China.com: "New urbanization" boosts the construction machinery industry, Sany Heavy Industry and other leading enterprises take the lead in benefiting

Source: China.com Transferred from: 21CN

The Decision of the Central Committee of the Communist Party of China on Several Major Issues Concerning Comprehensively Deepening Reform deliberated and promulgated by the Third Plenary Session of the 18th Central Committee of the Communist Party of China has made comprehensive institutional arrangements and arrangements for the development of new urbanization from the aspects of household registration system reform, county to city, and urban construction investment and financing mechanisms, and further proposed, "It is necessary to promote a new type of urbanization with people as the core." The top-level design of the central government has triggered a positive response from the market to the concept of "new urbanization", and leading machinery enterprises such as Sany Heavy Industry are expected to take the lead in benefiting from the new urbanization.

In fact, a new type of urbanization initiative has been in the making for a long time. Since the new government took office, it has repeatedly emphasized that "urbanization is where the domestic demand potential of *5655 lies", and Premier Li Keqiang of the State Council has said on many public occasions that "urbanization is the domestic demand potential of *5655". On November 20, Vice Premier Zhang Gaoli also revealed at the first China-Europe City Expo in 2013 that China is formulating and improving a new people-centered urbanization plan. It is widely expected that 2013 will be a breakthrough year for China to promote new urbanization.
The policy continues to heat up to the adjustment period of the construction machinery industry to bring hope, the industry is expected to be closely related to the cement, sand, concrete demand will increase, all kinds of machinery and equipment market demand will also appear new growth points.
As early as June 2012, Sany Heavy Industry carried out an in-depth study on rural construction machinery in the industry*5656. The results show that the manual or semi-mechanized construction methods used in housing, highway, water conservancy and other projects in urbanization construction generally have problems such as long construction period, high labor cost and unreliable quality. In response to this problem, in May 2013, Sany launched a complete set of small concrete equipment specially developed and manufactured for this market - V8 "Town * Feng" complete set of equipment, becoming the industry's * 5658 combined with "new urbanization" to launch targeted products. As a result of the early opportunity, 200 units of the V8 were sold upon its launch.
In addition, Sany also combines farmland water conservancy construction and municipal engineering in the construction of new urbanizationSmall diggingIn November 2012, the company launched a new C9 excavator that is more energy-saving, environmentally friendly, efficient and reliable. According to the excavator sales data released in October 2013, in the domestic excavator with a year-on-year growth rate of 23.7% since April 2011 * 5661 monthly growth rate in the background, Sany excavator increased by 66.3% year-on-year, and continued to maintain the position of China's excavator market * 5656.
Fitch International, a well-known international rating agency, recently released a report pointing out that the urbanization of Chinese mainland in the past was mainly driven by large cities, and the current measures such as household registration reform from small cities are likely to shift the direction of urbanization to third- and fourth-tier cities. It predicts that urbanization will continue to be the driving force of China's growth over the next 20 years, with the degree of urbanization rising from the current 52% to about 70%. In the near term, higher fixed asset investment, especially in housing and infrastructure, will continue. According to user analysis, the concept of "new urbanization" is expected to become a hot spot to boost the construction machinery industry, and leading enterprises may gain greater advantages in the competition by launching targeted products.
The person in charge of Sany Heavy Industry also said that Premier Li Keqiang's view that "China's new urbanization is people-centered and quality-oriented urbanization" has pointed out the development direction of new urbanization in the future.