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International News From the Field: China's Trade in Transition

Apr 07, 2026

China's economy grew 5% year over year in 2025, reaching a GDP of approximately $19.5 trillion, according to China’s National Bureau of Statistics. Manufacturing investment contributed to that growth, with secondary industry investment rising 2.5%, even as fixed-asset investment overall declined. Heading into 2026, China's manufacturing PMI for March came in at 50.4, above the 50-point threshold that separates expansion from contraction, with high-tech manufacturing leading at 52.1, followed by equipment manufacturing at 51.1 and consumer goods at 50.8.

On the trade side, China's total goods trade reached $6.35 trillion in 2025, up 3.2% year over year. Exports grew 5.5% to $3.77 trillion, while imports held roughly flat at $2.58 trillion. ASEAN (Association of Southeast Asian Nations) remained China's largest trading partner, with over $1 trillion in total trade, followed by the European Union at $828 billion. The United States came in third at $559 billion, though bilateral trade between the two countries fell sharply, down 18.7% overall, with Chinese exports to the U.S. declining 20%. By contrast, trade with African partners grew 18.4%, and commerce with countries along the Belt and Road initiative reached $3.3 trillion, up 6.3%.

At the project level, several recently announced investments reflect continued momentum in high-priority sectors:

  • In robotics and automation, Ying Te Wei Sci & Tech in Weifang, Shandong, is investing in a new facility to manufacture embodied robots, with an annual production target of 3,000 units. In Ningbo, Shu Sheng Sci & Tech is committing capital to a project spanning bio-robots, drones, and lightweight components, with an R&D focus.

  • In Xuancheng, Anhui, Yiji CNC Machine Tools Co. Ltd. will manufacture CNC machine tools, with an annual capacity of 9,950 units and 2,000 industrial robots.

  • In the electric vehicle components industry, Zhejiang Wansai Automotive Parts in Jinhua is building a facility for EV braking systems, with a targeted annual output of 10 million units. A separate project by Wuhu Xilin New Momentum Sci & Tech is investing in machining and measuring equipment to produce EV compressors, targeting an annual output of 500,000 units.

  • In semiconductors, Xinlei Semiconductor Sci & Tech in Suzhou will manufacture optoelectronic components, targeting an annual output of 300,000 kits.

  • AMT – The Association For Manufacturing Technology is leading a group of exhibitors to CCMT 2026 (China CNC Machine Tool Fair) in Shanghai from April 21-25. The show, held at the Shanghai New International Expo Centre, will feature more than 2,000 exhibitors from 27 countries and regions across approximately 2 million square feet of exhibition space.


For more information, please contact Fred Qian at fredqian@AMTchina.org, and to learn how to take advantage of these opportunities, click here.

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Author
Fred Qian
General Manager - Shanghai Technology and Service Center of AMT
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