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China's industrial machinery development is currently in a period of rapid growth, with impressive scale, technology, and exports. Let me summarize a few key points for you:
1、 The scale of the industry continues to expand
The number of enterprises has increased from 920000 in 2020 to 1.37 million by the end of October 2025, an increase of 450000 in five years.
Import and export volume: Exceeding one trillion US dollars for five consecutive years, the total import and export volume from January to October 2025 reached 1.03 trillion US dollars, a year-on-year increase of 7.6%.
In 2024, the number of enterprises above designated size reached 132000, with a year-on-year increase of 6.0% in added value, higher than the national industrial average.
2、 Significant improvement in innovation capability
Standard formulation: Over the past five years, 4487 national and mechanical industry standards have been released, with an international standard conversion rate of over 92%.
Technological breakthrough: Shandong Pulisen Group's "Key Technology for Complex Deep Hole Machining" won the Machinery Industry Science and Technology Award, representing the highest level in the industry.
3、 The advantages of industrial clusters are highlighted
Cluster proportion: Among the 300 national level characteristic industrial clusters of small and medium-sized enterprises, mechanical industry enterprises account for 1/4.
Regional performance: Shandong ranks third in national machine tool production and has outstanding technical strength.
4、 Historic leap in foreign trade
Import and export volume: exceeding one trillion US dollars for five consecutive years, reaching 1.17 trillion US dollars in 2024, a year-on-year increase of 7.5%.
Trade surplus: set a new high in 2024, becoming an important driving force for industry growth.
5、 Significant achievements in transformation and upgrading
High end manufacturing: The ability to independently guarantee key basic materials has been enhanced, basic manufacturing processes have been upgraded, and the comprehensive improvement of high-end equipment manufacturing capabilities has been promoted.
Intelligentization and Greenization: With the core of enhancing the resilience and security level of the industrial and supply chains, accelerate the transformation towards intelligence, greenness, and integration.