What is the construction machinery industry, the development trend of construction machinery and construction machinery industry What is the construction machinery industry, the development trend of construction machinery and construction machinery industry
What is the construction machinery industry, the development trend of construction machinery and construction machinery industry
[Introduction to the development of the construction machinery industry]
Release date:[2019/4/11] Is reading[151]次

In the past two years, China's construction machinery market has experienced rapid growth that has not been seen for many years. In 2018, the whole industry continued to grow on the basis of good development in 2017. In 2017, the industry achieved operating income of 540.3 billion, an increase of 12.7% over 2016. In 2018, it will maintain a growth rate of 10%, and the whole industry will reach a market scale of around 600 billion. In 2018, sales of major products increased by 45%, excavator sales increased by 45%; loaders increased by 21.7%; bulldozers increased by 33.2%; truck cranes increased by 58%; industrial vehicles increased by 20.2%; and total product sales increased by 25.5%. In the first quarter of 2019, market sales continued to perform well, with total product sales increasing by 15.2%.


The achievements of China's construction machinery industry are inseparable from the good overall environment of China's economy. According to data released by the National Bureau of Statistics on March 31, China's official manufacturing PMI of 50.50 in March was higher than the expected 49.60, compared with the previous value of 49.20. It rebounded, hitting a five-month high, and the monthly growth rate was the largest since 2012. The PMI of high-tech manufacturing and equipment manufacturing was 52.0% and 51.2%, respectively, which were significantly higher than the overall manufacturing industry.


Since May 1, 2018, the Chinese government has twice reduced the VAT rate in the manufacturing, construction, and transportation industries, with manufacturing value-added tax falling from 17% to 13%. The policy dividends and radiation effects brought to the manufacturing, construction and related industries will provide strong support for the stable development of the construction machinery industry in 2019 and up to now.


As we all know, the construction machinery industry and infrastructure construction are closely related. According to the 2019 National Transportation Work Conference, the main points of China's transportation work in 2019 include the completion of road and road fixed assets investment of 1.8 trillion yuan. As of the end of 2018, the railway business mileage of the country reached more than 131,000 kilometers, of which more than 29,000 kilometers of high-speed rail. In 2019, the China Railway Corporation plans to put into operation a new line of 6,800 kilometers, an increase of 45% over the previous year. 3,200 kilometers, which means that China's railway investment in 2019 will reach the highest level of 850 billion yuan in history.


The Chinese government has made arrangements for China's economic and social development in 2019. This year, it will promote and implement a number of related projects involving the Beijing-Tianjin-Hebei, Yangtze River Economic Belt, Guangdong, Hong Kong, Macao and Dawan Districts and the western region; Planning and construction of major projects such as the Sichuan-Tibet Railway, the Yangtze River High-speed Railway, the North Coal South Transportation Channel System, the trans-regional transmission channel, and the Southwest Hydropower; promote the construction, relocation, reconstruction and expansion of the hub airport, and orderly construct the feeder airport and the general airport; Promote the construction of integrated passenger transportation hubs and logistics hubs, and formulate implementation plans for the construction of national logistics hub networks.


All of the above key infrastructure construction work and people's livelihood security work require the participation and cooperation of construction machinery manufacturers from all over the world. This is also the guarantee for the continued growth of China's construction machinery market in the future.

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