The Pressure of Construction Machinery Market will release - Part 1

This year, the overseas market development of construction machinery has achieved good returns. In the first five months of this year, the export quantity and export value of China's construction machinery products increased by more than 10% year-on-year, especially the export growth of high value-added products was strong. Among them, the export volume of crawler excavators and loaders increased by 13.9% and 29.3% respectively in the first five months, especially the new Energy engineering machinery products independently developed by China are particularly recognized by the international market.

Recently, nearly 700 international businessmen from nearly 100 countries and regions gathered in Liuzhou, Guangxi, and witnessed the release of more than 10 world leading domestic new Energy engineering machinery. At present, electric loaders, mining vehicles, excavators, cranes, bulldozers, etc. have started to enter the overseas market in bulk.

Su Zimeng, President of the China Construction Machinery Industry Association, stated that industry enterprises have increased their efforts to explore international markets, significantly increased their export volume, and further improved the quality of global services. Since the 14th Five Year Plan period, the internationalization of construction machinery industry enterprises has made breakthrough progress, global investment has been solidly promoted, and the proportion of overseas business in the overall business has steadily increased. The global marketing service network has become more sound, overseas training, logistics network, and spare parts supply system have been further strengthened, which has increased the market share, reputation, and competitive advantage of China's construction machinery in the international market.