China Machinery Exports Hit $664.3 billion in First Seven Months of 2026, Up 20.8%

In the first seven months of 2026, China's machinery industry recorded cumulative exports of $664.3 billion, a year-on-year increase of 20.8%, which was 2.3 percentage points higher than the overall growth rate of the nation's foreign trade. Machinery exports accounted for 26.3% of the country's total goods exports.

From January to July, the value-added output of the five major industry categories covered by the machinery sector maintained a growth trend. Export growth momentum remained strong, the foreign trade structure continued to improve, the share of high-value-added products in total exports kept rising, and the international market layout became more balanced across regions.

Exports of complete equipment in high-end manufacturing and new energy equipment posted robust growth, with significant increases in shipments of automobiles, electric passenger vehicles, and lithium-ion batteries. Electrical products such as generator sets, transformers, and electrical control devices, construction machinery including excavators, loaders, and electric forklifts, as well as heavy machinery such as mining equipment and conveying machinery, all maintained strong export growth.

2026 marks the opening year of China's 15th Five-Year Plan, which sets out comprehensive arrangements for promoting the high-end, intelligent, and green development of the manufacturing sector. A series of national plans and industrial policies have been publicly released, driving the transformation from "Made in China" to "Created in China," from "Chinese speed" to "Chinese quality," and from "Chinese products" to "Chinese brands."