May 26, 2021 07:46 AM (GMT+8) · EqualOcean
CSCI pointed out that the growth rate of construction machinery industry slowed down in April 2021, but there was no risk of significant fluctuations. First of all, the proportion of down payment in the industry is much higher than that in 2010-2011, and there is no overdraft downstream demand; Secondly, China plans a series of major projects during the "14th five year plan" period, and the demand for construction is strong; Moreover, China's environmental protection and overload control policies brought about by the demand for upgrading continues. In addition, in the trend of aging, artificial replacement will continue to promote the penetration of construction machinery. Finally, the overseas construction machinery market is broad, leading enterprises going to sea will bring sustained growth.