This chapter reviews the development of China's EMI in 2016 from five aspects of industrial scale，economic operation，industrial structure，foreign economic and technological innovation. In 2016，China's EMI rebounded steadily and the industry operating efficiency is good，but the growth rate of investment dropped substantially. The frequent occurrence of enterprise independent innovation highlights，domestic technology has gradually become an important source. Automobile industry，electrical and electrical equipment industry has outstanding performance. In 2016，the import and export volume of China's equipment manufacturing industry continued to decline，the trade surplus decreased，and the cooperation in foreign investment increased. All localities increased the opening of the equipment manufacturing industry. At the same time，this chapter finds out that under the new normal context，China's equipment manufacturing industry's downtown pressure on the economy still exists，to resolve the overcapacity tasks，the high cost of production factors，enterprise financing is facing many problems. In the aspect of technological innovation，facing problems such as the allocation of innovative resources is scattered and inefficient，the channel of transformation of innovation achievements is not smooth，the construction of innovative service platform lags behind and “emphasis on entrepreneurship，ignoring innovation”. The equipment manufacturing industry faces many difficulties in the development of private enterprises. Such as small and medium-sized enterprise policy is still insufficient. “Zombie enterprises” face obstacles to disposal. The structure of import and export products still need to adjust. The foreign direct investment system is not perfect. The foreign investment there is not a small resistance. And there is a great resistance to foreign investment.