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 falling in May

June 17, 2019


Abstract : Sales for China's major excavator producers declined in May, the first drop in 34 months, industry data showed.

BEIJING, June 17(Xinhua) --Sales for China's major excavator producers declined in May, the first drop in 34 months, industry data showed.

The country's 25 leading excavator makers sold a total of 18,897 excavators last month, down 2.2 percent year on year, data from the China Construction Machinery Association showed.

In breakdown, 16,717 excavators were sold in the domestic market, down 6 percent year on year. Exports of the equipment soared 41.4 percent to 2,153.

Major manufacturers sold a total of 122,086 excavators in the first five months this year, up 15.2-percent year on year.

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: excavator

Reading:

China's excavator sales expand slower in April

Economic Watch: Robust growth in construction machinery profits indicate improving economic outlook

China's excavator sales surge in March

Feature: Local community finds grounds to rejoice as China's excavator maker SANY poised to expand in U.S.

SANY excavators to be "made in USA" in June: CEO

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