LATEST
外 Waitan Ludi Policy Terminal China industrial-policy monitor · updated 2026-10-25

Sector radar / Machine tools

Machine tools rank 11 of 16 (range 6–15 under random weights) · evidence thin · set precision 10/10

Sector brief: what Chinese policy is doing in this sector, how it treats foreign firms, who is named, and what China sells abroad. Every figure links to its documents. Goods: Metal-working machine tools and parts (8456-8461, 8466).

Policy momentum -0.31Provincial spread -0.82Money +2.72Local preference -1.02Substitution -0.64Export growth -0.06Exports to EU, growth -0.41EU share -0.78Export / import -0.50EU dependence -0.50
20
Documents, last 24 months
momentum 0.72× · central 7, provincial 8, city 5
8
Provinces active (36 m)
Beijing, Hebei, Shanghai, Jiangsu, Zhejiang, Guangdong …
26
Documents with money measures
79% of 33
0
Local-preference documents
0% · 0 name foreign-owned firms
$8.5bn
China's exports, 2025
13% a year since 2019
14%
to the EU-27
$1.1bn · 7% a year
21%
China's share of EU imports, 2025
9 points since 2019 · €1bn
1.4×
Exports per $ imported
imports $6.2bn
0 / 0
Start / end in 12 months
EU countervailing cases held: 0

Next five years: named in 6 of the 15 15th Five-Year Plan outlines held (2.0 mentions per 100k characters), against 3 of 7 14th-plan outlines (1.2): 1.6× as dense; up in 1 and down in 1 of the 4 places with both. Heilongjiang: “开展电主轴等数控机床关键环节集中攻关,发展立式、卧式等高精度高性能工业母机。” (outline) Plan watch.

Reading, by audience

Risk and trade policyPolicy output on machine tools is slowing relative to the rest of the corpus (20 documents in 24 months, in 8 provinces). China exported $8.5bn of these goods in 2025, +13% a year since 2019; 14% went to the EU-27 (+7% a year). From the EU side, China supplied 21% of the EU's imports of these goods from outside the EU in 2025 (+9 points since 2019). No EU countervailing case held on these goods.
Compliance and legal0 of 33 documents (0%) carry a provision or condition that favours local or Chinese firms or production. 0 sector measures come into force and 0 expire in the next 12 months.
Investors26 documents (79%) carry a fiscal or financial support measure. 4 firms are named on lists in these documents. Listed groups report government grants: Zoomlion RMB 602m (2024).
ResearchSector set: 29 documents whose title names the sector, plus 20 in its topic tree (33 together). Measures and preference are keyword and model screens: leads to check against the text. Momentum is relative to the corpus, which reduces but does not remove the effect of uneven collection.
Topic tree: machinetools → Exposure check for this sector → Subsidy file (anti-subsidy headings) → Ask the evidence about this sector ↗ All sectors → Subscribe (Atom) JSON Print brief

Documents per year

CentralProvincialCityCounty
051015131415161718192021222324252606

Documents held, so collection shapes the curve; the momentum ratio is relative to the corpus.

China's exports, USD bn

WorldEU-27US
$0$2.0bn$4.0bn$6.0bn$8.0bn$10bn2019202020212022202320242025World $8.5bnEU-27 $1.1bn
Headingworldgrowth/yrEU-27EU since 2023share of EU imports
Laser and EDM machine tools 8456$2.6bn15%$471m 32% 40%
Machining centres 8457$1.1bn25%$83m 37% 8%
Lathes 8458$792m8%$73m -19% 7%
Drilling and milling machines 8459$639m11%$80m 20% 40%
Grinding machines 8460$620m12%$71m 43% 19%
Planing, gear-cutting, sawing machines 8461$533m8%$46m 7% 26%
Machine-tool parts 8466$2.2bn10%$322m 6% 21%

EU price and volume: imports from China €7.48/kg against €11.36/kg from other suppliers in 2025 (-34%; -60% in 2023). Volume since 2023: China 21%, others 32%.

Central → local: who restated the sector's central documents

DateCentral documentprovincesmedian lag
2023-09-12关于提高集成电路和工业母机企业研发费用加计扣除比例的公告
Announcement on Increasing the Rate of Additional Tax Deduction for Research and Development Expenditure of I…
财政部公告2023年第44号
4561 d trace →
2025-03-05工业和信息化部 国家发展改革委 财政部 税务总局关于2024年度享受研发费用加计扣除政策的工业母机企业清单制定工作有关事项的通知
Notice from the Ministry of Industry and Information Technology, the National Development and Reform Commissi…
工信部联通装函〔2025〕64号
421 d trace →
2023-07-17财政部 税务总局关于工业母机企业增值税加计抵减政策的通知财税〔2023〕25号 4765 d trace →
2024-02-08四部门关于开展2023年度享受研发费用加计扣除政策的工业母机企业清单制定工作的通知
Notice from Four Departments on the Compilation of the List of Industrial Machine Tool Enterprises Eligible f…
工信部联通装函〔2024〕60号
336 d trace →
2025-08-11关于开展2025年度享受增值税加计抵减政策的工业母机企业清单制定工作的通知工信部联通装函〔2025〕198号 221 d trace →
2024-03-21关于做好2024年享受税收优惠政策的集成电路企业或项目、软件企业清单制定工作有关要求的通知
Notice on the Requirements for Compiling the List of Integrated Circuit Enterprises or Projects and Software …
发改高技〔2024〕351号
132 d trace →
2024-08-01三部门关于2024年度享受增值税加计抵减政策的工业母机企业清单制定工作有关事项的通知
Notice from Three Departments on Matters Relating to the Compilation of the List of Machine Tool Manufacturer…
工信部联通装函〔2024〕233号
112 d trace →
2023-09-11三部门关于2023年度享受增值税加计抵减政策的工业母机企业清单制定工作有关事项的通知
Notice from Three Departments on Matters Relating to the Compilation of the List of Machine Tool Manufacturer…
工信部联通装函〔2023〕245号
1224 d trace →

Across all State Council directives the median lag to a province's implementing document is about 151 days (middle half 84–259).

Where in China

Provincedocuments (36 m)leanswith moneyfavouringlocal-only programmes
Zhejiang4×4.620 3% of 417 exposure →
Beijing3×2.930 13% of 100 exposure →
Shanghai3×1.430 15% of 620 exposure →
Jiangsu2–20 6% of 141 exposure →
Guangdong2–10 0% of 67 exposure →
Shaanxi1–00 2% of 265 exposure →
Hebei1–10 6% of 18 exposure →
Ningxia1–10 2% of 50 exposure →

Latest central documents

2026-03-30工业和信息化部 国家发展改革委 财政部 税务总局关于2025年度享受研发费用加计扣除政策的工业母机企业清单制定工作有关事项的通知
notice · Ministry of Industry and Information Technology; National Development and Reform Commission; Ministry of Finance; State Taxation Administration
2026-03-30工业和信息化部 国家发展改革委 财政部 税务总局关于2025年度享受研发费用加计扣除政策的工业母机企业清单制定工作有关事项的通知
notice · Ministry of Industry and Information Technology; National Development and Reform Commission; Ministry of Finance; State Taxation Administration
2025-08-11关于开展2025年度享受增值税加计抵减政策的工业母机企业清单制定工作的通知
notice · Ministry of Industry and Information Technology; Ministry of Finance; State Taxation Administration
工信部联通装函〔2025〕198号
2025-07-01国家标准委工业和信息化部关于印发《工业母机高质量标准体系建设方案》的通知
notice issuing a plan · 国家标准委工业和信息化部
国标委联〔2025〕35号
2025-03-27关于做好2025年享受税收优惠政策的集成电路企业或项目、软件企业清单制定工作的通知
Notice on the Preparation of the List of Integrated Circuit Enterprises or Projects and Software Enterprises …
发改高技〔2025〕385号
2025-03-05工业和信息化部 国家发展改革委 财政部 税务总局关于2024年度享受研发费用加计扣除政策的工业母机企业清单制定工作有关事项的通知
Notice from the Ministry of Industry and Information Technology, the National Development and Reform Commissi…
工信部联通装函〔2025〕64号
2025-03-05关于2024年度享受研发费用加计扣除政策的工业母机企业清单制定工作有关事项的通知
notice · Ministry of Industry and Information Technology; National Development and Reform Commission; Ministry of Finance; State Taxation Administration
2024-08-01三部门关于2024年度享受增值税加计抵减政策的工业母机企业清单制定工作有关事项的通知
Notice from Three Departments on Matters Relating to the Compilation of the List of Machine Tool Manufacturer…
工信部联通装函〔2024〕233号

Latest local documents

2026-09-15北京市经济和信息化局关于开展2026年度享受增值税加计抵减政策的工业母机企业清单制定工作的通知
Notice from the Beijing Municipal Bureau of Economy and Information Technology on the Compilation of the List…
Beijing Municipal Bureau of Economy and Information Technology
2026-05-08北京市经济和信息化局关于2026年北京市集成电路和软件企业享受税收优惠政策有关事项的通知
Notice from the Beijing Municipal Bureau of Economy and Information Technology on Matters Relating to Tax Inc…
Beijing Municipal Bureau of Economy and Information Technology
2026-04-14关于2025年东莞市提升工业母机产品高精密加工能力奖励项目入库名单及资助计划的公示
public notice · Dongguan Municipal Bureau of Industry and Information Technology
2026-02-26陕西省科学技术厅关于征集秦创原产业创新聚集区(先进技术、工业母机、精细化工)“四链”融合项目的通知
notice · 陕西省产业创新处
2025-09-01宁夏回族自治区工业和信息化厅关于推荐2025年度享受增值税加计抵减政策的工业母机企业名单的函
letter · Ningxia Autonomous Region Department of Industry and Information Technology
2025-08-20北京市经济和信息化局关于开展2025年度享受增值税加计抵减政策的工业母机企业清单制定工作的通知
notice · Beijing Municipal Bureau of Economy and Information Technology
2025-03-26上海市经济和信息化委员会关于开展国家2024年度享受研发费用加计扣除政策的工业母机企业清单制定工作的通知
Notice from the Shanghai Municipal Commission of Economy and Information Technology on the Compilation of the…
Shanghai Municipal Commission of Economy and Information Technology
2025-03-26上海市经济和信息化委员会关于开展国家2024年度享受研发费用加计扣除政策的工业母机企业清单制定工作的通知
Notice from the Shanghai Municipal Commission of Economy and Information Technology on the Compilation of the…
上海市经济信息化委
2025-03-26广州市工业和信息化局关于做好2024年度享受研发费用加计扣除政策的工业母机企业清单制定工作的通知
notice · Guangzhou Municipal Bureau of Industry and Information Technology
2025-03-24关于2024年度享受研发费用加计扣除政策的工业母机企业清单制定工作的通知
notice · Nanjing Municipal Bureau of Industry and Information Technology

Measures

MeasureGroupFoundchecked precision
Tax reliefFiscal and financial support2680%
Capital grantFiscal and financial support170%
First-of-a-kind supportFiscal and financial support1100%
Import duty relief on inputsTrade and foreign investment1not checked
Guidance fund / state equityFiscal and financial support150%

Precision from the Data page: samples of ten, checked by the AI assistant; a human-coded sample is still to come.

Money on the table

北京市经济和信息化局关于开展2026年度享受增值税加计抵减政策的工业母机企业清单制定工作的通知 2026-09-15 · Tax relief
一、本通知所称清单是指《财政部 税务总局关于工业母机企业增值税加计抵减政策的通知》(财税〔2023〕25号)中提及的享受增值税加计抵减政策的先进工业母机主机、关键功能部件、数控系统企业清单。
北京市经济和信息化局关于2026年北京市集成电路和软件企业享受税收优惠政策有关事项的通知 2026-05-08 · Tax relief
享受2026年北京市集成电路和软件企业所得税优惠政策的企业,请联系主管税务机关提交资料。
宁夏回族自治区工业和信息化厅关于推荐2025年度享受增值税加计抵减政策的工业母机企业名单的函 2025-09-01 · Tax relief
附件:1.2025年度享受增值税加计抵减政策的工业母机企业名单
北京市经济和信息化局关于开展2025年度享受增值税加计抵减政策的工业母机企业清单制定工作的通知 2025-08-20 · Tax relief
一、本通知所称清单是指《财政部税务总局关于工业母机企业增值税加计抵减政策的通知》(财税〔2023〕25号)中提及的享受增值税加计抵减政策的先进工业母机主机、关键功能部件、数控系统企业清单。
关于开展2025年度享受增值税加计抵减政策的工业母机企业清单制定工作的通知 2025-08-11 · Tax relief
一、本通知所称清单是指财税〔2023〕25号文中提及的享受增值税加计抵减政策的先进工业母机主机、关键功能部件、数控系统企业清单。
关于做好2025年享受税收优惠政策的集成电路企业或项目、软件企业清单制定工作的通知 2025-03-27 · Tax relief
申请享受《若干政策》第(一)、(三)、(六)、(七)条提及的税收优惠政策,财关税〔2021〕4号文提及的关税优惠政策,以及《公告》提及的研发费用加计扣除政策的,可于汇算清缴结束前,从信息填报系统中查询是否列入清单。

Rules that favour local or Chinese firms

No favouring provisions screened.

Coming into force (12 months)

No in-force date in the next 12 months.

Expiring (12 months)

No end date in the next 12 months.

Firms named most often

Listed groups: reported government grants

GroupYearRMB m
Zoomlion 01157.HK2024602

From the annual report's notes, page linked; unreviewed.

How this sector is defined

29 documents whose title matches 机床|工业母机, plus 20 in the topic tree machinetools; 33 together. Goods: HS 8456, 8457, 8458, 8459, 8460, 8461, 8466. Measures and preference provisions are screen output; open each document for the clause.