Industrial Equipment

Mechanical and electrical equipment manufacturers are at the core of the world’s largest industrial economy, accounting for 28.7% of global manufacturing output in 2019. While China has taken world first rank for machine-tool manufacturing, an important share of that production is still accounted for by foreign manufacturers that have settled local plants. Several Chinese builders have nevertheless emerged for supporting automation of national industry through development of the CNC (Computer Numercial Control) machines segment. The same evolution, at a less advanced stage, can be noted for industrial robots. Strong Chinese positioning is found in specific areas, where huge domestic demand has led to building of strong local providers. The most important concerns power production equipment. Another important one is made by construction equipment.

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