CCTV Finance × Sany Heavy Industry: A major economic province bravely takes the lead!

Excavator is the "standard" of infrastructure construction, and it is the vane that reflects economic changes such as infrastructure construction and observation of fixed asset investment. The "CCTV Finance Excavator Index" jointly created by CCTV Finance, Sany Heavy Industry and Tree Root Internet has released the latest relevant data. In October, the construction of major projects in many places in China accelerated, and driven by the traditional construction season of "Golden September and Silver October", China's infrastructure investment showed a continuous trend.

Steady progress! The construction of major projects in many places in China has been accelerated

1In October, the average monthly operating rate of China's construction machinery was 64.07%, an increase of 2.23 percentage points compared with the average operating rate of 61.84% in the first three quarters. It reflects that China's infrastructure investment continues to maintain a stable and upward trend.

More than 70% of provinces have a monthly operating rate that exceeds the national level. Among them, the monthly operating rate of Hainan continued to rise from August to October; The operating rates of Jiangxi, Sichuan, Chongqing, Heilongjiang and Guizhou increased in October compared with September and maintained a high level.

Truck cranesFor 20 consecutive months, China's infrastructure investment has continued to develop

Compared with September, there are three types of equipment with the leading operating rate in October, in order: truck cranes, excavators, and pump trucks, with operating rates exceeding 60%.

It is worth noting that from March 2021, the operating rate of truck cranes has been far ahead for 20 consecutive months. It shows that China's infrastructure investment has shown a trend of continuous development, showing strong resilience and potential.

Stable and good, full of resilience! The major economic provinces bravely take the lead

The stabilization of major economic provinces has played an important supporting role in the recovery of the national economy. In October, Guangdong's investment in transportation infrastructure construction maintained a high level of growth, and Zhejiang's monthly operating rate remained high. Since the third quarter, the main economic indicators of Shanghai and Jiangsu have rebounded rapidly month by month.

Guangxi and Hainan lead the country in a number of indicators, and the data performance is outstanding!

In October, Hainan achieved a year-on-year increase in four types of indicators, among which pavers (117.00%), road rollers (44.90%), and excavators (29.50%) were the first in the country.

Guangxi's average operating volume achieved a year-on-year increase in 7 indicators, of which pavers (65.40%) and excavators (23.00%) were the second in the country.

It reflects the continuous development of infrastructure investment in many places in China.

The central and western provinces continue to make efforts

In October, the average operation volume of trailer pumps in Inner Mongolia increased by 156.80% year-on-year, which was the highest growth of all provinces and various types of equipment in the country.

6 indicators of average operation volume in Shaanxi increased year-on-year, and Gansu, Hunan and Jiangxi achieved 4 indicators year-on-year respectively.

The content is transferred from CCTV Finance