China Machinery Industry Federation: It is expected that the growth rate of the main indicators of the machinery industry in 2026 will be around 5.5%.

date
05/02/2026
The China Machinery Industry Federation held an "Information Release Conference on the Economic Operation of the Machinery Industry in 2025" on February 5th. Ye Dingda, Vice President of the China Machinery Industry Federation, stated that in 2025, the economic operation of the machinery industry showed a trend of steady progress at a high level. The first quarter got off to a good start; in the second quarter, due to fluctuations in tariffs and other factors, the growth rate slowed down, but quickly stabilized with positive responses from all parties. The third and fourth quarters continued the trend of steady growth at a high level, achieving rapid growth for the whole year. In 2025, the value added of industrial enterprises above a certain scale in the machinery industry increased by 8.2% year-on-year, with a growth rate higher than the national industrial and manufacturing industries by 2.3 and 1.8 percentage points respectively. The value added of the five major categories of the national economy all achieved growth. Among them, the automobile manufacturing industry continued to lead with a growth rate of 11.5%; the electrical machinery and general equipment manufacturing industries maintained a relatively high level of growth, with growth rates of 9.2% and 8.0% respectively; the special equipment and instrument manufacturing industries operated steadily, with growth rates of 4.3% and 6.1% respectively.