Based on statistics and compiled data from the China Machine Tool & Tool Builders' Association (CMTBA), the key operating indicators of China's machine tool industry for January–February 2026 are summarized below.
The total operating revenue of the entire machine tool industry reached 159 billion yuan, a year-on-year increase of 12.4%. Among them, the metal cutting machine tool sub-industry grew by 15.3% year-on-year, and the metal forming machine tool sub-industry rose by 13.3% year-on-year.
New orders for metal processing machines increased by 3.8% year-on-year, and backlog orders rose by 7.7% year-on-year.
The output of metal cutting machines from enterprises above designated size nationwide was 125,000 units, up 4.2% year-on-year; the output of metal forming machines was 25,000 units, also up 4.2% year-on-year.
Total import and export volume of machine tool products was 5.64 billion USD, a year-on-year increase of 15.8%. Of this total, imports amounted to 1.55 billion USD, up 4.6% year-on-year, and exports reached 4.09 billion USD, up 20.7% year-on-year.
Metal cutting machine tools: imports 710 million USD (up 0.6% year-on-year), exports 1.04 billion USD (up 16.9% year-on-year).
Metal forming machine tools: imports 90 million USD (down 1.9% year-on-year), exports 610 million USD (up 13.1% year-on-year).