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 Fact Sheet of China Machinery and Equipment Industry 2016

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In 2015, the machinery industry of China achieved a modest growth in the difficult situation. From Jan.1 to Dec. 31 the industrial added value of an increase of 5.5%, completed a total of main business income of 22.98 trillion yuan, an increase of 3.32%, total profit of 1.6 trillion yuan, an increase of 2.46%, achieved total taxes 8869 billion yuan, an increase of 5.08%. Total imports and exports 666 billion 500 million U.S. dollars, down 8.13% in which imports $277 billion 700 million, down 14.06%; exports of $388 billion 800 million, down 3.36%, a trade surplus of $111 billion.
In 64 kinds of main products released, 18 kinds of products  have  the output growth, which accounted for 28.13%, however 46 kinds of products have an output decline , accounting for 71.87%. The production of large tractor for 7.74 million units, an increase of 33%, the output of CNC machine tools for 23.5 million units, down 9.53%, 110 million kilowatts of power generation equipment production, down 17.2%, keep the 10 consecutive annual production exceeds 100 million kilowatts. Automobile sales were 245 million vehicles among 245.9 million vehicles output, an increase of 3.25% and 4.68% respectively, for seven consecutive years ranked first in the world. 
During the "Twelfth Five Year Plan" period, machinery industry actively adapted of various unfavorable factors and complex situation, thoroughly implemented the equipment manufacturing industry upgrading, restructured automobile industry , it has made a great deal of new achievements for the entire industry.
Comparing with that of 5 years ago the machinery industry maintained an average annual increase of 9.9%; the whole industry assets increased from10.97 trillion yuan to 19.27 trillion yuan with an average annual increase of 11.91%; main business revenue from 1.396 trillion yuan to 22.98 trillion yuan, an average annual increase of 10.48%; total profit  from 1.17 trillion yuan  increased to 1.6 trillion yuan, an average annual increase 6.45%; total exports US$258.5 billion which increased to US$388.8 billion, an average annual increase of 8.51%, trade surplus from US$3.136 billion, increased to US$111 billion USD, a new record ever made.