By 2025, the added value of enterprises above designated size in the machinery industry will increase by 8.2% year-on-year
2026-02-06
On February 5th, the China Machinery Industry Federation released data showing that in 2025, with the support of a series of stable growth policies and measures by the country, the added value of enterprises above designated size in the machinery industry will increase by 8.2% year-on-year, which is 2.3 and 1.8 percentage points higher than the national industrial and manufacturing industries. By 2025, the added value of the five major categories of the national economy mainly involved in the machinery industry will all achieve growth. Among them, the automobile manufacturing industry continues to play a leading role, with a growth rate of 11.5%; The manufacturing industries of electrical machinery and general equipment maintained a high level of growth, increasing by 9.2% and 8.0% respectively; The specialized equipment and instrument manufacturing industry operated smoothly, with growth rates of 4.3% and 6.1% respectively. Driven by policies such as "dual" and "two new", the overall production and sales situation of the machinery industry in 2025 is better than the previous year. Among the 122 main mechanical products under key monitoring, the output of 85 products increased year-on-year, an increase of 13 products from the previous year, with a growth rate of 69.7%. At the same time, revenue and total profit have achieved growth. In 2025, enterprises above designated size in the machinery industry will achieve a total operating revenue of 33.2 trillion yuan, a new high in total volume, with a year-on-year growth rate of 6.0%, which is 4.9 percentage points higher than the national industrial growth rate; The total profit reached 1.7 trillion yuan, with the growth rate shifting from a decrease in the previous year to an increase of 5.9% year-on-year, which is 5.3 percentage points higher than the national industrial growth rate. From the perspective of the prosperity index, Ye Dingda, Vice President of the China Machinery Industry Federation, introduced that the prosperity index of the machinery industry will show a slowing trend in 2025, but it will remain in the prosperous range throughout the year, with overall performance better than the previous year. As of the end of the year, the prosperity index of the machinery industry was 104.3, an increase of 1.2 points from the end of the previous year, indicating that the industry's economic operation continues to maintain a stable and positive trend. The data also shows that during the 14th Five Year Plan period, the average annual growth rate of added value of enterprises above designated size in the machinery industry was 7.4%, which was 1.5 percentage points higher than the national industrial growth rate, providing important support for the stable growth of the industrial economy. While the industrial scale continues to grow, during the 14th Five Year Plan period, the machinery industry will continue to strengthen the construction of its innovation system, and basically form an industry innovation network covering key areas. By the end of 2025, the machinery industry will have over 500 manufacturing industry champion enterprises, over 5000 specialized, refined, and new "little giant" enterprises, and over 40000 specialized, refined, and new small and medium-sized enterprises, all of which account for more than 30% of the total number of enterprises in the country. In addition, significant achievements have been made in the green and low-carbon transformation, digital transformation and intelligent upgrading of the machinery industry during the 14th Five Year Plan period. By 2025, the production and sales of new energy vehicles will reach 16.626 million and 16.49 million respectively, which is more than 12 times that of 2020, with an average annual growth rate of 65%; The market penetration rate has significantly increased from 5.4% in 2020 to 47.9% in 2025, exceeding the planned target ahead of schedule. Advanced intelligent equipment such as intelligent agricultural machinery, intelligent engineering machinery, industrial robots, smart energy equipment, and intelligent connected vehicles continue to break through and iterate. Looking ahead to 2026 and even the 15th Five Year Plan period, Ye Dingda stated that despite the deepening impact of external environmental changes and increasing risks and challenges on the development of the machinery industry, favorable conditions supporting the high-quality development of the industry are also constantly accumulating and increasing. Among them, the accelerated construction of new power systems, the continuous improvement of agricultural mechanization rate, the demand for green transformation in upstream industries, and the implementation of major national infrastructure construction projects will continue to drive the demand for related equipment markets. The combination of the domestic super large scale market and the trend of consumer upgrading has given rise to three opportunities: the "new demand" for high-end equipment, the "updated demand" for traditional equipment, and the "digital transformation demand" for enterprises, opening up broader growth space for the industry. With the implementation of policies related to stable growth and promoting transformation, the machinery industry is expected to continue to maintain a stable operating trend, and the growth rate of major indicators is expected to be around 5.5% for the whole year of 2026. ”Ye Dingda stated. (New Society)
Edit:Momo Responsible editor:Chen zhaozhao
Source:Economic Information Daily
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