Wait for the disappearance of the capacity bubble in China's engineering machinery industry
The construction machinery industry is greatly influenced by the economic growth. In 2008, the outbreak of the global financial crisis, affected by the regulation of Chinese government, appeared a "blowout" growth in 2010. However, the good prospect is not long. Due to excessive irrationality, it will bring serious consequences. In the second quarter of 2011, the construction machinery market opened the downhill road, as of now, the industry continued to decline. In this process, many enterprises in the industry have problems such as overcapacity, profit decline, financial risk and so on. The consequences of government regulation are called "foam".
In the recent four years of industrial downturn, construction machinery enterprises began to transform and upgrade after undertaking the attack, and strive to change the way of development. So, the market has been further shuffled and standardized, and gradually returned to the normal state, the process experts call it "squeeze bubble".
During the 2015 global construction machinery industry conference, XCMG chairman Wang Min said: "don't worry, bubble almost packed, small and medium-sized enterprises were forced to give up the industry, now the market situation is from the original over inflated after diving causes, we can still see the construction machinery industry has great potential, but some changes and needs some competition fierce, manufacturers need to adjust the strategy and strategy."
If 5 years ago, judging that China's construction machinery industry has overcapacity, then we can judge that today, the bubble of China's construction machinery industry is coming to an end and when it will completely disappear, that is when engineering machinery is reinvigorated.
In the process of squeezing bubbles, each enterprise optimizes production capacity on the one hand, and on the other hand, it will vigorously develop overseas market. The backbone of Chinese engineering machinery enterprises in this round to bubble in the process, the endogenous growth, industrial clusters are casting the world competitiveness, The Belt and Road strategy has become the advantages of the equipment manufacturing industry China engineering machinery industry escort convoy. The layout of the overseas market gradually improve, force is imminent. In this, the achievements of Xugong Group are remarkable.
Recently, Xugong's overseas export market is gratifying: Xugong South America project, the first batch of 198 equipment has arrived at Venezuela port successfully after more than a month's sea trip. It is understood that Xugong recently sold nearly five hundred products in Venezuela, including truck cranes, van wagons, and excavating loaders. At present, the batches of equipment have been gradually distributed to the hands of the end users. The front employees of Xugong import and export company, Venezuela office, provide the customers with comprehensive equipment maintenance, maintenance and training for the first time, receiving the highly praised from the committee's friends. The good operation of the equipment also makes the people of Venezuela deeply feel the strength of China's equipment manufacturing industry.
Although the China engineering machinery industry development improvement is not too big, but still in the country "The Belt and Road" Internet plus engineering machinery "macro-control, upgrading and industrial restructuring enterprises, domestic engineering machinery will usher in a new round of the golden period of development!
