How does the engineering machinery industry view the favorable policy

Driven by the new urbanization and infrastructure construction, with the start of railways, highways, real estate, farmland and water conservancy projects, construction machinery has begun to usher in a moderate recovery.

According to statistics, in January-February, of the 14 industries counted by China National Aircraft Federation, except for the 12.69% year-on-year decrease in the output value of the construction machinery industry, the production and sales of the remaining 13 industries achieved year-on-year growth. Although the latest data released by the China Construction Machinery Industry Association shows that in January 2013, the production and sales of the eight major products of the construction machinery industry increased by 23.15% year-on-year. However, people in the industry said that due to the low data in the same period of last year, 23.5% of production and sales growth still could not really support the industry’s overall recovery.

Experts believe that due to a series of favorable policies, the overall situation of the construction machinery industry showed a trend of recovery and recovery in December last year. The downstream market set by policy is a strong driving force for the recovery of the machinery industry. The proposal of the "urbanization" strategy stimulated a large amount of investment in infrastructure construction throughout the country, including railways, highways, and bridges. The construction period of infrastructure facilities is long and the average cycle is 23 years. Therefore, in a relatively long period of time, the application market for construction machinery will be guaranteed, and the overall sales and revenue levels of the industry will maintain a high level.

However, some experts also said that favorable policies may also turn into a "anesthetic." With the support of favorable market incentives and policies, more companies will enter the industry. Along with more funds and larger production capacity, the winter experienced by the machinery industry last year is more like a short period of pain. . However, the accumulation of low-end production capacity and the stagnation of technology upgrades will not be fundamentally changed because of the increase in capital. Instead, companies get together to cover up the existing problems of the industry and paralyze people's understanding of the industry issues. Zhang Chunlin, research director of China Investment Consulting Co., Ltd. pointed out that although China has already suffered enough from “unrestrained and unplanned”, the relevant departments have not yet played a scientific role in guiding the industries involved in the national economy and are digesting excess capacity. There are no practical policies for promoting technological upgrading. Lack of corresponding norms as guidelines, a huge market is an opportunity for the industry, but also more likely to be a crisis.

According to industry insiders, whether the favorable policies or infrastructure investment such as railways and water conservancy are actually landing, it will have a certain time difference for the real growth of the demand for construction machinery. However, major engineering machinery companies are currently eager to do what they want to do instead of waiting for the rabbits, but are seeking breakthroughs. Enterprises in the implementation of the national macro-control policies and a series of reform measures, hard work, innovation and development, and actively adjust the structure, transfer methods, and strive to improve product quality and brand value, is the fundamental enterprise rejuvenation.