According to the latest VDMA Business Climate Survey China the Chinese affiliates of the VDMA member companies, in spring 2017, consider their business even more positively than in spring of this year. However, the expectations have slightly decreased. Since 2016, the VDMA has been surveying top executives of the Chinese affiliates twice yearly and thereby capturing their mood and expectations.
Worldwide machinery turnover is developing more positively than expected. A price-adjusted turnover growth of 6 percent is now expected for 2017. In 2018, the increase in the sector is predicted to be 4 percent.