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China construction machinery industry will reach 900 billion market

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BEIJING, Oct. 18 Xinhua China Construction Machinery Industry Association, 17th expert analysis of that night in Liuzhou, Guangxi, if the "second five" investment in fixed assets during the period of about 20% growth rate in 2015, China's construction machinery market demand will reach 900 billion yuan.

The experts attending the Liugong ZL50CN loader, D Series excavators new release to do the above analysis. He believes that by 2015, China's construction machinery industry will reach 900 billion yuan market scale, market size crane industry will reach 900 billion yuan.

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ZL50CN ZL50C loader loader is an upgraded version of the application of intellectual property rights with Liugong new low-speed power and transmission, energy-saving integrated operating condition of 8%, and its strong traction and faster speed to meet a variety of complex work state requirements. New D Series Intelligent excavator will fully replace the original C-series products. Euro II standard excavator products which the standard Cummins engine. Compared with the same type of diesel engine, which excavators 40% fewer parts, the failure occurrence rate is substantially reduced.

It is reported that modicum of success in exports has been based on overseas manufacturing Liugong stage began. July 2008, India started building the factory, which is Liugong first overseas manufacturing plant. July 8, 2009 Indian plant was completed and officially opened the first steps towards international manufacturing Liugong.

Liugong Group Chairman Wang Xiaohua, said in an interview, Liugong Group to become a world-class engineering enterprises in overseas markets will have a certain market share. From 2010 to 2015, he set to the enterprise market share target is overseas, 20% to 30%.

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