Post Inquiry
You are here:Home > News > Exhibition News > Detail

bauma China 2014: Summary on 2013 China Construction Machinery

2013-12-27 09:29 Kind:转载 Author:bauma Source:bauma
Statement:尊重合法版权,反对侵权盗版,若本网有部分文字、摄影作品等侵害了您的权益,在此深表歉意,请您立即将侵权链接及侵权信息邮件至我们的版权投诉邮箱:marketing@forkliftnet.com,我们会尽快与您联系并解决,谢谢您的配合.
It is the countdown of 2014. Looking back on 2013, this year carries the hope of recovery in the construction ...

It is the countdown of 2014. Looking back on 2013, this year carries the hope of recovery in the construction machinery industry; this year has witnessed the transformation and upgrading of enterprises as well as the attempt of innovation. Regardless of the ups and downs, we have much to ponder and summarize on 2013.

About the overview of 2013 construction machinery industry, vice president of China Construction Machinery Industry Association, made the analysis, from the economic indicators aspect: the continuation of the decline in revenue, rising costs, receivables increased, cash flow difficulties, the trend of falling profits; from the product sales aspect: many businesses have steady rise of product sales, more efforts on cost control, and gradually increase profitability. The vice president stressed that, to form a clear stable trend, further consolidating of achievements is a must. Now let us go through 2013 construction machinery by the following key words.

Mergers and acquisitions
Mergers and acquisitions can facilitate companies the powerful combination of complementary advantages. The overseas mergers and acquisitions have become an important gateway for China construction machinery to access the key technologies. Under the continued downturn of the domestic market, it could be a good plan for qualified enterprises to take advantage of the acquisition to develop superior products, improve the industrial chain, make breakthroughs, and win overseas market channels. On December 11, 2013, Sany and Palfinger holds 10% equity interest in the cross; On December 9, Volvo Construction Equipment Company agreed to $ 160 million acquisition of Terex off-highway dump truck business; On October 31, Liugong Machinery (Poland) Co. Ltd acquired ZZN transmission Factory in Stalowa Wola City of Poland; On September 10, Zoomlion wholly owned CIFA; On July 1, Sany took Putzmeister’s remaining 10% stake and completed 100% holding; On June 28, Weichai Power acquired KION, the world's leading manufacturer of industrial forklift. We expect these acquisitions will win initial success on resource integration and research in 2014.

New Urbanization
Urbanization seems to be one of the most favorable expectations for 2013 Chinese construction machinery but is difficult to predict. The Third Plenary of the 18th Party Congress in 2013 convened that China would carry out new urbanization, implement and improve regional development planning and policies to promote the development in underdeveloped areas. Urbanization has become an important part of the reform. So this is bound to bring the real estate investment and infrastructure implementation, as well as the prospect for construction machinery industry. With the increasing coverage of urbanization, the construction of new urbanization causes more demand for industrial equipment, which greatly enhanced the product sales of domestic construction machinery industry. An industry professional estimated that the machinery industry in the upcoming 2014 will have good prospect. However, the enterprises are aware that it is not a long-term solution to blindly rely on external fillip, but to strengthen the competence of enterprise itself is fundamental to obtain sustainable development.

Agricultural Machinery
When many sub-sectors of the machinery industry trapped in the loss trouble, struggling with rising inventories and receivables, China agricultural machinery industry has been outstanding in 2013, and harvesting machinery, tractors and other major agricultural products sell very well. China Agricultural Machinery Distribution Association data show that from January to September , agricultural machinery industry realized a total sales revenue of 235.5 billion RMB , an increase of 17.6% , 5.4 percent higher than the national machinery industry sales value ( 12.2% ). This not only outperformed the machinery industry market, but the increase ranked first among the 13 mechanical sub-sectors. Foton Lovol was the first to enter the agricultural sector with its feature product, the wheat harvester; Chery Heavy launched a series of agricultural products; Zoomlion, Sany, XCMG, Geely Group, Beijing Automotive Group and other key players of engineering machinery and automobile have carried out the plan to enter the agricultural sector. The huge China agricultural machinery market has attracted not only domestic equipment manufacturers, but also has John Deere, AGCO, Kubota, Yanmar and other foreign giants set up factories, joint ventures, mergers and acquisitions to enter China agricultural industry. 2014 agricultural machinery market will have a broader space for development.

Documentary: China Machine
November 5, 2013 held the launch ceremony of CCTV masterwork “China Machine” and this is the first documentary to show large achievements of China’s manufacturing equipment. Once the program aired, China’s construction machinery industry was touched, and rethought the whole industry. In the documentary, we saw the great efforts that the large-scale equipment manufacturing enterprises in China made to achieve technological breakthroughs. It is a spirit, an indomitable force, a faith to make innovation, which touched and inspired the people of China Construction Machinery to go forward down to earth. We listened to Wang Min, president of XCMG how they worked hard to become one of the leading construction machinery companies in the world. We saw the latest products standing gorgeously at bauma China, the leading trade fair for the Chinese and Asia construction industry, the industry professionals busy with business meetings bustling through the grand exhibition area; bauma China developed together with China construction machinery industry since 2002, provides the convenient business platform for domestic and foreign to have technology exchange and business trades. bauma China 2014 will take place in Shanghai New International Centre on 25-28 November 2014. Would you like to know the new products, technologies and the latest developing trends of the construction industry? Welcome to bauma China 2014!

2013 will pass by the New Year’s bell, taking away the year’s glory and misery; 2014 is approaching with more surprises and opportunities! After the summary and reflection, wish the Chinese construction machinery in the new year a successful transition and internal enhancement, and be out of the industry haze. 2014, here we come!

Net Friend Comment
Speak rationally. No advertising.

Relevant Info

Hot News
Recommended Pictures