In Bangkok, Thailand, a landmark skyscraper at the chao phraya river, which is 303 meters high, recently entered a high-rise construction phase. Three new high-speed elevators made by zoomlion, a Chinese engineering machinery company, made their debut overseas. Before that, the "made in China" tower crane, concrete pump and other equipment have been put into the project.
In the construction site of the countries along the One Belt And One Road, there are more and more "figures" of Chinese engineering machinery. The author understands, as countries to speed up along the railways, highways, ports and other infrastructure interconnectivity, engineering machinery and related investment and development, construction enterprises, became the main force of the "going out" and the international cooperation capacity.
"One Belt And One Road" offers huge market opportunities. Construction projects have been using machinery to maintain rapid growth in the first four months of this year, according to data released by the national bureau of statistics. Market analysts think, since the first quarter, in the "area" and the driving of the infrastructure investment in the domestic market, the engineering machinery product sales on red all the way, the enterprise performance is significantly improved.
Sany is one of the first to "go out". At present, sany heavy industry covers more than 100 countries and regions, with over 4,000 employees overseas. In the overall sales of sany, overseas sales have exceeded 40 per cent of the company's performance, with 70 per cent of the proceeds coming from countries and regions along the One Belt And One Road.
Just over a month ago, sany made its 4000th device in India. In important markets such as India, sany has sold nearly 1 billion yuan in sales in 2016, with sales of nearly 400 million yuan in the first quarter of this year, up 90 percent from a year earlier.
Sun changjun, vice President of zoomlion, said the "One Belt And One Road" initiative received a global response, releasing positive signals from the industry. Engineering machinery companies will seize the opportunity to invest more and expand overseas markets.
In fact, China's engineering machinery companies have not been without a bumpy ride. Li lei, general manager of sany's west Africa region, remembers that when he was sent to work in Kenya 10 years ago, the local market was dominated by European and American brands.
In the past few years, the international competitiveness of Chinese companies has increased rapidly. Learned, sany, zoomlion, XCMG are among the world's first phalanx of engineering machinery, cross-border m&a has multiple industry giants, some equipment in some areas and countries along the "area" of the market share forefront of even the first.
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