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| SECTOR | IMPORTS | 5Y/YR | RANK | EXPORTS | 5Y/YR | RANK |
|---|---|---|---|---|---|---|
| Industrial Machinery | $80.7B | +7.2% | 1 | $99.3B | +7.4% | 1 |
| Automation and Robotics | $21.9B | +0.6% | 2 | $31.5B | +8.4% | 1 |
| Pumps and Valves | $16.6B | +0.4% | 3 | $52.8B | +7.8% | 1 |
| Material Handling | $2.30B | -9.3% | 13 | $30.2B | +12.5% | 1 |
| Food Processing Equipment | $1.56B | -5.2% | 8 | $7.01B | +7.8% | 3 |
| Steel and Metal Products | $138.9B | +8.8% | 2 | $282.5B | +7.9% | 1 |
| Specialty Chemicals | $27.9B | +0.8% | 3 | $58.5B | +10.2% | 1 |
| Plastics and Polymers | $72.3B | -0.3% | 2 | $140.8B | +9.5% | 1 |
| Packaging | $1.41B | -2.0% | 23 | $26.4B | +6.3% | 1 |
| Industrial Textiles | $2.71B | -2.7% | 5 | $19.8B | +4.6% | 1 |
| Electrical Equipment | $30.8B | -0.9% | 4 | $240.6B | +12.0% | 1 |
| Semiconductors and Industrial Electronics | $231.9B | +4.0% | 2 | $270.3B | +9.8% | 1 |
| Automotive Components | $26.2B | -4.0% | 5 | $99.1B | +9.3% | 1 |
| Aerospace Components | $19.6B | +7.2% | 4 | $7.00B | -3.5% | 9 |
| Medical Devices | $19.3B | +1.4% | 4 | $33.0B | +7.8% | 3 |
| Construction Materials | $4.03B | +0.4% | 6 | $22.0B | +2.0% | 1 |
| HVAC and Industrial Refrigeration | $3.37B | -1.2% | 12 | $60.1B | +9.1% | 1 |
| Power Generation Equipment | $3.95B | +10.1% | 2 | $13.1B | +4.8% | 2 |
| Water Treatment Equipment | $2.74B | -2.5% | 2 | $7.34B | +10.4% | 1 |
| Mining Equipment | $1.94B | -11.9% | 23 | $38.0B | +14.3% | 1 |
World Bank, World Development Indicators (CC BY 4.0)
China Tianchen Engineering published preferred-bidder notices on 26 October 2026 for Class III centrifugal pumps and air compressors for the Shaanxi Yuneng New Materials thermal power station project. Objections are accepted during disclosure periods ending 28 and 29 October; no award is final.
Guangzhou Aima Compressor Co. broke ground on 19 October 2026 on a 305 million yuan gas compressor R&D and manufacturing base in the Zengcheng Sino-Singapore Science Park, Guangzhou. The plant will cover about 35 mu and include a national engineering technology center.
Xinran Group's compressor business submitted a bid for PipeChina's 2026 centralized procurement of centrifugal compressor units for gas pipeline projects. PipeChina's estimated budget is about US$260 million for roughly 36 units.
Norway-based TMC Compressors will supply marine compressed air systems for two 90,000 cubic meter ammonia carriers being built by Jiangnan Shipyard for Eastern Pacific Shipping. The contract value was not disclosed and the announcement was made on October 7, 2026.
Atlas Copco completed its acquisition of Chinese heating and cooling equipment maker Guangdong Euroklimat on 2 October 2026, adding industrial heat pumps, chillers and thermal management equipment to its Oil-free Air division. The purchase price was not disclosed.
Zhejiang Jucheng Cylinder Co. published the results of its October 2026 to January 2027 carton procurement tender, awarding contracts to Zhejiang Wuyi Zhang Packaging, Zhejiang Qiyue Paper and Quzhou Huayida Packaging. Bid values are listed without a clear currency.
Malaysia's Scientex agreed to acquire a 70% stake in Hunan-based flexible plastic packaging producer Mintpack for RMB 167.3 million (about USD 25 million), with completion expected by end-2026.
Harbin Electric Power Equipment, a subsidiary of Jiadian Co., received a bid award notice from China General Nuclear Engineering for reactor coolant pump equipment on the AU project LOT120F worth CNY 620 million; the contract is not yet signed.
Valve maker 缔德阀门集团 held a groundbreaking ceremony on September 24, 2026 for a 158 million yuan smart manufacturing center for high-end ultra-low temperature ball valves in Lishui's Liandu district, with a planned 30,000 square meter plant and expected annual output value of 200 million yuan.
Baoyi Group won PipeChina's 2026 annual safety valve centralized procurement project with the top comprehensive ranking, with a winning bid of RMB 2.5677 million including 13% VAT.
Qingdao Likang Food Packaging Technology won a public tender by Guangdong Yantang Dairy and its Jieyang subsidiary to supply aseptic packaging materials and related services for RMB 60.16 million. The award notice was published on September 9, 2026.
Hangzhou Fushang Valve began construction of its high-temperature, high-pressure valve smart manufacturing headquarters and R&D base in Hangzhou. The 100 million yuan project on 14.09 mu of land will produce 100,000 valve sets a year and is scheduled to start operations in December 2027.
RAPA officially opened its second plant at Jintan, Changzhou, Jiangsu, on September 2, 2026, after investing around 20 million euros, to produce motor-pump units for SERES.
展寄包装（宜昌）有限公司 won a competitive consultation tender from 湖北宏裕新型包材股份有限公司 to supply 200,000 standard three-layer corrugated cartons in Yichang, Hubei, for a total of 1,104,000 CNY.
Shandong Furuida Biotech and Mingren Furuida ran a tender for corrugated shipping and pharmaceutical packaging boxes, with several Shandong paper and packaging firms recommended as winning bidders. The notice was published on 26 August 2026.
Atlas Copco broke ground on a new Dalian factory in the Jinpu New Area, with about RMB 150 million investment on roughly 40,000 m2 of land. Completion is scheduled for late July 2027.
BAOYI Group ranked first in PipeChina's 2026 centralized procurement for safety valves and won the project with a bid value of RMB 2.5677 million including 13% VAT.
NUZHUO's new factories in Fuyang and Tonglu, Hangzhou, are nearing completion, with PSA oxygen/nitrogen, booster and pressure vessel production moving into them. The relocation is described as the company's largest capacity upgrade to date. The report is dated 15 August 2026.
Hunan Houhong Packaging ranked first in the re-tendered outsourcing contract for wooden strip boxes for Guangxi Zhenlong Printing and Packaging for 2026-2029. The annual volume covers about 10.6 million boxes for the Haiyun line plus smaller lines.
Ningbo BaoSi Energy Equipment's subsidiary acquired land use rights for a 157,604.54 sqm site in Jiangxi for RMB 18.4397 million for a new refrigerant compressor and heat pump production base, funded by a RMB 500 million capital injection.
Henan Jinmangguo Paper Products was named first-ranked candidate for a 2026-2028 carton procurement tender by Jiangsu Xinyuan Tobacco Sheet, with a bid of RMB 7,563,640 including tax.
Luda Technology Group signed a sales blanket agreement worth about RMB1.6 billion with Shandong Yulong Petrochemical to supply pipeline fittings for phase one of the Yulong Island Refining and Chemical Integration Project.
Zhejiang Niudun Fluid Control won a 2026-2028 framework tender from Juhua Group for bellows globe valves, worth 6.8134 million yuan, covering heat transfer oil and hydrogen fluoride service.
Baosi Co plans to inject 500 million yuan cash into its subsidiary Jiangxi Baosi Industrial Chain Service to build a smart factory in Jiangxi making 30,000 refrigerant compressors and heat pumps a year over 18 months.
Chinese listed company Boshi Co (博实股份) signed a commercial contract worth about 440 million yuan with Guoneng Xinjiang Chemical for five-year solid product packaging operation services, about 87.99 million yuan per year, announced July 21, 2026.
