en.Wedoany.com Reported - In June 2026, the China Engineering Machinery Market Index (CMI) stood at 120.96, representing a year-on-year increase of 15.04% and a month-on-month decrease of 4.92%. According to the CMI judgment criteria, the June index fell below the expansion threshold, indicating that the domestic market has begun to transition from a peak to a slack season. The year-on-year growth rate of the CMI in June expanded by 8.56 percentage points, suggesting that sales volumes in the frontline engineering machinery market continued to moderate slightly compared to the previous month, yet remained significantly higher than the market level in the same period of 2025.

As of June 26, the operating rates in Northeast China, North China, East China, South China, Central China, Northwest China, and Southwest China were approximately 48.16%, 52.34%, 45.58%, 52.27%, 50.11%, 51.45%, and 52.09%, respectively, showing differentiated trends across major regions. Within the CMI, the inventory index for the manufacturer group decreased by 0.6 percentage points compared to the previous period, while the production index increased by 29.41% year-on-year; for the dealer group, the new orders index rose by 29.06% year-on-year but fell by 9.70% month-on-month.

From the demand side, the growth rate of investment indicators in key downstream sectors continued to deteriorate. According to data from the National Bureau of Statistics, from January to May 2026, fixed asset investment (excluding rural households) totaled 17,851.2 billion yuan, down 4.1% year-on-year. Infrastructure investment grew by 0.6% year-on-year, with the growth rate narrowing by 3.7 percentage points compared to the first four months. Among them, investment in water conservancy management declined by 8.3%, public facility management by 3.2%, road transport by 5.7%, while railway transport investment grew by 5.1%. From January to May, investment in the mining sector increased by 6.2% year-on-year, with fixed asset investment in non-ferrous metal mining and beneficiation growing by 32.6%.

According to data from the China Construction Machinery Association, a total of 24,794 excavators were sold in May 2026, including 11,628 units domestically and 13,166 units for export; 13,293 loaders were sold, including 7,306 units domestically and 5,987 units for export. From the market terminal perspective, in the first four weeks of June 2026, the monitored excavator operating hours in the domestic circulation market increased by 5.22% year-on-year.