From the analysis on economic situation at home and abroad，it is expected that the development of equipment manufacturing industry will keep stable with the expansion of the scale of the industry. But the growth rate of revenue and profit will be lower than before. In future，equipment manufacturing industry should be developed in a new comprehensively high-quality way，which regards the unbalanced and insufficient development as the main contradiction，focuses on the reform of the supply side and adheres to the concept of innovation development. In 2017，the equipment manufacturing industry played an active part in venture capital，IPO and M&A markets. There will be good investment prospects for the industry in the fields of rail traffic，new energy，delivery UAV，excavator and so on. However，it is important for the industry to prevent the risks from government policy，market，human resource，administration，financial instruments and other aspects.