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Xinhua Silk Road
Industry

Construction machinery industry of central China's Changsha goes global under BRI

May 20, 2021


Abstract : The 2nd Belt & Road Business Summit on Infrastructure and Construction Machinery was held Wednesday in Changsha, provincial capital of central China's Hunan Province to promote industry cooperation under the Belt and Road Initiative (BRI).

BEIJING, May 20 (Xinhua) -- The 2nd Belt & Road Business Summit on Infrastructure and Construction Machinery was held Wednesday in Changsha, provincial capital of central China's Hunan Province to promote industry cooperation under the Belt and Road Initiative (BRI).

Sponsored by the Changsha Municipal People's Government and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), the summit was a sub-event of the 2021 Changsha International Construction Equipment Exhibition kicked off on the same day in Changsha.

It consists of four thematic sessions of policy and direction, environment and demand, pioneering and enterprising spirit, cooperation and win-win results.

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Photo shows the scene of the 2nd Belt & Road Business Summit on Infrastructure and Construction Machinery held Wednesday in Changsha, provincial capital of central China's Hunan Province.

Industry leading enterprises from home and abroad like Lafarge, John Deere, Sany Group and Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) shared experience and discussed the innovative development trend of the infrastructure and construction machinery sectors at the summit.

Diplomatic envoys to China from nearly 30 countries including Namibia, Peru, Myanmar, Costa Rica, South Africa, Vanuatu and Gambia also attended the meeting, and introduced the business environment, preferential policies and project demands regarding construction machinery in the Belt and Road countries, stimulating new vitality to achieve global win-win cooperation.

The successful holding of the summit is helping promote the Changsha International Construction Equipment Exhibition and the name card of Changsha as the "capital of construction machinery" to go global.

In 2020, Changsha saw the total output value of its construction machinery industry exceed 250 billion yuan, registering a year-on-year growth of nearly 30 percent, with the scale ranking first in China for the 10th consecutive year which accounts for about 27.5 percent of the total in China and 7.2 percent of the total in the world.

It's learned that the total amount of contracts signed by Zoomlion on the day exceeded 4.2 billion yuan.

(Edited by Gu Shanshan with Xinhua Silk Road, gushanshan.1987@163.com)

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Keyword: Changsha BRI construction machinery

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