Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's excavator sales surge in February

March 13, 2019


Abstract : Sales growth for China's major excavator producers saw notable growth in February, adding to evidence that economic activity remains resilient.

BEIJING, March 12 (Xinhua) -- Sales growth for China's major excavator producers saw notable growth in February, adding to evidence that economic activity remains resilient.

The country's 25 leading excavator makers sold 18,745 units last month, up 68.7 percent from the previous year, compared with a 10-percent increase in January, according to the China Construction Machinery Association.

In breakdown, 17,286 excavators were sold in the domestic market, up 77.7 percent year on year. Exports of the equipment edged up 5.19 percent to 1,459 units.

A total of 30,501 excavators were sold in the first two months this year, a 39.9-percent year-on-year growth.

Sales of digging machines are an indicator of the vitality of an economy as demand is usually backed by growth in mining and infrastructure development.

China sold a total of 203,420 excavators in 2018, surging 45 percent year on year, the association said.

Scan the QR code and push it to your mobile phone

Keyword: sales China-excavator

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial