China Engineering Machinery Market Will Hit Nine Hundred Billion in 2015

In recent days, the topic of China construction machinery market will hit nine hundred billion scale in 2015 caused wide public concern. The main factors to support the grand goal is that Chinese mechanical engineering in recent years may have strong growth space. Although China's macroeconomic exist a certain degree, the squeeze tightening could certainly has limits. In addition, the scale of the social security room construction, rural urbanization would form a strong support to the engineering machinery market.

However, to achieve this goal, China need to overcome all kinds of shackles. China construction machinery supply capacity has met great challenges. For a long time in this industry, China don’t pay attention to host assembly form of the supply of spare parts production chain, thus disciplined by others in the core technology. Moreover, market technology thinking patterns, I'm afraid, needs adjustment. The coexistence of excess capacity and technical "hollow" embarrassed people. Whether "Nine hundred billion" can be realized becomes a chatting topic to different people".

"Nine hundred billion", the concept of total market scale of the China construction machinery in 2015, is initialed by QiJun, the President of the Chinese Construction Machinery Association in Shanghai last year during the global BMW exhibition. On May 9, the 2011 year "the global top 50 engineering machinery manufacturers” was announced in the ceremony. China Construction Machinery Association secretary-general SuZiMeng once again said that China has transcended North America, Japan, Western Europe to be the world's largest engineering machinery market. In 2011, China construction machinery industry is expected to exceed 500 billion yuan RMB sales and in 2015 industry sales will achieve 900 billion yuan.

At that time, "Nine hundred billion" caused an extensive concern and a hot debate from all walks of life.

Optimistic analysts pointed out that if in the term of the 12^th Planing the social growth rate of investment in fixed assets can remain at 20% level, then in 2015, China construction machinery market’s demand for 900 billion yuan will be possible.

British Engineering Machinery Consulting Co., LTD expected that the market of 2010 ~ 2014 engineering machinery will up to an average of annual rate of 393000 units, which is more than 208900 units in the year of 2005~ 2009.

Besides the Securities Research Organization personage thinks, during the period of the 12^th Planing, China's social transition will turn into two model, which will change the past pattern of relying on investment growth. Engineering machinery industry growth situation will slow down along with the national currency policy adjustment, the industry growth may also clearly appear to be weakening. In addition, influenced by the cost factors and the uncertainty of international market, it is possible to decrease the effects of exporting. However, the “Nine Hundred Billion” may not bring out negtive opinions.

While in China, in the view of several big engineering machinery enterprise, the "nine hundred billion" goal is obviously conservative, and even some business people have put forward the "two trillion" concept of such a extreme Numbers.

However, when we think twice, it is not possible. Recently, when the Shanghai stock market struggled to 2800 points, "Shanghai point theory" was also talked about? Whle accomplishing the “Five Year Plan” in one year advance often happens. Perhaps, only time will tell, these are ablaze in conversations, or clairvoyance forward of speech.

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