Abstract: The operation situation of superabrasives industry is briefly analyzed according to 11 tables and 19 figures, which cover some data of Chinese macro economy, the main indexes of the industry, the productions, imports and exports of superabrasive, and the annual reports of listed companies in 2016.It is found that indexes of the industry, such as total productivity, industrial added value, total profit and export data, all decrease continuously and yet they are worse than those of macro economy.These indicate that innovating and upgrading is of great emergence.However, some companies have developed new technologies and markets, which makes them realize exceptional increases, even more than 10%.They have laid a solid foundation for further development, as well as set good examples for the industry.Most enterprises have experienced a tough structural adjust, and now they are ready for another glory.