Engineering machinery enterprises in overseas expansion

"2013 global engineering machinery industry conference" held in Beijing, 16 industry overcapacity as the parties to the agreement. However, a number of enterprise personage points out,spiral steel pipe ASME API 5L GR.B China construction machinery industry in the next few years will continue to maintain a certain growth rate. International strategy become the thinking of the development of Chinese engineering machinery enterprises, many companies have begun to expand overseas markets.
Increased competition demand growth
Zoomlion chairman Mr Zhan, points out that the global construction machinery industry is in a state of relative excess capacity, competition between enterprises is very fierce, companies need to innovate and adjust the product structure. Xugong group chairman wang agreed that in the next five years, both the global and Chinese construction machinery industry,schedule 40 hot dipped galvanized steel pipe the competition becomes more intense. The next five years will be China construction machinery industry a new round of "elimination period", have real competitiveness of enterprises.
Mr Zhan also pointed out that when China is lower than the double-digit GDP growth, construction machinery industry will be in a state of excess production capacity, at present China's GDP growth in the 7-8%, construction machinery industry overcapacity will continue. From the experience of the past few years, engineering machinery industry development speed is usually twice the national GDP growth.long radius butt weld 90 degree elbow If China's GDP growth to continue at the levels of 7-8%, construction machinery industry will grow at around 15%.
View is that in many ways, infrastructure investment growth is the inevitable result of the economic structure reform, but for manufacturing of severe overcapacity, rapid cooling does not appear, but remain relatively stable growth. Gao hua securities analysis, points out that most of the investment slowdown will appear in the field of general manufacturing and mining,schedule 80 galvanized steel pipe the two parts of investment in 2004-2011 respectively increased by 8 times and about seven times, and infrastructure investment increased by only 270%. Even if the future of investment in fixed assets may slow further, will continue to maintain steady growth. In fact, the recent China's high-speed rail, road, rail, urban rail transit and the municipal construction areas such as good, offer some support for engineering demand.