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2018 construction machinery industry will welcome the development of opportunities

As the pace of "going global" continues to accelerate, China will become the world's major capital exporter. By deepening the "Belt and Road" strategy, we will promote the globalization of resource allocation and, at the same time, speed up the signing of bilateral or regional investment agreements with countries along the Belt and Road initiative to expand the influence of China's overseas economy.

From January to March 2017, about 40,000 excavators were sold, an increase of 98% over the same period of last year. In the first half of the year, total sales of excavators were about 75,000 units, up 100% over the same period of last year. From January to September 2017, the excavators included in the statistics of China's construction machinery trade network 24 excavator manufacturing enterprises have accumulated sales of various types of excavators about 100,000 units, an increase of 99%. According to "Construction Machinery Manufacturing Industry Market Demand Forecast and Investment Strategy Analysis Report" predicted that by 2020 China's construction machinery sales in domestic and foreign markets will reach 620 billion yuan, more than 4,557 billion yuan in 2015 sales of more than the industry Nearly 180 billion yuan.

In the context of a sharp recovery in demand for construction machinery, corporate profits have improved significantly, while the erosion of asset impairment losses has also declined.

From the perspective of the whole country, it has been too early to say that the economic cycle has been reversed and the transformation and upgrading have been accomplished. As an enterprise, more efforts should be made to improve internal strength.

In recent years, the state has continued to push forward the "three reductions, one reduction and one subsidy" and the "structural reform on the supply side". Some enterprises adjusted their capacity structure and returned to the main industries, making the areas they are best at becoming the major development directions. In addition, due to the deterioration of operating risks due to the decrease of the scale of the industry and the decrease of profits, the acceleration of consolidation and consolidation of industries, some smaller and weaker enterprises gradually lose market share and withdraw from the market, and the market share of the industry gradually leans to leading enterprises.

The real estate industry is the main factor leading the demand for construction machinery, but the importance is gradually declining. With the recovery of industries such as infrastructure and mining, the importance of real estate investment in the construction machinery demand will gradually decrease, at the same time, it will also bring development opportunities to the construction machinery industry.

Construction machinery industry is a strong cyclical industry, from the long-term demand vulnerable real estate investment, infrastructure investment growth. Since 2017, the growth rate of investment in infrastructure has remained at a relatively high level. However, the growth rate of real estate investment has been slowing down and the macroeconomic demand has tenacity. Looking to 2018, real estate investment or will continue to fall, infrastructure investment growth or will slow down, the marginal decline in macroeconomic indicators.

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