Chinese electrical machinery industry

2026-04-16 19:20:37

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The Chinese electrical machinery industry has accelerated its overseas expansion

The Chinese electrical machinery industry has accelerated its overseas expansion in the past decade, moving from 'product export' to a new stage of 'technology+production capacity+service' global layout. In 2025, the export value of electrical machinery and equipment will reach 1.61 trillion yuan, a year-on-year increase of 6.3%; The scale of power equipment going global increased by 22.2% year-on-year, with transformers, energy storage systems, and photovoltaic inverters becoming the core growth poles. Emerging markets (Asia, Africa, Latin America, and the Middle East) contribute over 65% of export share, while high-end markets in Europe and America have achieved technological breakthroughs. For example, Huawei Digital Energy won the bid for Saudi Arabia's 1300MWh world's largest off grid energy storage project, Sunac's overseas revenue accounted for 58%, and CATL's overseas market share for power batteries reached 30%. Chint Electric has established 26 manufacturing bases and over 30 subsidiaries worldwide, building a localized network covering more than 140 countries; Huaming Equipment has built factories in Indonesia and Türkiye to realize the technology of UHV tap changer going to sea. At the policy level, the 'the Belt and Road' promotes the coordination of standard output and EPC general contracting. Chongren County transformers are exported to nearly 50 countries. China Sinosure and Ningde Times cooperate to ensure the safety of overseas assets. The industry is shifting from 'price competition' to 'full chain value output', creating a global 'neural network' for a new type of power system.


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