Changsha Construction Machinery Industry Surpasses 300 Billion in Three Years

In the first half of this year, good news continued in Changsha, China's major construction machinery industry cluster. After Sany Heavy Industry completed the acquisition of the internationally recognized engineering machinery brand of Putzmeister, Germany, its business grew by more than 10%. Zoomlion has set a new global record of over 300 million yuan for single-handed sales of excavators.

The hero of the time, the fierce competition in the domestic construction machinery industry, has produced the latest results. Not long ago, the international authoritative media "International Construction" magazine released the 2012 global construction machinery list, indicating that Changsha has surpassed rivals in the country and become the world's construction machinery industry cluster area. In this new ranking, there are three companies in Changsha among the top 50 global construction machinery manufacturers in 2012. Among them, Sany and China United have ranked 6th and 7th respectively in the global construction machinery industry, and they are the biggest competitors in the country. -- XCMG ranked 11th.

Construction machinery is the first 100 billion yuan industry in Changsha's industrial economy. Although the current economic situation is complex and changeable, Changsha's construction machinery industry has maintained a steady development and has driven Changsha's industrial economy to rise. Zhaoyueyi, secretary of the Party Committee and Chairman of the Municipal Industry and Information Technology Committee, told reporters that from January to May this year, Changsha's construction machinery industry completed a large-scale industrial output value of 88.77 billion yuan, a year-on-year increase of 17.1%.

In the past few days, reporters shuttled to the site of construction machinery industry in Changsha. From Changsha Economic Development Zone in the east, Liuyang Manufacturing Industrial Base, to the Changsha High-tech Zone and Ningxiang Economic Development Zone in the west of the city, a large number of construction machinery companies are gathered. Sany Heavy Industry, Zoomlion, Shanhe Intelligence, Tiejian Heavy Industry, Hengtian Ninth Five-Year, Aoshengte Heavy Industry, and Non-ferrous Machinery, and the Changsha Construction Machinery Industry phalanx increasingly attracted the attention of the outside world. This year Changsha construction machinery industry has a total of 29 newly built and rebuilt projects. The planned investment for the whole year amounts to 4.262 billion yuan. After the production, the output value will increase by 60.39 billion yuan, and the new profits and taxes will reach nearly 1 billion yuan. Zoomlion's new industrial park, which was newly built by Zoomlion, has a total investment of 1.37 billion yuan. After the project reaches production, it will produce 10,460 sets of various types of environmental sanitation machinery and equipment. The estimated annual production value is 5.37 billion yuan and the annual profit is 430 million yuan. Shanhe Industrial City, located in Xingsha Industrial Base, is under intense construction. After it is completed and put into production, it will become the largest excavator manufacturing base in South China. Driven by a series of major industrial projects, the output value of Changsha's construction machinery industry will usher in a leap-forward growth. This year, the sales revenue of China United and China in the first three years will each sprint at the 100 billion mark. It is estimated that by 2015, the total output value of Changsha construction machinery industry will exceed 300 billion yuan.

Since the early 1990s, after more than 20 years of development, the construction machinery industry has become one of the most competitive industrial leading industries in Changsha. At present, Changsha has a total of more than 30 host companies and employs 100,000 people. It mainly produces 12 major categories, more than 100 subcategories, and more than 400 models of construction machinery products. A number of competitive companies represented by Zoomlion, Sany Heavy Industry, and Shanhe Intelligent have emerged in a sudden and have a strong competitive advantage in 14 product categories including concrete pump trucks, cranes, road rollers, and static pile drivers. Larger market share at home and abroad.

In the general trend of the global construction machinery industry accelerating the transfer to China, Changsha is making every effort to build supporting industries for construction machinery, extending the product chain, consolidating the foundation for development, accelerating the upgrading of industrial structure, and advancing the development of products to high-end, large-scale and intelligent, and foreseeable. The reputation of China Construction Machinery Industry Center will be a good name.