In 2025, the added value of enterprises above designated size in the machinery industry increased by 8.2% year-on-year. All five major sectors of the national economy saw growth in added value. Among them, the automobile manufacturing industry continued to play a leading role, with a growth rate of 11.5%; the electrical machinery and general equipment manufacturing industries maintained high growth levels, increasing by 9.2% and 8.0% respectively; and the special equipment and instrumentation manufacturing industry operated smoothly, growing by 4.3% and 6.1% respectively.
Driven by policies such as "two major projects" and "two new industries," the overall production and sales situation of the machinery industry was better than the previous year. Of the 122 major machinery products monitored, 85 products saw year-on-year growth in output, an increase of 13 products compared to the previous year, representing a growth rate of 69.7%.
In 2025, enterprises above designated size in the machinery industry achieved operating revenue of 33.2 trillion yuan, a record high, representing a year-on-year increase of 6.0%, 4.9 percentage points higher than the national industrial average; and total profits reached 1.7 trillion yuan, with the growth rate reversing the decline of the previous year, increasing by 5.9% year-on-year, 5.3 percentage points higher than the national industrial average. The machinery industry's operating revenue and total profit accounted for 23.9% and 23.1% of the national industrial total, respectively, representing increases of 1.1 and 1.2 percentage points compared to the same period of the previous year.
However, affected by structural imbalances in supply and demand and intense market competition, machinery product prices continued to decline. The industry's profit margin continued to decline; in 2025, the machinery industry's operating revenue profit margin was 5.14%, a decrease of 0.04 percentage points from the previous year, and 0.17 percentage points lower than the national industrial average for the same period. The task of resolving structural imbalances in supply and demand and comprehensively addressing "involution" in the industry remains arduous.
Regarding foreign trade, facing a severe and complex international environment and foreign trade situation in 2025, the machinery industry withstood the pressure and responded effectively, achieving rapid growth in foreign trade, with the total amount reaching a new high, demonstrating strong resilience. The machinery industry's total import and export volume reached US$1.27 trillion, a year-on-year increase of 8.4%.
In terms of trading partners, the diversified and mutually beneficial foreign trade pattern was further consolidated. The machinery industry's exports to countries participating in the Belt and Road Initiative, RCEP member countries, the EU, and ASEAN increased by 24.7%, 18.4%, 17.1%, and 23.4% year-on-year, respectively.
