CMIF: China's machinery industry to sustain stable growth in 2026

“China's machinery industry is expected to maintain steady growth in 2026, with its key economic indicators projected to grow at a rate around 5.5%,” according to Ye Dingda, vice president of the China Machinery Industry Federation (CMIF). This will be slightly slower than the rate for last year, Mysteel Global notes.

Addressing media on February 5, Ye announced that during 2025, the added value of sizable industrial firms in China's machinery industry last year recorded combined growth of 8.2%, higher by 2.3 percentage points from that for the country's national industrial average and 1.8 percentage points higher from the manufacturing