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 Credit
Industry

China's excavator sales boom in April

May 18, 2020


Abstract : China's excavator producers reported robust domestic sales in April, reflecting a quick demand recovery in the world's second-largest economy, according to the China Construction Machinery Association.

BEIJING, May 17 (Xinhua) -- China's excavator producers reported robust domestic sales in April, reflecting a quick demand recovery in the world's second-largest economy, according to the China Construction Machinery Association.

China's 25 leading excavator makers sold a total of 45,426 excavators last month, up 59.9 percent year on year, data showed.

In breakdown, 43,371 excavators were sold in the domestic market, surging 64.5 percent year on year, while exports of the equipment rose 0.88 percent to 2,055.

During the first four months of the year, domestic excavator sales of the 25 producers jumped 9.35 percent from a year earlier to 104,648, while their overseas sales soared 25.7 percent year on year to 9,408.

The surging excavator sales, backed by strong demand, foreshadow a construction boom in the country. In a bid to revive the economy, the government has been speeding up the construction of planned key infrastructure projects as well as to launch some new projects for public health, emergency materials supply, 5G networks and data centers. Enditem

Scan the QR code and push it to your mobile phone

Keyword: excavator-sale

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.

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