Twelfth Five-Year Construction Machinery Strives for Three Breakthroughs

Recently, Yang Baode, deputy secretary-general of the Construction Machinery Association, stated at the “2011 Investment Strategy Annual Meeting” organized by National Securities that during the “Twelfth Five-Year Plan” period, the annual growth rate of China’s construction machinery industry will reach 17%, and sales of construction machinery will be approximately It accounts for 1.5%-2.5% of the country's fixed asset investment. In addition, exports will be another powerful engine to stimulate the growth of the construction machinery industry.

He Zaihua, a senior research fellow at China Investment Consulting, pointed out that during the 12th Five-Year Plan period, the construction machinery industry will make breakthroughs in the following three directions. The first is the direction of exports. Currently, due to the different characteristics of various products in the market, there are major differences in the export situation. Although the cost performance of most products is higher than those of Europe, the United States, and Japan, there is still a certain gap in the quality of high-end products. This distance stimulates enterprises that want to open the international market to continue technological breakthroughs.

Secondly, the problem of the inability to self-sufficient core components at this stage has already been quite outstanding. The next 10 years will be a critical period of time. The degree of breakthrough in components directly affects the self-sufficiency of the construction machinery industry. If breakthroughs are made in components based on hydraulic pumps and engines, this will greatly change the current situation in China's manufacturing and challenge China's creation. Thirdly, the year of 2011 as the beginning of the 12th Five-Year Plan period will inevitably be the peak period for the introduction of policies. Ordinary enterprises should use the year of expanding domestic demand to speed up industrial layout and capacity expansion.

According to the "2010-2015 China Machinery Industry Investment Analysis and Prospects Forecast Report" released by the China Investment Advisor, it is shown that during the "12th Five-Year Plan" period, the policy environment for the adjustment and revitalization of the equipment manufacturing industry with construction machinery as an important component will continue to be optimized. In addition, according to the division of labor of the State Council's key work units, the state will continue to promulgate relevant policies and measures to effectively provide policy guarantees for industrial restructuring and rejuvenation and scientific development. China's construction machinery industry will achieve sound and rapid development through structural adjustment and transfer.

Zhang Yanlin, research director of China Investment Consulting Co., Ltd. pointed out that the fixed-year investment in the first five years of planning will generally be high, which is an opportunity for some industries. The intensive period of policy introduction will usually drive up stock prices, using high-quality financing platforms and appropriate The expansion of financing opportunities in the intensive period of policy issuance will establish a strong backing for the expansion of the company, and the effective expansion of the capital chain will help strengthen the competitiveness of domestic enterprises and participate in international competition.