In the first half of 2025, the added value of above-scale enterprises in China's machinery industry increased by 9.0% year-on-year, outpacing the national industry and manufacturing sector by 2.6 and 2 percentage points respectively. Among them, the automobile and electrical machinery industries performed prominently with growth rates of 11.3% and 12.2% respectively, acting as core drivers of growth.
Driven by the "Two New" policies, market demand improved. Among the 122 key monitored products, 84 saw output growth year-on-year, accounting for 68.9%, up 7.4 percentage points from the same period last year. In terms of foreign trade, the total import and export volume reached 597.6 billion US dollars, a year-on-year increase of 7.1%, with exports at 465.94 billion US dollars, up 12.4% year-on-year, and a trade surplus of 334.28 billion US dollars, accounting for 57.1% of the national goods trade surplus.
Looking ahead, the industry will maintain a steady and positive momentum. The implementation of multiple steady growth work plans and the digital transformation implementation plan will promote quality and efficiency improvement in the machinery industry, with the annual growth rate of major indicators expected to remain around 5.5%.
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