Infrastructure investment is hot, and it is reasonable for excavator sales to skyrocket

Spring is coming, and it's the season of revival again! It's the season for construction machinery enterprises to start work again! Infrastructure investment projects in various provinces have also been announced and put in place. At present, there are 22 provinces that have clearly announced the fixed asset investment target in 2017, with a cumulative investment target of more than 40 trillion yuan, of which 16 provinces have fixed asset investment in 2017 accounting for more than 100% of GDP in 2016, mainly in the western provinces.

For example, Xinjiang, which has recently become a hot spot in the capital market, has a GDP of 961.7 billion yuan in 2016, and fixed asset investment in 2016 is 998.4 billion yuan, with a target growth rate of 10% in 2017 and a target value of 1,497.6 billion yuan in 2017, with a growth rate of 155.72%. Some people reasonably estimate that this year's fixed asset investment target may reach 60 trillion yuan, and last year, the total fixed asset investment of the whole society was 59.6 trillion yuan, with a nominal increase of 8.1 percent.

The popularity of infrastructure investment has directly promoted the development of the construction machinery industry, and the sales of excavators have increased significantly since the second half of last year is a good proof. The popularity of excavators also continued to 2017, data from the China Construction Machinery Industry Association showed that in January 2017, 4,548 excavators were sold, a year-on-year increase of 54%, of which small, medium and large excavators increased by 57%, 33% and 107% year-on-year respectively. At the beginning of the year, some manufacturers of excavator models are out of stock, the current second-hand mobile phone trading market is hot, and it is relatively difficult to pick up second-hand phones, and all dimensions show the current strong downstream demand.

Sany excavator sales soared

The resurgence of large-scale infrastructure, energy and mining activities has led to the sales of large excavators, driven by real estate investment, municipal engineering and a large number of rural infrastructureMini excavatorsgrowth. In addition to excavators, the demand for construction machinery is gradually spreading, and cranes, rollers, and concrete equipment have also maintained rapid growth.

In addition, as the infrastructure boom will continue throughout the year, the boom in sales of construction machinery and equipment is expected to continue. Coupled with the "Belt and Road" drive, and after 2008 sales peak sales of construction machinery and equipment have entered the elimination cycle, equipment for the new tide will bring new demand, 2017 construction machinery industry is expected to usher in a continuous rise.