The export volume of construction machinery set up overseas factories to bypass trade barriers reached a new high
the export volume of construction machinery set up overseas factories to bypass trade barriers reached a new high
China Construction machinery information
Guide: Data show that in 2011, the operating revenue of China's construction machinery industry increased by 17% year-on-year, reaching about 500billion yuan, and the export volume exceeded 15billion US dollars, surpassing the highest level in history. Among them, in January, the overseas export volume increased by 51%, and the domestic market sales growth in the same period was only about 30%, significantly lower than the hai216 push-pull steel market outside the window
data show that in 2011, the operating revenue of China's construction machinery industry increased by 17% year-on-year, reaching about 500billion yuan, and the export volume exceeded 15billion US dollars, surpassing the highest level in history. In January, the overseas export volume increased by 51%, while the domestic market sales growth was only about 30%, significantly lower than the growth rate of overseas markets. In fact, the fact that construction machinery enterprises have moved to overseas markets is also related to the shrinking domestic market demand and the surge in foreign market demand. The global layout has become the collective choice of Chinese enterprises
Su Zimeng pointed out that the growth of the international construction machinery market has doubled and will continue to expand. In 2011, the overseas export volume of China's construction machinery has increased by 51%, and the domestic market sales growth in the same period was only about 30%, significantly lower than the growth rate of overseas marketsaccording to the statistics of the General Administration of customs, the import and export trade volume of construction machinery during the first to third quarters of 2011 was US $18.229 billion, an increase of 35% over the previous year. Among them, the import amount was 7.2 billion US dollars, an increase of 16.8% over the previous year; The export value was US $11.028 billion, more than that of the whole year of 2010, an increase of 50.2% over the previous year, and the trade surplus was US $3.827 billion
the export of construction machinery products showed a trend of low before high after low, and the growth rate has always maintained a high level. Since May, the monthly export volume has continued to increase. Since July, the export volume has reached a new high, reaching $1.485 billion in September
the cumulative export of spare parts was 3.89 billion US dollars, accounting for 35.25% of the total export, an increase of 48.88% over the previous year. The export of complete machines reached US $7.14 billion, an increase of 51% over the previous year, accounting for 64.75% of the total export
compared with the sales growth in foreign markets, the demand for construction machinery products in the domestic market has declined since April, and the sales volume has declined
some experts from the General Research Institute of the Academy of Mechanical Sciences believe that the development of domestic construction machinery companies will rely more on the growth of the international market in the coming years
according to the analysis of people in the industry, the original price advantage of construction machinery enterprises is gradually losing due to the rise of Chinese workers' wages and the rise of RMB. At the same time, the relative overcapacity in the domestic market is also a factor for enterprises to invest overseas. According to a report of Boston Consulting (BCG), it is estimated that the wage cost of China's manufacturing industry will increase by 17% every year in the next five years, while the wage increase of American manufacturing industry will be only 3%
a person engaged in the import and export business of construction machinery said, "under the condition of continuous appreciation of the RMB, localized production can effectively avoid the loss of profits caused by changes in the exchange rate. For every one percentage point appreciation, the enterprise's profits will be reduced by one percentage point. In the fierce market competition, if the RMB continues to strengthen, the export of construction machinery industry will be seriously affected."
after the rapid development in 2010, China's construction machinery industry has rapidly grown into a large country of construction machinery. However, the growth rate of domestic construction machinery fell in 2011, and the domestic economic situation is not enough to form a strong support for the future high-speed development of the industry. In order to achieve sustainable development, domestic construction machinery must look for more power. The international market not only has the resources with strong technical foundation, but also has the emerging markets that accelerate the start-up. The development of domestic enterprises to a certain extent inevitably requires a larger stage. The above two factors are important factors for the rapid growth of enterprises. Overseas investment is an important way for enterprises to grow and an important direction for their future development
setting up factories overseas to bypass trade barriers
in fact, setting up factories overseas is also an important strategy for enterprises to adjust their layout and avoid market risks. In recent years, the foreign trade friction of the construction machinery industry has been escalating, and the direct export mode has been subject to more and more restrictions such as anti-dumping, technical barriers and green barriers
it is understood that the European Commission has implemented phase IIB emission standards since January this year for diesel engines with a power range of 130kW to 560kw for non road machinery. The EU Ⅲ B phase Emission Standard imposes stricter restrictions on the emission of particulates from the engine, from 0.2g/kwh to 0.025g/kwh. To meet this limit, diesel engines must be equipped with particulate filters to solve this problem
wangjinxing, director of the general office of China Construction Machinery Industry Association, said that the continuous improvement of foreign emission standards will further raise the export threshold of China's construction machinery. Liugong's secretary Wang Zuguang said that since domestic engines could not meet the export requirements, Liugong could only purchase engines of foreign brands
Hu Chi, deputy director of China Entrepreneurs Association and China Enterprise Federation, said that it is an inevitable trend for construction machinery enterprises to set up factories overseas. Setting up factories overseas with independent brands and employing local workers relying on the strong media resources of Jung group can not only effectively reduce labor costs, but also improve relations with the local government and achieve localized production. "However, it is not entirely plain sailing for construction machinery enterprises to go to sea. We must be rational when formulating the overseas expansion strategy that we can safely use Zhang." Hu Chi said so
LINK
Copyright © 2011 JIN SHI