%.