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With the shift of production and demand of global construction machinery, China becomes the global
manufacture center and important market of construction machinery industry. Most of the leading
construction machinery enterprises across the world enter China. In the field of China’s construction
machinery, foreign-funded enterprises occupy a considerable share.
In 2011, China’s construction machinery industry was in good development situation and the sales
revenue exceeded CNY 500 billion, with an increase of more than 30% YOY.
In 2011, the sales revenue of the top 50 construction machinery enterprises in China accounted for over
80% of the whole industrial revenue, among which, the annual sales revenue of three large-sized
enterprises, Xuzhou Construction Machinery Group, Zoomlion and SANY Group all exceeded CNY 80
billion. Apart from that, China had over 10 construction machinery manufacturers whose annual sales
revenue broke through CNY 10 billion, including foreign-funded enterprises.
In 2011, due to the long-term optimistic attitude of enterprises in the industry toward the construction
machinery market demand, investment and restructuring kept actively going on. The port-along
manufacturing base program invested by XCMG (Xuzhou Construction Machinery Group) was started and
XCMG concrete construction machinery base laid the foundation; The project with 80,000 excavators of
SANY Heavy Machinery was put into operation; Liugong Machinery acquired 42% shares of Shougang
Heavy Duty Truck and marched into mining machinery industry in cooperation with Shougang Mining; The
Shantui Concrete Machinery completed its Wuhan Industrial Park; Sunward Intelligent Equipment Group
laid the foundation stone of the Sunward Industrial City. In addition, Caterpillar, Komatsu, Hitachi
Construction Machinery, Terex and so on continually expanded their investment and layout in China.