The conservative target of 900billion yuan for the

2022-08-01
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Prospect of construction machinery: conservative target of 900billion yuan

prospect of construction machinery: conservative target of 900billion yuan

information on China's construction machinery

Guide: the 12th Five Year Plan for the construction machinery industry is expected to be issued in July this year. Suzimeng, Secretary General of China Construction Machinery Industry Association, told the media at a recent forum that during the 12th Five Year Plan period, the sales revenue of China's construction machinery industry will reach 900billion yuan, with an average annual growth rate of 17%, and the export volume

the 12th Five Year Plan for the construction machinery industry is expected to be issued in July this year. Suzimeng, Secretary General of China Construction Machinery Industry Association, told the media at a recent forum that during the "12th Five Year Plan" period, the sales revenue of China's construction machinery industry will reach 900billion yuan, with an average annual growth rate of 17%, and the export volume target is set at 26billion US dollars

conservative 900billion yuan

Su Zimeng predicts that China's construction machinery revenue will reach 900billion yuan by 2015, with an average annual growth rate of 17%. The export target is set at 26billion dollars, but it is considered a conservative target by many people in the construction machinery industry

last year, the sales revenue of China's construction machinery industry was 435.7 billion yuan, a year-on-year increase of 38%, while the growth rates of China's construction machinery industry in 2007, 2008 and 2009 were 37%, 25% and 14% respectively. Suzimeng believes that last year, the growth rate of China's construction machinery industry was the highest during the "Eleventh Five Year Plan". However, this year, with the end of the investment of 4trillion yuan and the rapid decline of the growth rate of China's construction machinery industry in April, there are many difficulties in the rapid growth of China's construction machinery industry this year

although the growth rate of major construction machinery products in the first five months of this year was as high as 32%, it still decreased by 22% month on month, especially in April and may this year

according to Su Zimeng's prediction, the sales volume of loaders in China will increase from 228000 last year to 300000 this year, tower cranes will increase from 43400 last year to 100000, concrete mixer trucks will increase from 35300 last year to 70000, concrete pump trucks will increase from 7964 last year to 15000, and excavators will increase from 180000 last year to 250000

according to the current growth rate of the international market, it is estimated that the international demand for major global construction machinery products in 2015 will be about US $210billion, of which the circulation sector will account for about US $70billion. The export volume of China's construction machinery products will be about US $26billion, double the US $10.3 billion in 2010

an executive of XCMG group, a leading Chinese construction machinery enterprise, believes that the sales revenue of XCMG group is planned to be about 300billion yuan by 2015, and the sales revenue of XCMG group will increase significantly in the five years of the 12th Five Year Plan. Zoomlion Zhongke will certainly exceed 100 billion yuan in 2015 at its current scale. Sany Heavy Industry plans to reach 300billion yuan in sales by 2015. The sales revenue of Xiamen Construction Machinery Co., Ltd., Liugong and other construction machinery enterprises is expected to be close to or exceed 100 billion yuan. It is no problem that the sales revenue of these enterprises will exceed 900billion yuan by 2015

in the next few years, China will vigorously rebuild irrigation and water conservancy facilities and vigorously build large-scale affordable housing projects. The rapid urbanization in China has a huge demand for construction machinery products. It is reported that 10million sets of affordable housing will be built nationwide this year. If calculated by 50 ~ 60 square meters/set, it will be about 500million ~ 600million square meters, equivalent to 50% of the sales area of commercial housing in 2010. These affordable housing can make up for the decline in the newly started area of urban commercial housing. This year, the No. 1 central document emphasizes the construction of farmland and water conservancy. It is estimated that the average annual water conservancy investment in the next 10 years will double that in 2010. During the "12th Five Year Plan", China's water conservancy investment will reach 2trillion yuan, an increase of 186% over the "11th Five Year Plan", which will bring strong market demand to China's construction machinery industry

worries about capacity expansion

suzimeng believes that the average annual growth rate of China's construction machinery industry during the "12th Five Year Plan" period is 17%. This year, the growth rate of China's construction machinery industry, which can preserve the graphene body attribute to the greatest extent, will drop to about 17% from 38% last year. The replacement import of synthetic rubber and synthetic fiber will be included in the product structure adjustment and control. Of course, this is not only related to China's macroeconomic development, but also related to the structure of China's entire construction machinery industry

according to the 12th Five year plan released by China at the beginning of this year, the average growth rate of China's economy during the 12th Five Year Plan period will be adjusted from high-speed growth of 8% to rational growth of 7%. In the years when the financial crisis was most serious, China's construction machinery industry has developed rapidly, and now China's construction machinery industry will return to a rational growth track

suzimeng emphasized that some industries in China's construction machinery industry grew very fast. As a result, market participants generally favored these industries, so they greatly expanded production and increased production capacity. Take the excavator industry with huge domestic demand as an example. Last year, the sales volume of excavators in the industry that does not coincide with the main needle was nearly 180000 units. However, according to the production expansion plans obtained by major enterprises, this year's excavator production capacity will be as high as 300000 units, while this year's excavator market demand is about 250000 units, which will inevitably lead to the problem of overcapacity

in order to dig for gold in the construction machinery industry, funds from other industries have also entered the construction machinery industry. Rongsheng heavy industry group, a domestic shipbuilding giant, has planned to invest more than 3 billion yuan to start the construction of excavators and rotary drilling rigs. It is estimated that the production capacity will reach about 30000 units in the next two to three years. Even Wuliangye Group, a famous Baijiu enterprise, has entered the construction machinery industry, and plans to build a medium and high-tech industrial park with a production capacity of 10000 units Small excavator project

XCMG plans to increase the output value of the excavator department from 1billion yuan last year to 4billion yuan this year, and increase the annual sales target from 66billion yuan last year to 93billion yuan this year, with a growth rate of about 40%. Recently, XCMG exported more than 6000 sets of equipment to Venezuela, a South American country, with an amount of 4.8 billion yuan, including excavators and other products. Affected by the positive demand of overseas markets due to the gradual recovery of the global economy, many construction machinery enterprises stepped up their capacity expansion. In order to strive for a larger market share when the domestic market slows down, some construction machinery enterprises increase sales by rewarding cars, low down payment and zero down payment, which are not conducive to the healthy development of China's construction machinery industry and will inevitably lead to relevant national market regulation. Therefore, it is not surprising that China Construction Machinery Industry Association has set a target of 900billion yuan of sales revenue of construction machinery during the "12th Five Year Plan"

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