The hottest downstream demand warms up, and constr

2022-10-16
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The downstream demand warms up, and the construction machinery starts the recovery journey

the downstream demand warms up, and the construction machinery starts the recovery journey

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China Construction machinery information

China Machinery Industry Federation (hereinafter referred to as the China Machinery Industry Federation) recently reported the economic operation of the machinery industry in 2016, and prospected the development of the machinery industry in 2017. It is revealed that since 2016, the growth rate of major economic indicators of China's machinery industry has generally rebounded from the low level of the previous year, and the growth rate has exceeded the expectations at the beginning of the year

it is understood that previously, due to the high inventory of China's construction machinery industry and the continuous weakness of downstream demand caused by the macroeconomic downturn, the whole industry has experienced a long adjustment period since 2011. However, since 2016, the growth rate of various economic indicators in China has rebounded, and infrastructure construction projects connecting with major plans such as the "the Belt and Road" and the "Yangtze River Economic Belt" have been implemented in succession, which has promoted the continued stabilization of the demand in the infrastructure industry, and the construction machinery industry has also shown signs of recovery

according to the data of China Machinery Association, the growth rate of the added value of the machinery industry in 2016 showed a trend of rising month by month, with a monthly year-on-year growth of 9.6%, 4.1 percentage points higher than the growth rate of the previous year, 3.6 percentage points higher than the national industrial growth rate in the same period; Bank THF is the largest downstream industry of BDO, with a cumulative main business income of 24.55 trillion yuan, an increase of 7.44% year-on-year; The total profit of the industry was 1.68 trillion yuan, with a year-on-year increase of 5.54%. It can be seen from the above figures that the overall recovery trend of China's construction machinery industry in 2016 has been relatively obvious. Given that China's own brand construction machinery has occupied a dominant position in many domestic markets, the recovery of the industry is of great significance to domestic enterprises

at the beginning of 2017, the infrastructure industry again exposed significant benefits. Relevant officials of Xinjiang Autonomous Region recently revealed that Xinjiang will strengthen infrastructure construction in 2017, and strive to achieve a total social fixed asset investment of more than 1.5 trillion yuan, an increase of nearly 50% compared with 2016. Among them, the investment in highway construction alone is expected to reach 200billion yuan

thanks to the continuous recovery of downstream demand, the construction machinery industry may continue to recover in 2017, with three new high-tech enterprises. In the A-share market, the current product sales of leading enterprises in industries such as Sany Heavy Industry, Zoomlion Heavy Industry, XCMG machinery and Shantui Co., Ltd. have significantly improved, and they are expected to continue to benefit from the continuous growth of domestic and overseas infrastructure demand driven by the "the Belt and Road" strategy in the future

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