The average annual growth rate of the construction machinery industry in the “Twelfth Five-Year Plan” will reach 17%

The reporter learned from the Ministry of Industry and Information Technology on the 15th that the 12th Five-Year Plan for the construction machinery industry has been basically completed and is expected to be released as soon as possible. The plan is expected to grow at an average annual growth rate of approximately 17% for the next five years.

The reporter was also informed that the plan encourages mergers and acquisitions and revitalization, giving the leading enterprises a more relaxed development environment.

Internal and external demand market common volume
According to the plan, by 2015, the sales volume of China's construction machinery industry will reach 900 billion yuan, with an average annual growth rate of about 17%, of which exports account for about 20 billion US dollars, becoming the veritable exporter of construction machinery.

Those involved in drafting the plan pointed out that the 900 billion yuan sales target will be supported by high growth in social investment. “The market demand over the years has a positive correlation with the scale of investment. According to the basic judgment that the growth rate of fixed asset investment in the whole society should be controlled at around 20% during the 12th Five-Year Plan period, the analysis shows that China’s engineering in 2015 The market demand for machinery will reach 851 billion yuan."

In addition to the growth of domestic demand, the external demand market of the construction machinery industry will continue the current high growth momentum, and thus continue to enlarge in the “Twelfth Five-Year Plan”. Among the major international engineering and manufacturing countries, China has the strongest export growth in recent years. In 2008, its export volume increased by 17.8 times compared with 2002, and it has become a major exporter of international construction machinery.

And companies are also optimistic about the development prospects of the construction machinery industry. Xugong Group, Zoomlion and Sany Heavy Industry are planning to achieve sales revenue of more than 100 billion yuan at the end of the “Twelfth Five-Year Plan”. Liugong shares and Shandong Heavy Industry Group's target is 50 billion yuan. The other 11 large companies have also developed ambitious development plans.

Leading leading companies to high-end development
At present, in addition to China, the international construction machinery manufacturing industry is mainly concentrated in North America, the European Union, and Japan. In order to win the initiative in the future international competition and realize the transformation from manufacturing to big country, the "plan" requires that the whole industry should further improve the technical added value of product sales.

According to the introduction, a prominent problem in the current construction machinery industry is that key component manufacturing and core technologies seriously restrict industry development and industrial transformation. According to the above-mentioned person, "Some internationally strong enterprises are not given or limited supply due to the consideration of their own industrial safety. There are also various ways to increase the price of Chinese companies, such as price increases and delayed delivery."

In this regard, the person said, “It is necessary to implement original innovation, integrated innovation, introduction, digestion, absorption and innovation as an important goal, strengthen the construction of innovative R&D systems for basic technologies and key supporting components, and screen some common technologies and prepare specific ones. Special planning, and included in the Ministry of Industry and Information Technology and the Ministry of Commerce during the 'Twelfth Five-Year Plan period.

For the research and innovation of the above key technologies, leading enterprises are undoubtedly the most powerful. In addition, the plan also clarifies that it will guide the construction machinery product structure to the middle and high-end direction, and limit the entry of low-end products into the market through environmental protection, safety, energy consumption and other technical and regulatory standards, and make high-end products during the “Twelfth Five-Year Plan” period. The proportion has reached a considerable level.

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