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The added value of China's equipment manufacturing industry accounts for 28% of the national industry
Since the founding of New China, China's equipment manufacturing industry has made considerable progress and formed a relatively complete industrial system. In 2008, the added value of China's equipment manufacturing industry accounted for 28% of the national industry. The number of mining equipment increased from 0.07 million tons in 1949 to 2.51 million tons in 2008; the metallurgical equipment increased from 0.02 million tons in 1950 to 703,000 tons; the power generation equipment increased from 0.2 million kilowatts in 1951 to 13.343 million kilowatts in 2008. . The level of equipment technology and localization rate have increased significantly. The localization rate of 10 million tons of oil refining equipment has reached 90%. 300,000 tons of synthetic ammonia and 520,000 tons of urea complete sets of equipment have achieved localization. The hydropower equipment production technology has been increased from a stand-alone capacity of 300,000 kilowatts to 700,000 kilowatts, and 500,000 volt DC transmission and transformation equipment has been domestically produced. Nissan Cement's 4,000 to 6,000-ton production line has achieved a domestic production rate of 90%. Some electrolytic aluminum, copper smelting, lead smelting, zinc smelting and other production processes have gradually advanced into the world.