Construction machinery enterprises follow the "one belt and one road" initiative to go out in the first half of the year, the market is beautiful.-News China Suppliers & Manufacturers

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Construction machinery enterprises follow the "one belt and one road" initiative to go out in the first half of the year, the market is beautiful.

     Thai National Railway Station, Money Railway (the first railway built since Kenya's independence), Brunei Sea Bridge... In a number of super projects along the belt, China's construction machinery products are covered by Sany, ZOOMLION and Xugong machinery.
    Since the "one belt and one road" initiative was put forward, China's major construction machinery enterprises have followed the national initiative to go out. From the latest information disclosed by construction machinery listed companies, the market performance in the first half of this year is mostly beautiful.
    Taking Xugong Machinery as an example, the announcement shows that the company is expected to make a profit of 1 billion yuan to 1.15 billion yuan in the first half of the year, and a profit of 550 million yuan in the same period last year, an increase of 81.81% to 109.09%. For the reasons for the growth of performance, the company indicated that the construction machinery industry benefited from the market opportunities brought about by the "one belt and one way" and the supply side structural reform.
    Not only Xugong, but also 31, Liugong and other enterprises in recent years have shown a good growth momentum in the "one belt and one way" area, pushing these enterprises out of the industrial machinery industry for 5 years. The support of national policies is undoubtedly a booster for the construction machinery industry to pick up.
    Especially since 2016, the "one belt and one road" construction project has landed in succession, which has provided valuable development opportunities for Chinese construction machinery enterprises. According to the statistics of the General Administration of Customs, China's construction machinery exports reached 20.1 billion US dollars in 2017, breaking through 20 billion US dollars for the first time, an increase of 18.5% year on year. The year-round export growth was the highest since 2012, and the trade surplus was a record $16 billion.
    It is noteworthy that the "white belt" of international infrastructure cooperation published recently by the China Development Research Foundation and the China contractors association of foreign contractors shows that the development of infrastructure along the "one belt and one road" area is obviously different. From the regional ranking, Southeast Asia continues to maintain strong growth momentum, ranking first in two consecutive years. Specific to the country, Indonesia ranked first in two consecutive years. Due to the huge population, the demand for infrastructure investment and construction in Southeast Asian countries continues to flourish, and there is a huge market space for investment and construction in energy, transportation, public utilities, construction and other fields in the region.
    In recent years, ten ASEAN countries have actively promoted the process of economic integration, and plan to improve transport infrastructure. This coincides with our "one belt and one road" initiative. Therefore, many Chinese enterprises are actively participating in infrastructure projects in ASEAN countries.www.ogoods.com

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