1. China's manufacturing PMI returns to expansion zone

The February 2025 China Manufacturing Purchasing Managers' Index (PMI), released on March 1, stood at 50.2%, up 1.1 percentage points from the previous month, indicating a significant improvement in manufacturing business vitality. Analysts noted that expectations of economic recovery have boosted market confidence in industries such as machine tools and engineering machinery. The banking sector has strengthened due to expectations of lower corporate bad debt rates, while the recovery in consumer demand may drive growth in the machine tool industry.

2. Supply chain fluctuations affect machine tool chip delivery

A global shortage of silicon carbide (SiC) power components has led to extended delivery times for some high-end machine tools, exceeding six months. Manufacturers are accelerating domestic replacement.

3. Three national standards for additive manufacturing metal powders

Three national standards, including GB/T 44239-2024 'Aluminum Alloys Powder for Additive Manufacturing' and GB/T 44237-2024 'Packaging, Marking, Transportation and Storage of Metal Powders for Additive Manufacturing', officially took effect on March 1, promoting standardized development of the industry.

4. China's additive manufacturing revenue grows 25% in 2024

According to a previous report, China's additive manufacturing revenue is expected to exceed 50 billion yuan in 2024, a year-on-year increase of 25%. Exports have maintained growth of over 50% for two consecutive years. In the medical field, 43 additive manufacturing medical devices have obtained national pharmaceutical regulatory registration. In the consumer electronics sector, 10 million 3D-printed mobile phone hinges are produced annually, demonstrating the continuous expansion of application scenarios.