On August 6, the China Machinery Industry Federation announced the economic performance of the machinery industry for the first half of 2026, showing that measures to expand domestic demand, steady growth, and promote transformation have been introduced one after another, financial resources have been implemented at an accelerated pace, and “two new” policies continue to advance, and demand for machinery industry equipment will continue to be released. At the same time, 109 major projects and projects are progressing steadily in the “15th Five-Year Plan”, and construction of major projects with the “six networks” as the main line will be started one after another, which will strongly drive market demand in the machinery industry. The machinery industry is expected to continue to operate smoothly, and the growth rate of the main indicators for the whole year is expected to be around 5.5%.

On August 6, the China Machinery Industry Federation announced the economic performance of the machinery industry for the first half of 2026, showing that measures to expand domestic demand, steady growth, and promote transformation have been introduced one after another, financial resources have been implemented at an accelerated pace, and “two new” policies continue to advance, and demand for machinery industry equipment will continue to be released. At the same time, 109 major projects and projects are progressing steadily in the “15th Five-Year Plan”, and construction of major projects with the “six networks” as the main line will be started one after another, which will strongly drive market demand in the machinery industry. The machinery industry is expected to continue to operate smoothly, and the growth rate of the main indicators for the whole year is expected to be around 5.5%.