Terms & Conditions | Privacy Policy | Mysteel.com
Events
About Us
  • Home
  • /
  • Market Insights
  • /
  • News
  • /
  • Article

CONF: China's machinery sector growth to reach 5% in '23

Source: Mysteel Jan 04, 2023 15:00
Share this with
X linkedin WeChat Copy this link
Ferrous Non-Ferrous Demand
The major performance indicators in China's machinery manufacturing sector suggest that in 2023 growth should be around 5% on year, based on the premise that no significant declines are seen in the international market and COVID-19 situation is well controlled across the country, Luo Junjie, executive vice president of the China Machinery Industry Federation predicted at Mysteel's annual conference in Shanghai on December 30.
Luo told delegates that operations among member firms of the country's machinery industry for full-year 2022 could be summarized as: "the situation is getting better, while the pressure is increasing due to the COVID-induced impact."   Last year, growth in industrial added value and operating revenue of the country's machinery makers

To read the full article take a free 7-day trial to Mysteel Global

To view this content

Free Trial

+65 6939 6700 globalsales@mysteel.com

You May Also Like
  • Half of Chinese auto dealer miss sales targets in '25, inventory pressures persist in '26 despite strong start forecast

    Jan 08, 2026 11:00

  • China's first-tier cities see second-hand home sales hit 7-mth high in Nov

    Dec 09, 2025 12:00

  • China's Oct electricity use rises at fastest pace this year

    Nov 25, 2025 14:30

  • CCMA: China's August excavator sales jump 13% YoY

    Sep 09, 2025 16:20

  • CCMA: China's excavator sales surge 25% YoY in July, sustaining uptrend

    Aug 08, 2025 15:20

Price Curve
Daily Prices
  • Mysteel Iron Ore Index

    Apr 01, 2026 19:31

  • Iron ore concentrates procurement prices: China's major mills

    Apr 01, 2026 19:06

  • Square billet prices: China's major cities

    Apr 01, 2026 18:35

  • Square billet EXW prices: Tangshan major mills

    Apr 01, 2026 18:33

  • Imported iron ore prices: China's major cities

    Apr 01, 2026 18:10

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2026 Mysteel Global Pte Ltd. All rights reserved. ICP BeiAn No. 沪ICP备15006920号-6
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com