Exports of construction machinery industry related regulations are urgently needed

In 2011, the export of construction machinery products reached the highest historical value of 15.909 billion US dollars, but there are still many problems behind the rapid growth. For this reason, on the afternoon of March 19, 2012, the Department of Mechanical and Electrical Industry of the Ministry of Commerce specifically listened to Lu Ying, Director of the Statistical Information Department of the China Construction Machinery Industry Association, reporting on the current import and export of construction machinery products.

In 2011, China's construction machinery exports grew rapidly. According to statistical data obtained by the China Construction Machinery Business Network reporter from the Customs, in 2011, the export of construction machinery in the country reached 15 billion U.S. dollars, an increase of more than 50% year-on-year, exceeding the highest level in 2008. Enterprises with stronger competitiveness continue to expand their product exports, and conduct international operations in the form of overseas mergers and acquisitions, technology exports, and development of overseas joint ventures. The large-scale backbone enterprises represented by XCMG, Zoomlion, Sanyi and Liugong continue to invest in Europe, South America and Eastern Europe to establish wholly-owned and joint ventures. XCMG invests in Brazil, India and other places. Zoomlion’s bulk export to Iran, Trinity Germany’s base completion, and 62m pump truck emergency export support to Japan can be referred to as the highlights of the 2011 global service of China’s construction machinery companies. .

China Construction Machinery Business Network's own analyst said that in 2011, China's construction machinery industry has embarked on an extraordinary development path. The industry-wide development model has been transformed into the center, with restructuring, innovation, and upgrading as the main lines. The sales revenue of the country's 20 major categories of construction machinery products has exceeded 500 billion yuan, an increase of over 17% year-on-year. At present, not only the total number of production and sales in the industry ranks first in the world, but also meets nearly 90% of the market demand in China. In terms of exports, Xugong’s performance was particularly prominent. In 2011, the export value exceeded US$1 billion. Only Venezuela’s contracted orders reached US$740 million, setting a new record for China’s construction machinery industry’s export orders. In the past 2011, Shandong Lingong exported 3,819 sets of loaders and earned foreign exchange of US$126 million. The cumulative volume of loaders for the whole year jumped to the top of the same industry in the country and became the number one brand in the Chinese loader industry.

The rapid growth of export of construction machinery products in 2011 benefited from the rapid development of China's construction machinery industry. Thanks to the improvement of the level of construction machinery products in China, thanks to the current favorable domestic and foreign market environment, in 2012, the development of the first quarter In terms of export, exports are still widely concerned, and the vicious competition and other issues exposed in the export of construction machinery products have also received increasing attention. In 2012, the export market for construction machinery is still vast. China's construction machinery companies will continue to promote the international development of Chinese construction machinery companies, whether they are building plants abroad, mergers and acquisitions or traditional exports. In the future, the establishment of export bases for construction machinery products and further Measures related to the regulation of export order will surely be gradually implemented. In 2012, we look forward to a new record for the export of China's construction machinery industry!