'One Belt, One Road' | Boosting Construction Machinery to Accelerate Overseas Distribution | 10% Growth in 2018 | Above

Guide
Various factors, the 2018 mining machinery industry may be 10% -15% growth.
China Construction Machinery Industry Association mining machinery branch of the industry statistics show that in October 2017, the country sold a total of 10,541 various types of mining machinery products, an increase of 81.2% .To this, recently in the annual mining machinery industry in China in 2017, China Construction Machinery Industry Association executive vice president and secretary general Su Zimeng analysis, this year by steady growth, structural adjustment and environmental protection to promote product replacement and other factors, the Chinese construction machinery market demand.
At the above annual meeting, a number of leaders in the construction machinery industry predicted that the excavator industry will continue to maintain a steady growth rate of about 10% -30% by 2018. Compared with the rapid growth of the excavator industry in 2017, the industry The pre-judgment given within is relatively conservative.
At the recent Liugong Dealer annual meeting, Guangxi Liugong Machinery Co., Ltd. President Huang Haibo to 21st Century Business Herald reporter pointed out that Liugong given a forecast of 2018 increased by about 20%, mainly According to the excavator start hours and the state investment in infrastructure to make judgments.
In the meantime, the industry reached a consensus on the development of the overseas market for construction machinery industry, holding the view that it will maintain its growth in 2018. According to Luo Guobing, vice president of Guangxi Liugong Machinery Co., Ltd. and general manager of International Marketing Division, according to the report, , Accounting for the proportion of infrastructure investment in the next two to three years the construction machinery industry will continue to grow.
The industry continues to grow
Since the beginning of this year, due to such factors as the growth of infrastructure investment, the lapse of PPP projects, periodic product updates and export growth, the low base effect in the first half of 2016 was superimposed. The construction machinery industry, especially excavator sales continued its rapid growth. New record.
Excavator Association data show that the cumulative sales of excavators from January to October this year reached 114,276 units, an increase of 98.2%, of which 10,541 single-month sales in October, an increase of 81.2%. At the same time, Suzi Meng also revealed that the construction machinery industry a few A main indicator: Up to now, the industry-wide revenue growth of 20.5%, profit up 591.2%, accounts receivable lower 7.1%.
The reason why 2017 construction machinery industry to better development, Suzi Meng explained that since the construction machinery industry this year, the main reason for steady growth is steady growth, structural adjustment, supply-side structural reform is conducive to market demand growth; environmental emissions standards to promote the promotion The product replacement and the gradual withdrawal of two mobile phones, an increase of market demand.
However, although the construction machinery industry, especially the excavator industry, has been in a hot spot since 2016, many companies, including Liugong, SANY, Caterpillar (China) and others, tend to predict 2018 growth forecasts Conservative.
Chen Qihua, chairman of Caterpillar (China) Investment Co., Ltd., believes that the excavator market in China will grow by 10% to 25% by 2018. In his view, the growth rate of small and medium-sized excavators will likely be affected by real estate and other factors.
Deputy General Manager of XCMG Group, General Manager of Excavating Machinery Division and chairman of excavating company Li Zong said that risk prevention is still the top priority. In 2018, this year's sales base will be maintained. It is predicted that the growth of XCMG's excavator in 2018 will be at About 10%.
Ding Yuzhen, vice president of sales and marketing at Doosan Infracore (China) Co., Ltd., pointed out that various factors will add 10% to 15% to the mining machinery industry by 2018. At the same time, he believes that the industry will grow substantially in 2017 to Core boxes, hydraulic parts supply have brought great pressure and challenges, suppliers need to further adapt to the cyclical changes in the development of the industry.
Huang Haibo to 21st Century Business Herald reporter analysis said that at present a lot of construction machinery industry enterprises have experienced a round of 'market turmoil', the entire industry tends to rational state, and not blindly expand capacity, more is to improve quality, Standards, sustainable development, etc. 'Making such predictions is based on such factors as the number of hours excavators are in operation and the investment in national infrastructure.'
For example, the National Development and Reform Commission and the Ministry of Transport jointly issued the "Three-year Plan of Action for Construction of Major Infrastructure Projects for Transport Infrastructure", pointing out that from 2016 to 2018, it plans to focus on promoting 303 railways, highways, waterways, airports and urban rail transit projects involving projects The total investment is about 4.7 trillion yuan, of which 1.3 trillion yuan in 2018, the investment quota and the same in 2017 planning.
Exit into a bright spot
In addition to the infrastructure and product iterations mentioned above, overseas markets, especially the One Belt and Road initiative, are also important factors in boosting the substantial growth of the construction machinery industry. Suzi Meng said that from January to September, the "Belt and a Road" The country exported 6.17 billion U.S. dollars in construction machinery, up 11.7% over the same period of last year.
It is understood that 'One Belt and One Road' has provided opportunities for the development of a number of Chinese construction machinery manufacturers such as Liugong, Sany Heavy Industry and XCMG.
SITC signed an equipment procurement agreement with Kuwaiti construction contractor five days prior to the annual meeting of the industry and Sany will provide it with approximately 86 million U.S. dollars of engineering equipment including truck cranes, excavators, rotary excavators Rigs and other full range of products nearly 600 units, which is Sany Heavy Industry in the Middle East so far the largest international order.
2016 Annual Report shows that SANYI achieved international sales revenue of 9.286 billion yuan.When speaking at the media interview in the first half of this year, Sany Heavy Industry Vice President Zhou Wanchun said that in the overall sales of Sany Group, sales in overseas markets have exceeded the company's performance 40%, of which 70% of the proceeds come from countries and regions along the Belt and Road. In India, Europe, South Africa and the Middle East, rapid growth is achieved.
The Liugong 2017 mid-year report, Liugong set up overseas in India, Poland, Brazil and three manufacturing bases in India, Poland, the United States, the United Kingdom 4 overseas research and development institutions, also has 10 including machine, service, accessories, Training and marketing company and provide sales and service support to overseas customers in more than 140 countries and regions through 315 distributors.The overseas business of Liugong basically covers most countries and regions along the country's strategy of "One Belt and One Road".
According to Huang Haibo, in the first three quarters of 2017, Liugong's revenue increased by 60% over the same period of last year, of which revenue growth in international business increased by nearly 25% over the same period of last year. Liugong will position 2018 as the quality improvement year and put forward the early failure rate and three bags of products failure At the same time, according to changes in market demand, we will accelerate the transformation of the aftermarket, increase the share of revenue in the aftermarket, and enhance our service support capacity.
In fact, Liugong's overseas business maintained a corresponding increase in the entire industry during the period of decline in 2016. The proportion of total export business continued to maintain high growth while the overseas market share in most of the markets increased, especially in some emerging markets In, Liugong loader market share rising.
Liugong 2017 Mid-year Report pointed out that in the first half of 2017, the world economy maintained a more pronounced recovery trend. The growth rates of the major economies were higher than those in 2016, with steady growth in the U.S. and Euro areas and rapid growth in emerging Asia , The Russian-speaking regions and Latin American economies have turned negative from positive while the Middle East and North Africa have been affected by political factors. The economic growth has been declining.
Some construction machinery industry analysts believe that the 'One Belt and One Road Initiative has effectively promoted the overseas exports of construction machinery. With the global construction machinery market pick up, the United States to increase infrastructure construction, coupled with the gradual deepening of the overseas layout of domestic construction machinery business, the future of overseas markets Growth is expected to be better.
In Luo Guobing's opinion, overseas construction machinery markets will continue to grow in the next two to three years because the current global economy is relatively stable with a relatively high proportion of infrastructure investment in all countries. "Currently, overseas construction machinery companies are enjoying good growth but overseas Market, we Chinese enterprises should not be limited to selling products, but to become a local corporate citizenship and become respected enterprises.
2016 GoodChinaBrand | ICP: 12011751 | China Exports