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Bloomberg: Sany Heavy Industry, here!

  • 2022.12.02

  • Bloomberg News




On December 2, the Bloomberg News website published an article entitled "CEOs Will Have to Pay Attention to Chinese Machinery", taking Sany Heavy Industry as an example to focus on the rapid development of China's construction machinery overseas. The writer is Anjani Trivedi, a well-known columnist for Bloomberg.


The article mentions:




The global image of Chinese excavators and excavator manufacturers is rapidly improving. Among them, China's largest construction machinery manufacturer, Sany Heavy Industry, is exporting large quantities of excavators to compete for market share with other top global competitors.




The construction machinery giant has made "significant progress" with double-digit growth in overseas markets, with international revenue accounting for more than a quarter of its total revenue, according to its latest semi-annual report. At present, the products of Chinese companies such as Sany Heavy Industry have been promoted to Europe, Latin America, the United States and Southeast Asia.




Sany Heavy Industry is one of the world's largest machinery manufacturers, and in addition to excavators, it is currently producing electric mining trucks, electric port cranes, and electric vehiclesLoaderetc., which will help their customers, such as the heavily polluted South American mining industry, reduce emissions. In this regard, Sany Heavy Industry has done a better job than other heavy equipment manufacturers.


Chinese companies have also proven their resilience in tapping into global demand, opening up new markets and producing the latest products. This is not something that is easy for all businesses to do.



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