In 2025, the global new shipbuilding market continues the wave of green transformation, and the proportion of orders for alternative fuel vessels in the first two months has reached a historical high. China's shipbuilding industry holds a dominant position in the field of green ships. In February, it undertook 73.2% of the global orders for new alternative fuel vessels, continuously consolidating its leading position in the global shipbuilding industry.

According to the latest statistical data from Clarkson, among the total 123 new ship orders with a total deadweight of 6.8 million tons globally from January to February this year, as many as 70 vessels with a total deadweight of 5.1 million tons are alternative fuel vessels, accounting for 75.2%. This proportion exceeds the 48.4% for the whole of last year and is also higher than the 54.3% for the whole of 2022, which set a historical record at that time. Calculated by the order value, the total global investment in new shipbuilding from January to February is 13.8 billion US dollars, and the order value of alternative fuel vessels is 9.8 billion US dollars (approximately 71.13 billion yuan), a year-on-year decrease of 48%, and the proportion reaches 71.5%.

Recently, the world's first 700-megawatt ultra-supercritical circulating fluidized bed (CFB) coal-fired power unit, supplied and developed by Dongfang Electric, was successfully connected to the grid at Yunneng Honghe Power Plant, officially entering the trial operation phase. This marks a significant breakthrough for China in the field of clean coal power technology.

The project features three major independently developed core components by Dongfang Electric: the boiler, steam turbine, and generator. The boiler adopts advanced ultra-supercritical circulating fluidized bed power generation technology, offering advantages such as large single-unit capacity, cutting-edge power generation technology, high efficiency, and outstanding energy-saving and environmental benefits.

In order to further strengthen industry exchanges and cooperation and promote the sustainable and healthy development of China's foundry industry, the China Foundry Association is scheduled to hold the "21st Annual Meeting of China Foundry Association" in Tianjin from May 17th to 20th, 2025.

On February 21, Xin Guobin, member of the Party Group and Vice Minister of the Ministry of Industry and Information Technology (MIIT), chaired the 13th Workshop on Manufacturing Enterprises. The event focused on deeply studying and implementing the spirit of General Secretary Xi Jinping's important speech at the Private Enterprise Symposium, carrying out the deployments of the Central Economic Work Conference and the National Conference on Promoting New-Style Industrialization. It aimed to accelerate the development of the robot industry, forge new drivers for high-quality development, and solicit enterprises' presentations on operational situations and suggestions for improvement.

The 21st India International Foundry Expo 2025 will be held in Kolkata, India, from February 7-9, 2025, alongside the 73rd Foundry Conference. India is the world’s third-largest producer of castings, and the event serves as an important platform for showcasing and exchanging knowledge in the foundry industry, both domestically and internationally.

On January 21, the State Council Information Office held a press conference on the "Achievements of China's High-Quality Economic Development" to announce the results of the country's industrial economy's high-quality development for 2024.

Industrial value-added increased by 5.8%, up 1.2 percentage points from 2023. The number of large industrial enterprises reached 512,000, a 6.1% rise from the end of 2023. Total industrial value was 40.5 trillion yuan, with China’s manufacturing sector remaining the world’s largest for 15 years.

In 2024, a total of 201,131 excavators were sold, a year-on-year increase of 3.13%. Of this, 100,543 units were sold domestically, a year-on-year increase of 11.7%, while exports totaled 100,588 units, a year-on-year decrease of 4.24%.

The launch ceremony for FAW Jiefang’s 6DV Super Factory and the first hydrogen engine was held on December 5th in Dalian, Liaoning. The newly unveiled CA6HV3 hydrogen engine has a maximum power output of 460 horsepower, making it the most powerful hydrogen engine in China.

The CA6HV3 hydrogen engine is the first heavy-duty commercial vehicle hydrogen engine with direct cylinder injection, independently developed by FAW Jiefang Automotive Co., Ltd. (FAW Jiefang). It can deliver a maximum output of 460 horsepower and a peak torque of 2100 Nm. The engine can efficiently burn gray hydrogen with a purity of 90%, achieving zero carbon emissions.

To further implement the spirit of documents such as the Guiding Opinions on Promoting High-Quality Development of the Foundry and Forging Industries and the Interim Measures for Promoting the Development of Small and Medium-Sized Enterprises in Characteristic Industry Clusters, the 9th China Foundry Industry Cluster Annual Conference and High-Quality Development Experience Exchange Meeting was held on December 6, 2024, in Zhenghe County, Fujian Province. The event aimed to promote the experience of high-quality development in industry clusters, establish a platform for communication, and guide the foundry industry clusters to implement national policies, fostering standardized, large-scale, green, and intensive development.

On November 12, 2024, the 10th BRICS Foundry Industry High-Level Forum was held in Yekaterinburg, Russia. 

Leaders of foundry industry organizations from BRICS countries, along with a considerable number of distinguished guests, gathered to engage in discussions on recent developments in the foundry industries of BRICS nations,the admission of new members to BRICS, and other related topics.