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The Machinery Sector in China

By EU SME Centre | Report      11.01.2018     Tags:

 

 

In 2016, value-added growth in the machinery industry grew by 9.6% year-on-year, which was higher than the overall manufacturing industry’s value-added growth of 6.0% over the same period. Amongst the 64 types of major machinery products, 41 types (64.1%) recorded an increase in output.

With the implementation of Made in China 2025 (comprehensive plan to improve China’s manufacturing industry and enable it to play a leading international role in the production of high-quality and innovative goods), the Chinese market offers many opportunities for EU SMEs in terms of high-end products and technology transfer focusing on smart manufacturing, digital manufacturing and green manufacturing.

This report aims to illustrate and explain the significant changes that have taken place in the machinery sector over recent years. It also looks at potential future trends and provides key successes factors to overcome barriers such as the lack of uniformity of regulations in different Chinese provinces.

Table of Content

1. Introduction

2. Market Size

3. Market Structure

3.1. Market Segments

  • Robotics, Automation and Connectivity
  • Agricultural Machinery
  • Construction Machinery
  • Heavy Machinery
  • Power Generating Machinery
  • Machine Tools
  • Basic Machinery Components
  • Distribution

4. Key Growth Drivers and Future Trends

  • Urbanisation to Lead to Further Investment in Infrastructure
  • Pressure from Chinese and International Markets to Force Upgrading in the Industry
  • Move Towards High-end and High Quality Equipment
  • Made in China 2025 Strategy

5.Regulatory Environment     

  • CCC Mark     

Protection of Intellectual Property Rights (IPR)        

6. Opportunities for EU SMEs

  • Machine Tools           
  • Basic Machinery Components          
  • Technology Transfer 

7. Key Challenges for EU SMEs Doing Business in China   

  • Market Access           
  • Intellectual Property Rights (IPR)      
  • Building Relations with Chinese Partners      

8.Report Summary    

9.Resources

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