China's Prime Mover Industry
2026-03-02 20:06:57
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Over the past decade, China's prime mover industry has accelerated its expansion
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Over the past decade, China's prime mover industry has accelerated its expansion overseas, transitioning from low-end product exports to a technology-driven, systematic global layout. Export volumes have continued to climb, with electromechanical product exports reaching $2.12 trillion in 2024. Notably, in November 2025, automotive engines exported 420,000 units, marking a year-on-year increase of 40.8%, demonstrating strong momentum. Southeast Asia, the Middle East, and Africa have become core growth markets. Companies such as Sinotruk and Weichai have seen over 30% growth in the African equipment market, with Yuchai engines exceeding 600,000 units in stock, deeply penetrating the global engineering and power generation sectors. Technologically, significant breakthroughs have been achieved. Yuchai and Weichai have fully passed the China VI emission certification, achieving a thermal efficiency exceeding 48%. The marine electronic control system independently developed by CSIC Power has obtained DNV cybersecurity certification, becoming the first domestically compliant 'power brain' to go global. The global debut of hydrogen fuel and e-CVT hybrid power systems has broken foreign monopolies. Policy dividends continue to be released, with the Regional Comprehensive Economic Partnership (RCEP) driving China's exports to member countries to reach RMB 6.9 trillion. The cumulative rules of origin have significantly reduced tariff costs, aiding companies in deepening their engagement with ASEAN. The industry is shifting from 'scale expansion' to 'compliant globalization + localized operations,' building a full-chain overseas ecosystem encompassing research and development, manufacturing, and service, marking China's prime mover industry's transition from 'manufacturing output' to 'standard leadership.'.
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shanghai caite international trade co.,ltd
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