Three Powers Boost Chinese Construction Machinery Industry

The Global Construction Machinery Industry Conference co-sponsored by the China Construction Machinery Industry Association and the American Equipment Manufacturers Association, the Japan Construction Machinery Industry Association, and the Korea Construction Machinery Industry Association will be held during the 11th Beijing BICES Exhibition. The theme of the conference will be “Opportunity, integration, and response” will focus on topics such as “Future Opportunities for China and the Global Construction Machinery Industry”, “How China's and Global Construction Machinery Industry Deeply Integrate, Collaborative Development, and Common Growth” and other topics will be held during the same period. Summit and Global Mine Equipment Summit.

Construction machinery is a general term for construction machinery used for engineering construction and is widely used in construction, water conservancy, power, roads, mines, ports, and defense and other engineering fields. "Over the past 10 years, China's construction machinery industry has achieved a leap-forward development." Jun Jun, president of the China Construction Machinery Industry Association, said that in 2010 China's construction machinery industry exceeded 400 billion yuan, sales of main products increased by 61.63% year-on-year. Reached 10.34 billion U.S. dollars.

At present, China has surpassed the United States, Japan, and Europe to become the world's largest market for construction machinery. Insiders believe that this means good investment opportunities for investors.

Market development prospects Large-scale infrastructure construction, the development of national strategic emerging industries, will directly drive the construction machinery market to continue to develop.

During the “Twelfth Five-Year Plan” period, a steady and progressive China economy will provide an important and continuous driving force for the development of the construction machinery industry. Benefiting from this, coupled with the continuous improvement of the company’s innovation ability and comprehensive competitiveness, China’s construction machinery industry will continue to remain high. run. "Jun Jun said that in 2011, China's construction machinery industry will achieve a 17% growth in sales revenue, export growth will reach 25%, industry exports will be fully restored to the level before the international financial crisis. The "12th Five-Year Plan" is expected. At the end of the year, the sales volume of construction machinery in China will reach 900 billion yuan, and the export volume will exceed 26 billion US dollars.

Some people in the industry believe that there are three major policy drivers affecting the demand for the construction machinery industry.

First, affordable housing projects are one of the important driving forces for the development of the construction machinery industry. In February 2011, the Ministry of Housing and Urban-Rural Development and the provinces, autonomous regions, municipalities directly under the Central Government, and separately listed cities signed the “Responsibility Letter for Guaranteed Housing Objectives,” and it is required to complete the construction of 10 million sets of affordable housing this year. According to the data from the Ministry of Housing and Urban-Rural Development, the scale of affordable housing projects in 2010 reached 5.8 million units and the investment exceeded 800 billion yuan. In 2011, 10 million sets of affordable housing projects were constructed, and new investments exceeded 600 billion yuan. Based on this calculation, the investment in affordable housing projects in 2011 may reach 1.4 trillion yuan.

Second, railway investment will exceed RMB 3 trillion, which is also an important driving force for construction machinery. The “12th Five-Year Plan” of China’s comprehensive transport system shows that during the “Twelfth Five-Year Plan” period, a 40,000-kilometer rapid rail network will be built, and it is expected that the railway investment will reach 3.5 trillion yuan during the “12th Five-Year Plan” period.

In addition, investment in water conservancy construction will have 4 trillion yuan in the next 10 years, which is the third largest driving force for the development of construction machinery industry. Due to the consideration of “three rural issues” development, energy conservation and emission reduction, experts predict that the focus of China's infrastructure investment in fixed assets will shift from railways and highways to water conservancy construction in the next 10 years.

According to industry sources, fixed asset investment increased by 25.4% from January to April in 2011, of which fixed asset investment was 291.151 billion yuan in April, an increase of 1.42% year-on-year, which changed the decline in the growth rate of fixed asset investment, mainly in the tertiary industry. With an increase of 26.50%, road traffic increased by 23.60% over the same period of last year. With the further investment in water conservancy construction, it also brought new demand for construction machinery.

Enterprise innovation continuously upgrades the rapid development of the construction machinery market and promotes the growth and improvement of construction machinery manufacturing enterprises in China.

“With the rapid increase in scale and quality, China’s construction machinery companies are constantly making rapid advances in product, technology, and innovation capabilities.” Jun Jun said that through independent innovation and the introduction, digestion, and absorption of advanced technologies, a large number of self-owned knowledge The property rights and leading technology products have been introduced to the market, especially in the research and development of large-scale, high-end and intelligent engineering machinery products. China's construction machinery companies have continuously achieved major breakthroughs, such as 2,000 tons of crawler cranes, 1,600 tons of crawler cranes, 500 tons, and 800 tons. Tons and 1200 tons of all-terrain cranes, 510 hp bulldozers, 12 tons of loaders, 46 tons of forklifts, the fourth generation of road machinery, the world's longest boom concrete pump truck, the world's largest horizontal boom slewing D5200-240 tower Cranes and other products, these products not only become a high-level representative of China's equipment manufacturing industry, but also broke the large and very large engineering machinery products rely on imports of the situation.

Over the years, the construction machinery industry has achieved significant results in the transformation of growth modes and the upgrading of development models. The industrial structure has been further optimized. From simple scale growth and market-driven development in the past to a value-driven growth, the overall competitiveness of the company has been enhanced.

According to statistics, the rapid development of China's construction machinery industry has enabled the company's strength to continue to increase. In the "China Construction Machinery" magazine's new "2011 Top 50 Global Construction Machinery Manufacturers" list, 10 Chinese companies are on the list. Among them, China's largest company in the construction machinery industry, XCMG, is ranked globally. 7th place.

In recent years, while the scale of XCMG continues to expand, the technological innovation capability has been rapidly advancing by leaps and bounds. A group of all-terrain cranes representing the world's advanced level of 500 tons, 1000 tons, 1200 tons, 2000 tons of crawler cranes, The 12-ton class China's largest large-scale loader, the 88-meter tallest high-altitude fire engine in Asia, and the fourth-generation all-intelligent road surface equipment were born in Xugong. In this regard, Yang Dongsheng, vice president of XCMG Construction Machinery Co., Ltd., said that China's construction machinery companies must not only have a world-class scale, but also have world-class strength.

Jun Jun believes that, regardless of the development of the construction machinery industry and the market, or from the perspective of global industrial operations, China's construction machinery industry is in a historic window period; in the next 5 to 10 years, China's construction machinery enterprises will fully integrate into the world. An important period of common development with the world. Therefore, we must take scientific development as the theme, speed up the transformation of development methods as the main line, and vigorously promote adjustment, transformation, and innovation and upgrading strategies. Through the development of high-end, large-scale, intelligent construction machinery and key supporting system areas, promote the healthy and sustained rapid development of the industry.

Yan Jun said that although China's construction machinery enterprises have made great progress over the years, there is still a big gap between them and the advanced foreign companies in terms of technological level, technological innovation capability, and product level. In addition, we must also clearly understand that the key components of the construction machinery industry are subject to people, the rising cost of enterprise factors, the non-standard competition in the industry and other issues, will have a negative impact on the construction machinery industry, need to accelerate the development and improvement.