Mechanical Industry Association: The growth rate of major indicators in the mechanical industry is expected to be around 5.5% by 2025.

On August 4th, Luo Junjie, Vice President and spokesperson of the China Machinery Industry Federation, stated at the press conference on the economic situation of the machinery industry in the first half of 2025 that, based on comprehensive assessment, it is expected that the economic performance of the machinery industry will continue to be stable and improving in the second half of the year. The main economic indicators are expected to grow by around 5.5% for the whole year, with foreign trade maintaining basic stability.