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Construction machinery has huge growth potential in foreign markets
Construction machinery has huge growth potential in foreign markets
Inthefirstyearofthe"TwelfthFive-YearPlan",China'sconstructionmachineryenterprisescontinuedtoadvancetowardthegoalof900billionyuan.Xugong,Sany,Zoomlion,Liugong,ShandongHeavyIndustryandotherenterpriseshaveraisedtheirsalestargetsby100billionyuan.ThepatternofindustrialconcentrationandenterprisescaleinChina'sconstructionmachineryindustryhasbeguntoappear.Atthesametime,theoutstandingfeaturessuchasintensivetechnology,highaddedvalue,largegrowthspaceandstrongdrivingactionaremoreprominent.Withthesuccessivelaunchofdomesticenterprisesrepresentingproductsofinternationallyleadingtechnologylevel,thepositionofChina'sconstructionmachineryindustryintheworldhasundergonetremendouschanges,andthedemandforproductsfromvariouscountrieshasbeenincreasing.ThedomesticmarketsituationisgoodFromJanuarytoApril2011,thecumulativesalesofloaders,bulldozers,truckcranesandexcavatorswere99109,6599,16941and100927,respectively,up26.20%,43.60%,36.40%and47.40%.Fromtheindustryincomeanalysis,fromJanuarytoApril2001,theindustryachievedamainincomeof144.05billionyuan,anincreaseof51.8%.Theindustrygenerallybelievesthatconstructionmachinerywillremainatahighleveloverallgrowththisyear,butthegrowthratewilltendtobestable.SenioranalystsofChinaConstructionMachineryBusinessNetworksaidthatalthoughitwasthetraditionaloff-seasonafterApril,manyconstructionmachinerycompaniesexpressedtheirconfidenceinthemarket.Duringtheoff-season,enterprisesaretakingthetimetocultivateinternalstrengthinordertoimproveproductqualityandenhancebrand.Withthepromotionoftheconstructionofwaterconservancyandhydropowerduringthe“TwelfthFive-YearPlan”period,theconstructionofnuclearpowerandwindpowerwillalsobecomethemainforceinthedomesticdemandmarketofChina'sconstructionmachinery.Inaddition,China'srailways,highwaysandsomehousingconstructionhavealsodirectlystimulatedthedevelopmentofChina'sconstructionmachinerymarket.Duringthe"TwelfthFive-YearPlan"period,thestatewillinvest10trillionyuanintransportation,whichcanstimulateChina.Sensitivenervesofconstructionmachinery.GreatgrowthpotentialabroadFromJanuarytoApril2011,China'sconstructionmachineryimportandexporttradevolumewas7.797billionUSdollars,anincreaseof50.1%overthepreviousyear.Theimportvaluewas3.69billionUSdollars,up46.5%overthepreviousyear;theexportvaluewas4.2billionUSdollars,up53.3%overthepreviousyear,andthetradesurpluswas510millionUSdollars,asignificantincreasefromthepreviousmonth.Amongthem,thecumulativeexportofcompletemachineswas2.71billionUSdollars,up52.5%overthepreviousyear,accountingfor64.5%oftotalexports;partsandcomponentsexportswere1.49billionUSdollars,accountingfor35.5%oftotalexports,up54.8%overthepreviousyear.ThecumulativeexportgrowthinFebruary,MarchandAprilwas37.4%,50.9%and59.3%,respectively.SenioranalystsofChinaConstructionMachineryBusinessNetworksaidthatasinternationalgiantscontinuetorealizethelocalizationoftheChinesemarket,theoperationsofdomesticenterprisesalsoneedtogohandinhand,andseekcommondevelopmentathomeandabroad.Especiallywiththecontinuousrecoveryofforeigneconomiesinthenearfuture,manyforeigncompanieshavebeguntopayattentiontocountrieswithrelativelydevelopeddevelopmentofengineeringmachinerysuchastheUnitedStates.China'sconstructionmachineryenterprisesshouldalsoseizetheopportunitytoactivelyparticipateintheinternationalmarketwhileconsolidatingthedomesticmarket.Inthecompetition.Intheoverseasexpansionofthecompany,itisnotuncommontolearnfromtheexperienceofsuccessfulcompanies.Whetheritisoverseasmergersandacquisitions,equityparticipationornewconstruction,therearetwopurposes:toachieveregionalexpansionandestablishaninternationalbrand,andalsotoestablishacorporatereputation,likeIntheearlyacquisitionofItalianconcretemerchantsbyZoomlion,thecaseofbecomingthebossofconcretemachinerywasthebestproofofthelatter.Inoverseasexpansion,culturalintegrationandproductadaptationaretwokeyfactorsforbusinesssuccess.Duringthe"TwelfthFive-YearPlan"period,itisagoldenperiodforthedevelopmentofChina'sconstructionmachineryenterprises.Whetheritcanconsolidatethedomesticmarketandopenupoverseasmarkets,thekeyliesintheadjustmentofcultureandproducts.Especiallyinforeignmarkets,culturaldifferencesarethekeytothesuccessofoverseasexpansion.China'sconstructionmachinerymustbelargeandstrong,andmustberepairedbothinsideandoutside.Whileimprovingproductquality,wemustnotforgettheconstructionofculture,andtruly"bothhandsandhardhands"!
Concrete machinery will continue to grow at a constant rate in 2012
Concrete machinery will continue to grow at a constant rate in 2012
Accordingtostatistics,thegrowthrateofconcretemachineryinthesecondhalfof2011hassloweddowncomparedwiththatof2010,butSanpengHeavyIndustryMengPengpointedoutthattheordersgeneratedbytheconstructionofaffordablehousinginthefuturecanmakeupforthedeclineinordersforcommercialhousingandrailwayconstruction.WiththesoaringdemandinhotspotssuchasXinjiang,thesecond-andthird-tiercitiesgraduallypromotingcommercialmixandthechangeintheconceptofequipmentselectionbycustomers,2012willcontinuetogrowataconstantrate.ThefutureconstructionplanoftheaffordablehousingwilldrivethemarketdemandforconcretemachineryTheconstructionofaffordablehousingwaslaunchednationwidein2010,andin2011,affordablehousingenteredalarge-scaleconstruction.AccordingtothepersoninchargeoftheMinistryofHousingandUrban-RuralDevelopment,in2012,morethan7millionsetsofhousingwillbebuiltintheconstructionofaffordablehousingandshantytowns,andmorethan5millionsetswillbebuilt.Theamountofcompletionwillbehigherthanin2011.Thegoalofthe“TwelfthFive-YearPlan”statesthatthecoverageofaffordablehousingwillreach20%bytheendofthe“TwelfthFive-YearPlan”period.ThereporterreviewedtheconstructionplansforaffordablehousinginInnerMongolia,HainanandHebei,andthenumberisquitelarge.Itisconceivablethattheexpectedsupplyofsuchalargeamountofaffordablehousingwillgreatlyaffectthestockmarketinvestorsandtherelatedindustriesincludingtheconcretemachineryindustry.In2012,InnerMongoliawillhave277,700setsofaffordablehousingtobebuilt.ThereporterlearnedfromtheInnerMongoliaAutonomousRegion'sSafeHousingProjectConstructionConferencethatin2012,InnerMongoliawillstart277,700setsofvariousaffordablehousingprojectsand18.65millionsquaremeters.Theactualscaleofconstructionisthehighestinhistory.In2012,theconstructionplanofaffordablehousinginHainanProvincewas75.541millionsets.In2010,HainanProvincefirstproposedtheconstructionofpublicrentalhousing.Inthatyear,3,900publicrentalhousingunitswerebuilt,and11,000unitswerebuiltin2011.In2012,theprovince'surbansecurityhousingprojectplanwas75.541millionsets(excludingruraldilapidatedhouses),ofwhich12,500setsofpublicrentalhouseswillbebuilt,whichisthefocusofthisyear'sconstructionandaccountsforthe“mainstream”status.Hebeiwillbuild286,000setsofaffordablehousingin2012AccordingtotheHebeiProvincialDepartmentofHousingandUrban-RuralDevelopment,in2012,HebeiProvincewillstartconstructionofaffordablehousingandshantytownstorenovate286,000units,complete150,000sets,andadd13,000newrentalsubsidies.Accordingtoreports,in2011,HebeiProvincestartedconstructionof385,000setsofaffordablehousing,completed177,000sets,107,000familieswithhousingdifficultiesmovedtonewhomes,andtheconstructionofaffordablehousinginHebeiProvincerankedfirstinthecountry.ThefundadjustmentpolicytendstoguaranteetheconstructionofthehousingindustryAccordingtothe"2011FinancialInstitutionsLoanInvestmentReport"releasedbythecentralbank,thebalanceofaffordablehousingdevelopmentloansattheendofDecember2011was349.9billionyuan,atotalincreaseof175.1billionyuan,accountingfor50.1%oftheincreaseinrealestatedevelopmentloansduringthesameperiod.Itis31.7percentagepointshigherthanthebeginningoftheyear.Theincreaseintheproportionofaffordablehousingdevelopmentloanshasgraduallyincreased,indicatingthatcreditresourcesarefurthertiltedtowardstheconstructionofaffordablehousing.AccordingtotheMinistryofFinance’sstatementonthe6th,basedontheexistingsourcesoffundsforsecuringaffordablehousingprojects,theincreaseinlocalgovernmentbondincome,propertytaxincomefromthepilotareaof??individualhousingandhousing,andsomestate-ownedcapitalgainsandcitiesThemaintenanceconstructiontaxrevenueisusedtoprotectthehousingconstructionprojectandensurethatnofundinggapisleft.DemandforhotspotsinXinjiangdrivesgrowthintheconcretemachineryindustryAccordingtotheNationalDevelopmentandReformCommission,the"TwelfthFive-YearPlanforWesternDevelopment"isexpectedtobeannouncedinthefirstquarterofthisyear,andtheconstructionofthewesternregionwillbestronglysupportedbythepolicy.Accordingtothedata,duringthe“TwelfthFive-YearPlan”period,Xinjiangwillinvest100billionyuaneachyearforurbanconstruction;itisestimatedthat120billionto150billionyuanwillbeinvestedintransportationinfrastructureconstruction,and11,000kilometersofhighwayswillbebuilt,including1966kilometersofexpressways.Morethan1,300kilometersofnationalhighways.Thisyear,ruralroadconstructionwillinvest2billionyuantobuild4,500kilometers,improve40townshipsandtownsthroughasphaltroads,andsolvetheproblemofroadsin500villages.Thiswillbringhugedevelopmentopportunitiesforroadconstructionmachinery,maintenancemachinery,concreteandasphaltequipment.China'sconcretemachineryenterprisesgraduallybuildafoundationformarketdevelopmentRecently,intheconcretemachineryindustrycircle,everyoneishotlydiscussingonething,thatis,SanyHeavyIndustry'sacquisitionof"elephant".Inrecentyears,thecompetitionpatternoftheconcretemachinerymarkethasundergonetremendouschanges.FromtheacquisitionofItalianCIFAbyZoomlionin2008,totheacquisitionofGermany'sPutzmeisterbySanyHeavyIndustrythisyear,andtheworkingXugongtopurchaseGermanShiWeiying
Advantages and Status Quo of Equipment in Concrete Mixing Station Industry in China
Advantages and Status Quo of Equipment in Concrete Mixing Station Industry in China
AsChina'surbanizationprocesscontinuestoadvance,ready-mixedconcretehasbeenrapidlydevelopedandpromotedinlargeandmedium-sizedcitiesacrossthecountry,andconcretemixingstationshavealsoachievedrapiddevelopment.Atpresent,therearemanyproductionenterprisesinconcretemixingplantsinChina,andtheproductshavebeenserialized,butthetechnicallevelisuneven.Onlysomeproductsareclosetotheinternationaladvancedlevel.Sometechnologieshaveexceededthelevelofimportedconcretemixingplants,someofwhichhavehighautomationandproduction.Highcapacity,highweighingaccuracy,lowinvestment,goodmixingquality,canachievemulti-warehousenumber,multi-mixratio,continuousproductioncontinuouslyandhighdegreeoflocalizationofmainframeanditsmaincomponents,butChina'sconcretemixingplantTherearealsoshortcomingssuchaslowoveralltechnologycontent,lowpenetrationrate,largeregionaldifferences,lowintelligenceandlowenvironmentalperformance.AdvantagesofconcretemixingplantinChina:1.HighreliabilityTheconcretemixingplantequipmenthasbeendevelopedinChinaformorethantenyears.Thedevelopmentprocessistointroduce-digest-partofdomestic-alldomestic-improvement.Itisnormalforaconcretecompanytocontinuouslyproduce10,000cubicmetersofconcrete.Theperformanceofkeycomponentssuchasmainengine,screwmachine,maincontrolandpneumaticcomponentsisquitestable.Forexample,themixingbladesaremadeofuniquehighchromiumandhighmanganesealloy.Thematerial,shaftendsupportandsealformuseauniquemultiplesealorairtightnesstogreatlyimprovethereliabilityofthemainframe.Fortheimpactandeasywear,suchasthedischargehopper,thetransitionbucket,etc.,thewear-resistantsteelplateisstrengthenedintheinnerpart;thering-shapedbeltjointisvulcanizedandbonded,andtheservicelifeisincreasedby3timesthantheordinarysteelriveting,whichistoensureitsreliability.Prerequisitesforhighsexuality.2,thedegreeofautomationcontrolishigherAfter2002,manyconcretecompaniesbegantousetwo-wayhostmulti-parallelway,tosolvetheincreaseinproductioncapacitywhileensuringastandbyandreducingthewaitingtimeofconcretetransportvehicles.Mostofitscontrolsystemsarerelativelyadvancedandstable,andthedegreeofautomationisgenerallyhigh.Bothofthemcanbefullyautomatedandcontinuouslyproducedcontinuouslyforalongtime.Theoperatingplatformandcomputermonitoringinthecontrolroomcanvisuallyreflecttheentireproductionprocessandthesituationofeachpart,suchascementstorageofcementsilos,aggregatestorageinaggregatesilos,aggregatetransportationandconcretedischarge,etc.Inthecase,onceaproblemoccursinacertainpart,itcanbefoundintheshortesttimeandsolvedintime.3.Allmixingstationsarecontrolledbyindustrialcomputer,whichcanbecontrolledautomaticallyormanually,andtheoperationissimpleandconvenient.Thedynamicpaneldisplaystheoperationofeachpartofthemixingstation.Atthesametime,itcanstorevariousdataofthemixingstation,printvariousreportmaterialsaccordingtorequirements,andthestorageformulacanreachtensofthousands.Thecontrolroomisequippedwithairconditioningtoensurethedurabilityoftheelectricalcomponents,stableandreliableperformance.Thecontrolsystembasicallyadoptstwomodes.Oneisthedual-machinedualcontrolmode,thatis,thesystemiscomposedoftwohigh-performanceindustrialcomputers,oneisusedasthemaincontrol.Theproductionsystem,anotherbackupmachinethatservesasthemaincontrolproductionmachineasthemanagementandmonitoringsystem,hasthemanualandautomaticfunctionsasthemaincontrolsystem,andthedatasharingbetweenthecontrolmachineandthemanagementmachine.Whenthecontrolmachinefails,itcanbetransferredtothemanagementmachine.Worktomaximizethecontinuousoperationofthesystem.Theotheriscomposedofanindustrialcomputerplusbatchingcontrolinstrument,thatis,thebatchingcontrolinstrumentdataisinputintotheindustrialcomputer,andtheexecutionsignalisoutputthroughtheboardorthePLCprogrammablecontroller,therebyensuringthesystemcontinuestooperatenormally.Asurveillancecameracanbesetupinkeycomponentssuchasthemainunitdischargeportandthebatchingstation.4.HighproductioncapacityTheemergenceofdoubleparallelstationsandmultipleparallelstationshasgreatlyimprovedtheproductioncapacityofmajorconcretecompanies.Forexample,two120parallelstationscanincreasetheannualoutputofconcreteto600,000cubicmeters,andthreeparallelstations.Itcanberaisedtoabout800,000cubicmeters,whichfundamentallysolvestheproblemthatthelackofproductioncapacityrestrictsthefurtherdevelopmentofmostcompanies.5.HighmeasurementaccuracyThemeasurementaccuracyofconcretemixingstationisdividedintofouraspects,namelyaggregate,cement,waterandadmixture.Theaccuracyofaggregateisgenerallycontrolledwithin±2%,andtheprecisionofcementisgenerallycontrolledat±1%.Withinthewater,theaccuracyofthewaterisgenerallycontrolledwithin±1%,andtheaccuracyoftheadmixtureisgenerallycontrolledwithin±1%.Themeasurementofaggregateisgenerallycarriedoutbybeltweighingandweighinghopper.Thebeltiscalledcumulativeweighing,andtheweighinghopperisindividuallyweighedoraccumulated.Theweighingofcementandpowderisgenerallycarriedoutusingaweighinghopper.Whentherearemultiplepowders,theweighingisusedorweighedseparately.Themeteringofwatergenerallyhastwomethods:volumetrictypeandweighingtyp
Basic situation and trend of China's transportation infrastructure in the second half of 2012
Basic situation and trend of China's transportation infrastructure in the second half of 2012
Accordingtostatistics,inthefirsthalfof2012,domesticfixedassetsinvestmentintransportationwas549.408billionyuan,down6.2%year-on-year,andthedeclinewas1.9percentagepointslowerthanthatinJanuary-May.Itcanbeseenfromthedatareleasedfromvariousplacesthatmostofthetrafficsolidinvestmentinthefirsthalfoftheyeardidnotcompletehalfoftheannualplan,whichmeansthatthefixedassetsinvestmentintransportationwillcontinuetoincreaseinthesecondhalfoftheyear.Inresponsetothis,ChinaRoadMachineryNetworkrecentlyvisitedalargenumberoflargeusersofChinaCommunicationsandChinaRailwaySystems.Throughtheirfieldresearchandanalysisofrelevantnationalpolicies,weconductedanin-depthanalysisofthetrendofChina'stransportationinfrastructureinthesecondhalfoftheyear.Andinterpretation.WebelievethattheseanalysisandinterpretationwillhaveaclearerandclearerpredictionofthemarkettrendofChina'sconstructionmachineryindustryinthesecondhalfoftheyear.?Basicsituationandtrendofhighwayconstruction?SinceMarch2012,theStateCouncilhasdiscussedandapprovedthe“12thFive-YearComprehensiveTransportationSystemPlan”.Theplanclearlyemphasizestheneedtoseriouslypromotethetransportationinfrastructureandpromotethenationalhighwaynetworkplanningandruralroadconstruction.Itisunderstoodthatsince2009,thecompletionoffixedassetsinvestmentinChina'shighway,waterwayandtransportationindustrieshascontinuedtodecline.In2012,theplannedinvestmentforthewholeyearwas1.62trillionyuan,anincreaseof14.3%over2011,andthegrowthratehasrebounded.However,duetothehighdebtratiooflocalhighways,thefundingsituationinthesecondhalfoftheyearisnotoptimistic.AlthoughtherelevantpersonagesoftheMinistryofTransportsaidthatinordertoalleviatethefinancialpressureontheexpresswayindustryfromtheperspectiveofthecentralgovernment,thisyearwillfurtheracceleratetheprogressoftheallocationofbudgetfunds.TheapprovalspeedofmajorconstructionprojectsinChinahasobviouslyaccelerated,andsomeexpresswaynetworks,airportsandrailtransitprojectsAftercentralizedapproval,anumberofkeyregionalandkeyindustryprojectsaregraduallybeingintroduced.Inordertostimulateeconomicgrowth,variouslocalitieshaveadopteddifferentconstructionmodesaccordingtotheirowneconomicconditions,suchasthegeneralcontractingofdesignandconstructioninInnerMongolia,theintroductionofpartofthecapitalmethodinAnhui,andtheBTconsortiumofHainanproject,tofurtherstrengthentheoperationalmeansofshort-termandfast-movingprojects.Thewinningrate.Asthespeedofsomemajorinvestmentprojectsapprovedbythestateisalsoaccelerating,itisalsoagoodnewsfortheconstructionmachineryindustry.Inaddition,withtheadjustmentofnationalpolicies,thetransportationsystemsofvariousprovincesandcitieswillfollowthepolicyandmakecorrespondingadjustments.Forexample,JilinProvincewillhaveseverallargeexpresswaystobebuiltinthesecondhalfoftheyear;aseriesofBeijing-Shijiazhuang,XinghengHengshui,ZhangchengChengde,Xihuang,XiqiaoandShijiazhuangSouthRingsinHebeiProvinceLargeprojectswillbelaunched.?Basicsituationandtrendofrailwayconstruction?TheStateCouncilexecutivemeetingheldonMay23stressedthatitisnecessarytoconscientiouslyimplementthegeneraltoneoftheworkofstrivingforstabilityandcorrecthandlingoftherelationshipbetweenmaintainingstableandrapideconomicdevelopment,adjustingeconomicstructureandmanaginginflationexpectations,andputtingsteadygrowthonmoreImportantlocation.Subsequently,onthemorningofJuly9andthemorningofthe10th,PremierWenJiabaooftheStateCouncilhostedtwosymposiumsoneconomicsituationtolistentotheopinionsandsuggestionsofexpertsandbusinessleaders.Andonceagainsaid:"Thepolicymeasuresforsteadygrowthincludepromotingconsumptionandexportdiversification,butthecurrentimportantthingistopromotethereasonablegrowthofinvestment,especiallyinthefieldsofrailway,municipal,energy,telecommunications,health,educationandsoon.Confidence."Accordingtostatistics,fromJanuarytoMay2012,China'srailwayinfrastructureinvestmenttotaled105.48billionyuan,completing25.98%oftheinitialplanof406billionyuan.Wethinkthisisnormal.Inadditiontothespecialsituationin2011,themonthlyinvestmentinrailwayinfrastructurehasdecreasedmonthbymonth.TheproportionoftheactualinvestmentinrailwayinfrastructureinthetotalconstructionoftherailwayconstructionintheyearsfromJanuarytoMayof2007-2010istheproportionoftotalinfrastructureinvestmentintheyear.:25.94%,16.89%,24.83%and24.71%,sotheinfrastructureinvestmentinJanuary-May2012iswithinthenormalrange.Eveniftherailwayinfrastructureinvestmentin2012doesnotexceedtheplanatthebeginningoftheyear,itwillinvest30.52billionyuaninthenext7months.Comparedwiththeactualinfrastructureinvestmentof262.493billionyuaninthe7monthsafter2011,itincreasedby14.49%.FromtheperspectiveoftheproductionandsalesofthemainproductsofconstructionmachineryinJuly,thedeclinehasfurthernarrowed.Therefore,weexpectthesalesoftheentireconstructionmachineryindustrytostabilizeinthesecondhalfoftheyear.Inaddition,theMinistryofRailwaysrecentlyissuedthe“ImplementationOpinionsonEncouragingandGuidingPrivateCapitaltoInvestinRailways”,whichwillencourageandguideprivatecapitaltoentertherailwayfieldincompliancewithlawsandregulations.Itisals
The “Twelfth Five-Year Plan” for concrete machinery has a good market space
The “Twelfth Five-Year Plan” for concrete machinery has a good market space
2010isthemostpopularyearinthehistoryofChina'sconstructionmachinery.Inthefirsthalfof2010,thesalesofconcretemachineryreached50.6billionyuan.Thetaskforthewholeyearof2009wascompletedinhalfayear,withayear-on-yearincreaseof130%,anditwasthesolestayoftheconstructionmachineryindustry.Althoughthedevelopmentspeedhasbeenadjustedbackinthesecondhalfof2010,itisstillgrowingrapidly,withannualsalesexceeding90billionyuan.HeZaihua,aseniorresearcheratChinaInvestmentConsulting,pointedoutthataccordingtothedevelopmenttrendofconcretemachineryin2010,duringthe12thFive-YearPlanperiod,concretewillbecomeasub-sectionoftheleadingengineeringmachinery.Theaccelerateddevelopmentoftheindustrynaturallyattractsmanycompaniestocutintotheconcretefield.TheM&A-basedmarketexpansionisinfullswing,firstexpandingproductioncapacity,andthenestablishingproductionbasesindifferentregions,effectivelyreducinglogisticscostsinthecaseofcloseproximitytothemarket.Establishedaproductionandsalessystemcoveringthewholecountryandfurtherexpanded.Inthepaceofexpansion,theexpansionofZoomlionandSanyHeavyIndustryisparticularlyprominent,themarketisinanacceleratedstate,andthecompetitionisalsoaccelerating.Atpresent,themarketcompetitionsituationhasbeguntotakeshapeandthereisagrowingtrend.Thefirstisthegradualrecoveryofexports;thesecondistheaccelerationofurbanization,andtheinvestmentandconstructionofaffordablehousingwillweakentheinfluenceofinvestmentdecline.Leadingenterprises,theextensionoftheproductlinemustbethemainwayforthecompanytobroadenthefield,andtheleadingenterprisesareallfullypreparedfortheimprovementofcompetitiveness.Accordingtothe"2010-2015ChinaMachineryIndustryInvestmentAnalysisandForecastReport"releasedbyChinaInvestmentConsulting,China'sconstructionmachineryindustryhasdevelopedrapidlyinthepast10years.In2010,theindustry'soutputvalueisexpectedtoexceed400billionyuan.Accordingtoindustryplanning,by2015,theconstructionmachineryindustry'soutputvaluewillbeconservativelyestimatedtoexceed900billionyuan.However,comparedwiththeinternationaladvancedlevel,theaveragetechnicalgapofChina'sconstructionmachineryproductsisabout15years,mainlyintermsofproductreliability,machinelife,appearancequalityandinformationtechnology.Thesegapsareconcentratedinthefoundation.Thetechnicallevelofthecomponents.ZhangYulin,researchdirectorofChinaInvestmentConsulting,pointedoutthatalthoughthedevelopmentofconcretemachineryinChinahasalreadytakentheleadintheworld,thetransformationfromlargetostrongstillrequiresmoreefforts.Atpresent,thetrendofoverseasexpansionhastwodirections:usingoverseastoptechnologytocompensateforthetechnicaldefectsofChinesecompanies,ortoselectregionswithgoodmarketspacetoexpandoverseasmarketshare.Nomatterwhichkindofchoiceisinevitable,itwillinevitablyinvolvetheproblemsofpartsandcomponents.Therefore,capableenterprisesshouldmakeadifferenceinremovingbottlenecks,whichnotonlycangenerateconsiderableeconomicvalue,butalsoenhancetheinternationalcompetitionofconstructionmachineryinChina.force.
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