HAINAN TONGTAI IMPORT AND EXPORT CO., LTD
 Whatsapp:+86-13071096778
English
You are here: Home » News » World Journal of the Philippines: The rapid growth of China's overseas sales of construction machinery helps stabilize the global supply chain

World Journal of the Philippines: The rapid growth of China's overseas sales of construction machinery helps stabilize the global supply chain

Views: 1     Author: Site Editor     Publish Time: 2022-10-31      Origin: Site

In 2021, the prosperity of the construction machinery industry declined. The repeated COVID-19 epidemic, the price hike of commodities such as steel, and the dual control of energy brought challenges to the development of the industry. China Construction machinery still delivered good "results" : Sany Heavy Industry mining machinery, Xugong machinery lifting machinery, Zoomlion construction lifting machinery, the global sales of record high, ranked first in the world.


In 2021, Sany doubled its sales revenue in more than 50 countries, with growth of 93.5% in Asia and Australia, 42% in Europe, 108.1% in the Americas and 118% in Africa, according to the annual report. Great progress has been made in overseas market channel construction, overseas new product research and development, service capacity construction, agent system construction, service parts system construction and digital work.


After years of exploration, Xugong Machinery has formed an international development model of "four in one" : export trade, overseas greenfield factory construction, transnational merger and acquisition and global research and development. In 2021, the company invested $99 million to set up Xugong America Company and its subsidiaries to undertake the implementation and landing of Xugong's internationalization main strategy in North America.


As an enterprise participating in the construction of the "Belt and Road", Zoomlion has built a number of R&D, manufacturing bases and trading platforms along the "Belt and Road". The company's products cover 87 countries and regions along the route, and these products serve various projects in the local area.


According to industry insiders, China's overseas construction machinery market is bucking the trend. In addition to the global economic recovery and the release of international market demand, China's overseas construction machinery market is also benefiting from the combination of multiple advantages such as a complete industrial chain, breakthroughs in key and core technologies, and globalization layout.


China has the most complete industrial chain of construction machinery in the world. Under the impact of the pandemic, local governments in China have implemented "one enterprise, one policy" and "one chain, one policy" to ensure the smooth transportation of key materials and important products. Enterprises upstream and downstream of the supply chain have worked closely to ensure the execution of overseas orders and contribute to the stability of the global supply chain.


Leveraging its advantages to make up for the gap in international production capacity, China's overseas share of construction machinery continues to rise. According to the statistics of China Construction Machinery Industry Association, in 2021, China's construction machinery exports reached 34 billion dollars, a year-on-year increase of 62.78%; The export destinations are mainly countries along the "Belt and Road", and the popularity of European and American countries is also rising.

图片

QUICK LINKS

CONTACT US
Whatsapp:+86-13071096778
Hainan Address:99 Jinjiling Road, Tianya District, Sanya City, Hainan Province
Henan Address:Building 1, Yaxing Times Square, Zhengzhou City, Henan Province
ONLINE MESSAGE
COPYRIGHT © HAINAN TONGTAI IMPORT AND EXPORT CO., LTD ALL RIGHTS RESERVED TECHNICAL SUPPORT :COVERWEB