Wedoany.com Report on Feb 11th, the China Machinery Industry Federation held the 2025 Annual Machinery Industry Economic Performance Press Conference in Beijing. The conference was chaired by Chen Bin, Deputy Director of the Federation's Expert Committee. Vice President Ye Dingda released the information, and Chen Shihua, Deputy Secretary-General of the China Association of Automobile Manufacturers, attended as a special guest.
In 2025, supported by national policies such as the "Two Major Tasks" and "Two New Initiatives," China's machinery industry achieved steady progress in its economic performance. The value-added of enterprises above designated size increased by 8.2% year-on-year, exceeding the national industrial and manufacturing averages. Production and sales trends were generally positive, with 85 out of 122 key monitored major machinery products showing year-on-year growth in output. Automobile production and sales reached new record highs, and the output of products in sectors like electrical equipment and processing machinery saw significant growth. Both operating revenue and total profits of enterprises above designated size hit new records, and total foreign trade volume also reached a new high, demonstrating strong resilience.
During the 14th Five-Year Plan period, China's machinery industry continued to expand in scale, significantly enhanced its innovation capability, made outstanding progress in green and intelligent transformation, and steadily improved its international competitiveness. The number of enterprises above designated size, total assets, and operating revenue all achieved growth. The innovation entity echelon became increasingly well-rounded, R&D investment grew steadily, and major achievements in equipment innovation emerged. New energy vehicles and clean energy equipment developed rapidly, smart factory construction accelerated, and new business formats and models continuously emerged. Foreign trade scale reached a new high, trade structure continued to optimize, and the proportion of high value-added product exports increased.
Looking ahead to 2026, China's machinery industry faces both opportunities and challenges. Macro-control and industrial policies continue to strengthen, the traditional market foundation remains solid, and the combination of China's ultra-large domestic market and consumption upgrade trends is generating new demand opportunities. The accelerated pace of the technological revolution is injecting new momentum into industrial development, and global layout is gradually deepening. It is expected that the growth rate of major annual indicators will be around 5.5%. The machinery industry will adhere to the theme of high-quality development, accelerate the construction of a modern industrial system, and make new contributions to the new journey of Chinese modernization.
