China International Construction Machinery Layout

Online, October 23, 2013 (Newswire.com) - "China's construction machinery enterprises in the manufacturing sector have been able par excellent corporate world , who can do the international market who can come to the stage ." XCMG Group Chairman Wang Min said in Beijing recently . Economic growth and demand in the context of double down , China's construction machinery industry has begun to try a unique innovation and international development of the dual drive mode , open the future of the industry and look forward to a new situation .

16 by the China Construction Machinery Industry Association, the American Association of Equipment Manufacturers and other organizers of the global construction machinery industry 2013 50 Summit Conference held in Beijing . For more than 600 billion yuan output value of China 's construction machinery industry , the industry leader entrepreneurs believed that the traditional manufacturing escape the overcapacity and intense competition, the future of the industry is the vitality of technological innovation, and internationalization of Chinese enterprises will become the new growth point . " Industry overcapacity problem remains very serious ." One of the leading enterprises participants said , "This is mainly concentrated in the field of low-end products , such as excavators national production capacity could reach 60 million units, while global production was 200,000 units. However, some high-end products is obviously a shortage . "

By overcapacity and weak demand double impact of the construction machinery industry overall business situation is not ideal , an increasingly competitive industry . Data show that in 2012 the entire industry eight major categories Host sales fell by more than 20%.

Zoomlion new chairman and CEO , said Zhan , construction machinery industry in the global view, are a relatively traditional manufacturing overcapacity , but through innovative adjustment of product structure, increase market opportunities. Hitachi Construction Machinery Co., Ltd. President Yuichi Tsujimoto said the long-term trend of world economic growth slowed , the shock evident , with the Chinese construction machinery industry overcapacity, increased competition , but will fight fire to the international market, the future competition will be more intense.