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Hot sales of excavators reflect economic recovery, "One Belt One Road" urges investment in infrastructure
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  • Categories:News Center
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  • Time of issue:2018-01-18 13:51
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(Summary description)On January 18, the National Bureau of Statistics will release the main macroeconomic data for the whole year of 2017. Although the "transcript" has not yet been released, we can also glimpse one or tw

Hot sales of excavators reflect economic recovery, "One Belt One Road" urges investment in infrastructure
Recommend

(Summary description)On January 18, the National Bureau of Statistics will release the main macroeconomic data for the whole year of 2017. Although the "transcript" has not yet been released, we can also glimpse one or tw

  • Categories:News Center
  • Author:
  • Origin:
  • Time of issue:2018-01-18 13:51
  • Views:

On January 18, the National Bureau of Statistics will release the main macroeconomic data for the whole year of 2017. Although the "transcript" has not yet been released, we can also glimpse one or two from other data. Excavator sales are one of them. Last year, my country's excavator sales doubled, exports soared, and attendance rates remained high. This reflected the signs that my country's infrastructure investment was heating up and the economy was picking up.


  Excavator sales doubled year-on-year


  According to the data released by the Mining Machinery Branch of the China Construction Machinery Industry Association a few days ago, the 25 mainframe manufacturers included in the statistics of the association in 2017 sold a total of 140,303 units of various excavation machinery products, a year-on-year increase of 99.5%, exceeding the sales volume in 15 and 16 years. The sum is the highest sales volume since 2012. Even in the fourth quarter of the off-season for excavator sales, they achieved extraordinary performance, with monthly sales exceeding 10,000. From October to December 2017, sales of excavators increased by 81.2%, 107.4% and 102.6% year-on-year respectively.


  In terms of exports, the growth rate of excavator exports in December 2017 increased by 72.1% year-on-year. From January to December 2017, China's export sales of excavators were 9,672 units, a year-on-year increase of 32%; in November 2017, export sales were 1,272 units, a year-on-year increase 72%, an increase of 38% month-on-month.


  In addition, the attendance hours of excavating machinery increased slightly year-on-year in the past year, and the equipment attendance rate also remained at a relatively high level. This also confirms the good development of the excavator industry from the side.


  The excavator's hot sales momentum is still expected to continue this year. Regarding the sales volume of excavators in 2018, Soochow Securities Research Report pointed out that from the perspective of the production schedule of parts and components companies, the production schedule in the first quarter of 2018 is expected to increase by 20%, and the growth rate of construction machinery sales in the first quarter of 2018 is expected to remain good. Situation, and the overall demand in 2018 increased by 10%-20%, reaching 150-170 thousand units.


  Economic recovery at home and abroad is the main reason


  The reason why excavator sales increased sharply in 2017 and exports were gratifying was not unrelated to the recovery of domestic and foreign economies.


  From a macro perspective, Liu Xiangdong, an associate researcher of the Economic Research Department of the China International Economic Exchange Center, said that behind the excavator industry data reflect the construction needs of infrastructure projects such as roads and bridges. In 2017, my country's economy performed well, and infrastructure investment received sufficient momentum to support it.


  From an industry perspective, grassroots research shows that the sales of excavators have increased significantly because of the increased demand for large-scale digging in coal mining on the one hand, and on the other hand, the national “Belt and Road” construction demand for 20 to 30-ton medium- and large-scale digging. increase. According to another analysis, in 2017, the demand for replacement of excavators was strong, with stricter environmental protection and manufacturers’ trade-in policies, and the demand for renewal boosted the sales growth of excavators in 2017.


  In addition, the growth of excavators in my country last year exerted force in both domestic and international markets. Especially with the continuous advancement of the “Belt and Road” initiative, Chinese capital, enterprises and projects have gone out, which has driven equipment to go out, and the export sales of excavators have also increased.


  "One Belt One Road" will become the main battlefield of infrastructure


  The economic performance of the world's major economies in 2017 was better than in 2016. At the same time, a large number of "Belt and Road" projects have started construction, which will become the main battlefield for future infrastructure investment.


  In the construction of the "Belt and Road", interconnection is the top priority. The machinery and equipment industry, represented by excavators, was the first to feel its benefits. Hu Biliang, dean of the “Belt and Road” Research Institute of Beijing Normal University, said that this benefit is manifested in three aspects: First, a large number of major infrastructure projects have begun to accelerate after the “Belt and Road” International Cooperation Summit Forum, showing positive effects; It is the fact that dozens of economic and trade cooperation zones built by China in more than 20 countries along the “Belt and Road” have also accelerated the construction speed, which has a direct effect on the industry; third, since 2017, Chinese enterprises have obtained more foreign trade from the “Belt and Road” countries. For contracted engineering projects, the value of newly signed contracts increased by nearly 40% over the same period in 2016, accounting for nearly 60% of all newly signed contracts in the same period, and the execution and completion of the contracts were also relatively good.


  Market participants believe that with the advancement of the "One Belt, One Road" strategy, investment in the field of infrastructure will bring huge market space to construction machinery companies, especially leading companies.

Category brief summary: 新闻中心
Hot sales of excavators reflect economic recovery, "One Belt One Road" urges investment in infrastructure
Hot sales of excavators reflect economic recovery, "One Belt One Road" urges investment in infrastructure
On January 18, the National Bureau of Statistics will release the main macroeconomic data for the whole year of 2017. Although the "transcript" has not yet been released, we can also glimpse one or tw
See more information
On January 18, the National Bureau of Statistics will release the main macroeconomic data for the whole year of 2017. Although the "transcript" has not yet been released, we can also glimpse one or tw
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The 2018 Yuanshan Machinery Service and Technology Seminar was grandly held
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Hot sales of excavators reflect economic recovery, "One Belt One Road" urges investment in infrastructure
Hot sales of excavators reflect economic recovery, "One Belt One Road" urges investment in infrastructure
On January 18, the National Bureau of Statistics will release the main macroeconomic data for the whole year of 2017. Although the "transcript" has not yet been released, we can also glimpse one or tw
See more information
On January 18, the National Bureau of Statistics will release the main macroeconomic data for the whole year of 2017. Although the "transcript" has not yet been released, we can also glimpse one or tw
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