China’s Construction Machinery Industry Enters Structural

 BEIJING, April 21, 2026 — Driven by policy support, domestic demand recovery and the resonance of overseas demand, China’s construction machinery industry officially entered a period of structural recovery in 2026. The industry as a whole has shown distinct characteristics of “steady growth in domestic demand and sustained high growth in exports”, marking the end of the cyclical downturn in previous years and the industry’s entry into a new stage of high-quality development.