Construction machinery industry increased 4%-5% year-on-year

Recently, Jun Jun, president of the China Construction Machinery Industry Association, said that at the beginning of this year, the annual growth rate of production and sales of the construction machinery industry was expected to reach 12%. However, the current situation is very difficult, and the annual growth rate is expected to fall to 4%-5% year-on-year. , will rise to 12% in 2013.

It is reported that due to the deceleration of infrastructure investment after 4 trillion yuan in investment, the growth rate of the construction machinery industry has dropped sharply, and sales of some products in the first nine months of the year have even dropped by 40% year-on-year, and the growth rate of the industry is still falling. According to the data released by the association, the sales growth of cranes, excavators and loaders in September decreased by 19%, 33% and 38% respectively year-on-year. In this regard, some companies believe that the current industry growth rate is returning to normal. The growth rate of more than 40% in 2010-2011 was abnormally high under the stimulus of 4 trillion yuan and cannot be sustained.