Briefing on the economic operation of China's liquid and gas sealing industry in the first quarter of 2025

According to the statistical data of key contact enterprises of the China Liquid and Gas Sealing Industry Association: Since the beginning of the first quarter of this year, the production and operation status of Chinese liquid and gas industry enterprises has been positive, market expectations have improved, economic benefits have increased, and the production end has achieved rapid growth. The overall economic operation of the industry has shown a positive trend of stability and improvement. Some data are as follows:

1. The cumulative order amount has achieved rapid growth, and the market stabilization still needs to be consolidated

The cumulative order amount in the first quarter was 23.49 billion yuan, an increase of 8.7% year-on-year, an increase of 1.5 percentage points from the previous month. China's manufacturing PMI index (50.5) remained above the critical value, but the PMI of medium and small enterprises was 49.9 and 49.6 respectively, still below the critical value, and the manufacturing order backlog index was 45.6%, still below the critical value, and the stabilization trend of the domestic demand market still needs to be consolidated.

2. Cumulative export value increased, import value decreased

2.1From January to March, the cumulative export value of hydraulic, pneumatic and sealing products was US$1.59 billion, an increase of 8.6% year-on-year, and a decrease of 0.2 percentage points from the previous month.

2.2 From January to March, the cumulative import value of hydraulic, pneumatic and sealing products was US$1.31 billion, a decrease of 9.7% year-on-year, and the decline rebounded by 1.7 percentage points from the previous month.

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