Macro-control has accelerated the international pace of China's construction machinery

China's construction machinery market will maintain rapid growth in the next 10 to 20 years. Zhou Jianhong, who was interviewed by a reporter from the China Economic Times at a noisy booth, said.
Zhou is the assistant general manager of Sany Heavy Industry Co., Ltd. and the deputy general manager of the marketing company, and led a team to Beijing to participate in the 7th International Highway and Water Transportation Technology and Equipment Exhibition sponsored by the Ministry of Communications from September 1 to 4, which was held at the National Agricultural Exhibition Center with nearly 300 exhibitors from 14 countries and regions such as the United States, Canada, the United Kingdom, Germany, Japan, and Singapore.
Zhou Jianhong's assertion is based on the rapid development of infrastructure construction such as transportation construction, urban construction, and municipal construction in China in recent years. In 2003, the domestic construction machinery industry achieved a total sales revenue of 77 billion yuan, an increase of 16.7%, and a profit of 4.6 billion yuan, an increase of 12.2%.
After China's accession to the WTO, China's construction machinery market has become an important regional market in the world, and it is also the most dynamic market, however, it is not a one-yuan market for China's local construction machinery industry. German, American and Japanese companies have had a great impact on China's construction machinery market, which used to be dominated by foreign brands, but now this situation is gradually changing. Zhou Jianhong said.
Zhou believes that in the face of international competition, enterprises must change their concepts as soon as possible, and at the same time fully develop the domestic market, open up the international market, so as to realize the universalization of the market. From January to July this year, Sany Heavy Industry's export sales increased significantly, an increase of 6 times compared with 2003, and the annual sales in the three major regional markets of North Africa, Eastern Europe and South Asia doubled.
Another reason for accelerating and firming the pace of China's construction machinery to enter the international market is the impact of the country's macro-control policies. Due to the impact of real estate regulation, the domestic construction machinery market fluctuated greatly in May, and the sales volume of most enterprises in the industry declined significantly. The macro-control has sounded the alarm bell for the industry: do not rely on the survival of enterprises in a certain country or a certain region of a certain country, even though China's construction machinery market is the most dynamic market.
It is reported that China's construction machinery exports have just started, the annual growth rate of 40%-50%, accounting for only 1%-2% of the world's machinery market, users are expected to catch up with China's construction machinery industry within 5 years and even exceed the total output of Japan, the pattern of the entire international construction machinery market will undergo certain changes. At present, the international construction machinery market has a circulation of about 100 billion US dollars, and some domestic high-level, high-quality products are fully capable of entering the international market, Zhou Jianhong said.

- China Economic Times Zhuang Qi -