This chapter introduces the international situation and trend of the electrical equipment industry in 2017，and analyzes the scale of development，the situation of operation，the composition of industry，the volume of trade，the level of technology and the existing issues about Chinese electrical equipment industry. In addition，it summarizes the issues，development prospects and suggestions for development. The analysis of the Chinese electrical equipment industry shows that the period of the development is steady growth and the market performance is active，but the profitability deteriorates. Although the technology of several products have achieved technological breakthroughs，the distance about the field of high-end technology and equipment between China and international advanced technology is significant. Therefore the Chinese electrical equipment industry will increase oversight for the industry，formulate industry development policies，strengthen the industry development planning，information collection and management，and promote the steady and healthy development of Chines electrical equipment industry.