China's Machinery Industry

The machinery industry is the equipment industry for the national economy. Its development level has a direct effect on the technical level and economic returns in all fields of the national economy. Since the founding of new China, the machinery industry has developed very rapidly; especially since the reform and opening drive, it has reached a climax in growth speed,thus raising the technical level. Outstanding achievements have been made in production, technology and foreign trade. So far, China’s machinery industry has become one of the largest industries, with a complete category of products, a fairly large scale and a strong technical basis. The number of its enterprises, and