China Machinery and Equipment Tenders

The China Machinery and Equipments (M&E) market is one of the largest and fastest-growing in the world. In 2021, the market was worth over USD 1.6 trillion and is expected to grow at a CAGR of over 8% until 2025. The growth is being driven by a number of factors, including strong domestic demand, increasing urbanization, and government investment in infrastructure development.

The Chinese government is the largest procurer of machinery and equipment in the world. In 2021, the government procured over USD 500 billion worth of M&E. The government procures a wide range of M&E products and services, including machinery for manufacturing, construction, and agriculture, as well as equipment for power generation, transportation, and telecommunications.

The main M&E products and services procured by the Chinese government include:
Machinery for manufacturing: CNC machines, robots, welding machines, etc.
Machinery for construction: excavators, cranes, bulldozers, etc.
Machinery for agriculture: tractors, harvesters, irrigation systems, etc.
Equipment for power generation: turbines, generators, boilers, etc.
Equipment for transportation: locomotives, ships, aircraft, etc.
Equipment for telecommunications: base stations, routers, optical fiber cables, etc.

The top authorities for M&E procurement in China include:
The Ministry of Industry and Information Technology (MIIT)
The Ministry of Commerce (MOFCOM)
The Ministry of Finance (MOF)
The National Development and Reform Commission (NDRC)

The top winners of M&E procurement in China include:
China National Machinery Corporation (CNM)
China National Heavy Machinery Group Corporation (CHMC)
China National Building Materials Group Corporation (CNBM)
China State Shipbuilding Corporation (CSSC)
China Electronics Corporation (CEC)

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