China's Machinery Industry Shows Steady Growth in 2025, with Key Indicators Expected to Grow by 5.5% in 2026

On February 5, the China Machinery Industry Federation released the 2025 industry economic operation data. Supported by the national "dual priorities" and "dual innovations" policies for stable growth, China's machinery industry achieved steady and positive development, advancing towards innovation and excellence.

In 2025, the added value of large-scale enterprises in the machinery industry increased by 8.2% year-on-year, which was 2.3 and 1.8 percentage points higher than the growth rates of the national industry and manufacturing sector, respectively. The added value of the five major sectors—automobiles, electrical machinery, general equipment, special equipment, and instruments—all showed growth, with the automobile manufacturing industry leading at an 11.5% growth rate. Both production and sales in the industry generally outperformed 2024.

Among the 122 key monitored major machinery products, 85 saw year-on-year growth in output, an increase of 13 products compared to the previous year, indicating a continued expansion in the industry's growth coverage.

In terms of foreign trade, the total import and export value of goods in the machinery industry reached $1.27 trillion in 2025, a year-on-year increase of 8.4%, setting a new historical record and highlighting the industry's resilience in foreign trade.

Ye Dingda, Vice President of the China Machinery Industry Federation, stated that with the continued implementation of policies to stabilize growth and promote transformation, the growth rate of major indicators in the machinery industry is expected to be around 5.5% in 2026. The industry is likely to maintain stable operation, achieving effective qualitative improvement and reasonable quantitative growth. Experts also believe that favorable conditions supporting high-quality development in the industry are continuously accumulating, further solidifying the foundation for the machinery industry's growth.