China’s machinery and equipment sales account for one-third of the world’s total

Abstract According to the German "Der Spiegel" weekly report, due to China's economic prosperity, global machinery and equipment sales in 2012 set a new record. According to statistics, only China's machinery and equipment manufacturers achieved sales of 678 billion euros in 2012, an increase from 2011...
According to the German "Der Spiegel" weekly report, due to China's economic prosperity, global machinery and equipment sales in 2012 set a new record. According to statistics, only China's machinery and equipment manufacturers achieved sales of 678 billion euros in 2012, an increase of about 20% over 2011.

According to estimates by the German Machinery Manufacturers Association, global sales of machinery and equipment reached 2.25 trillion euros in 2012, an increase of 10% over 2011. Half of the world's machinery and equipment is produced in Asia, with sales of machinery and equipment in China equivalent to one-third of global machinery and equipment sales.

In 2012, US machinery and equipment sales were 333 billion euros, ranking second in the world; Japan (266 billion euros) ranked third; Germany ranked fourth, and its machinery and equipment sales were around 250 billion euros. Machinery sales across Europe accounted for almost one-third of global machinery sales.

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