Xinhua News Agency: Sany Heavy Industry's "Excavator Index" tells you a different Chinese economy

Xinhua News Agency (Reporter Liu Jingyang, Wu Mengda) Sany Heavy Industry, known for producing heavy machinery such as excavators, is becoming a big data company. Sany Heavy Industry's excavator "digs" not only soil, but also valuable data. The beating byte records the operation of the excavator, and also reveals the "cold and hot" of China's economic operation from a special dimension. Is China's economy okay? Did the tough turnaround under downward pressure go well? Xinhua News Agency reporters and excavators who will "count" together to tell you a different 2015.

Indices grown from "excavator cases".

"The roller market is picking up!

Crane availability recovery!

The construction rate of cement mixing plant is still declining......"

On the huge screen of the data center of Sany Heavy Industry in Changsha, Hunan Province, the big data of more than 20 thousand construction machinery, such as concrete, excavation, hoisting, pavement, port, and piling, are spread out in real time, and an index map that reflects economic vitality in real time is shocking.

This is the "excavator index" - with the help of big data and Internet of Things technology, each machine is connected to a huge network through on-board controllers, sensors and wireless communication modules, and every wave of a shovel and every action is a data trace. The application scenarios and operating rates of massive machinery and other real situations from the front line have flowed from the hands of countless grassroots workers and flowed to Sany Heavy Industry, becoming the basis for enterprise operation and transformation; It flows to the desk of the leaders of the State Council and becomes a reference for taking the pulse of economic trends.

Talking about the significance of the "excavator index", Chen Shuang, assistant to the president of Sany Heavy Industry, said "I didn't expect it" - the "excavator index" actually grew out of the "excavator case".

What should I do if an excavator in Beijing breaks down? In the past, engineers had to be dispatched to conduct on-site investigations, which was time-consuming, laborious and costly. Through technology research and development, today's Sany Heavy Industry can "diagnose" the fault in the Changsha data center and send maintenance vehicles nearby. Whether the equipment is running, how long the operation time, how much work, what is the wear and tear of parts, and what is the fuel consumption...... You can use the mobile client to see the detailed data and carry out after-sales service. Through big data, Sany Heavy Industry has realized the precise service and cost control of users.

The accumulation of data has made a wonderful difference. Through more than seven years of accumulation, Sany Heavy Industry has formed more than 5,000 dimensions, 200 million pieces per day, and more than 40TB of big data resources. When one device after another becomes the highlight of the beating on the screen, data analysts suddenly find that this is not the vitality map of the infrastructure industry.

"This is the core data at the bottom of the table. No matter how much investment is announced, the real implementation is closely related to the amount of construction," Chen Shuang said, Sany is the industry leader, some categories of machinery domestic market share of more than 40%, data representativeness far more than statistical sampling, with index conditions.

In March 2014, the relevant leaders of the State Council inspected Sany Heavy Industry, watched the big data platform, and asked to submit the relevant construction machinery operation data every month, at present, the reporting cycle has been shortened to half a month.

Wang Yukai, a professor at the National School of Administration, said that in the past, the data on the supply side of the economy mainly relied on enterprises to report to local governments, and local governments reported to the central government after summarizing. Real-time data can truly reflect the weather of the economy, making government regulation more accurate.

The excavator tells you: the main thing is to look at the structure

There are two rulers to measure economic development, one is the aggregate and the other is the structure. Structural adjustment is the key to development, but it is difficult to adjust the structure, and it is even more difficult to measure the quality and efficiency of structural adjustment. The excavator of Sany Heavy Industry has drawn a vivid big data curve for structural adjustment.

[Excavator said: road and bridge construction is picking up, and new energy engines such as nuclear power and wind power are starting]The "excavator index" in the first 11 months of this year shows that the construction time and operating rate of cranes and crawler cranes have narrowed. Cranes are widely used, and crawler cranes are important machinery for the construction and assembly of wind energy and nuclear power equipment. Pavers and rollers have increased year-on-year, indicating that road and bridge construction is picking up. Statistics also support the "judgment" of the excavator: from January to November 2015, the national investment in fixed assets (excluding farmers) was 497182 billion yuan. Among them, the investment in the road transport industry increased by 17.5%.

 

[Excavator said: real estate construction has declined]Sany Heavy Industry's concrete machinery market share exceeded 40%, and in the first 11 months of this year, the utilization rate of concrete equipment decreased sharply year-on-year. Among them, the construction volume of cement mixing plants fell by more than 30% from January to November, which intuitively reflects the recession of the real estate construction market. Similarly, the uptime and operating hours of large excavators used in large mines and coal mines have decreased. "The data is quite convincing when the cement is mixed," said He Dongdong, vice president of Sany Heavy Industry. The decline in real estate starts has coincided with some new and encouraging changes. Inner Mongolia ranks low in the use of concrete machinery, but the use of pile drivers and pavement construction ranks high, indicating that the construction focus of this traditional resource-based region is focused on adjustment.

 

[Excavator said: The Belt and Road has made a force]The data of the first 11 months of this year show that the port and piling equipment have stabilized and recovered, and the construction of the Belt and Road Initiative, high-speed rail and highway networks is making efforts. The operating rate of machinery and facilities used in port containers, such as reach stackers and forklifts, fluctuated slightly, indicating that imports and exports are still declining, but the decline has narrowed significantly. Driven by the concept of the Belt and Road Initiative, it is applied to subway, urban railway and other rail transitPiling machineryThe use is rising, highlighting the popularity of rail transit. The workload of high-speed rail and road network equipment in the Belt and Road Radiation Belt is significantly higher than that of other places.

Chunjiang plumbing "machine" prophet

 

Although judging from the third quarter financial report of A-shares, Sany Heavy Industry's profit data is still declining year-on-year, but corporate managers do not seem to be flustered. When the reporter met He Dongdong, he was busy interviewing candidates. "There is an urgent need for experienced big data analysts." He said that Sany is planning to share big data resources with the whole industry and the whole society.

 

Not only has "numbers" in mind, Sany also benefits from it, and counter-cyclical operations occupy the market. Yu Hongfu, vice president of Sany Heavy Industry, said that relying on big data, Sany at the end of 2011 monitored a significant decline in machinery start-up time, although orders are still rising, but the company has smelled the downward pressure of the economy. Take the lead in adjusting production and sales strategies and adjusting personnel.

 

"The sales of the whole industry have fallen sharply, but Sany's market share is rising." Yu Hongfu said in one word, we are very clear that the past in the domestic annual growth of 60% will not be the days again, take the initiative to the international market layout, in 2015 the international market share is expected to account for more than 40% of the group.

 

This has brought enlightenment to China's economic transformation and adjustment, and more scientific and accurate decision-making will effectively reduce labor pains, help control the overall situation, and guide the new normal.

"The introduction of big data thinking is a leap in the concept of national governance." Sany Heavy Industry President Xiang Wenbo said that although the "excavator index" is only a micro aspect of China's economy, this reflects the central government's idea of regulating and controlling the economy has undergone positive changes - in 2015, in the critical stage of comprehensively deepening reform, "Internet +" produces a more vertical and real decision-making basis, the policy force is more precise, and the timeliness, effectiveness and degree of regulation and control measures have been greatly improved.

 

Xiang Wenbo said that overall, although the current operating rate of equipment is still not high, from the perspective of the past three years, the decline in many indicators has narrowed, showing a stabilizing trend.

"What does big data tell you about 2015 and 2016?" The reporter asked.

"My answer is: 2015 is the bottom and pain, and 2016 is the recovery and growth." Xiang Wenbo said.