Excavator index reflects economic vitality

2022-07-29
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People's comments: "excavator index" reflects economic vitality people's comments: "excavator index" reflects economic vitality

China Construction Machinery Information

-6.8%, 3.2%, 4.9% and 6.5%, which is the quarterly growth change of China's GDP in 2020- 11.6%, 24.8%, 33.2% and 62.5%, which are the growth data of excavator sales in the domestic market in the same period. In the two upward curves, "excavator index" has become a window to observe China's economic operation

excavator sales volume is an important micro indicator for observing economic operation. According to the practice in previous years, the industry cycle of excavators generally starts about one week after the Spring Festival, "Tuo Guozhu said, and reaches the annual peak within one and a half months. In 2020, affected by the COVID-19, the peak sales of excavators moved by days. However, the epidemic has not reduced the market demand. The sales of excavators in China have rebounded in excess of compensation, and some manufacturers have been in full production. In 2020, only 25 manufacturing enterprises included in the statistics sold more than 320000 excavators, with a year-on-year increase of 39%. Compared with the sharp decline in the sales of construction machinery in some countries, the sales of excavators in China increased against the trend, injecting a warm current into the world economy

the excavator sales volume has changed from down to up, which is a centralized release of backlog orders, and more clearly reflects the steady pace of returning to work and production. Taking the transportation industry as an example, by the end of April last year, the resumption rate of 625 key transportation projects under construction had exceeded 99%. On the construction sites of high-speed rail lines, tunnels and bridges, there were busy excavators digging sand and transporting soil everywhere. From the "big excavation" of building bridges and roads, to the "medium excavation" of building greening, and then to the "small excavation" of farmland transformation and 5g base station construction, excavators have found a broad stage to show their skills in the scenes of resumption of work and production

excavator sales continued to rise, thanks to the contribution of overseas orders, equipment upgrading under the background of emission upgrading, and also due to the new demand brought by the accelerated implementation of infrastructure investment. As early as last April, the meeting of the Political Bureau of the Central Committee called for strengthening investment in traditional infrastructure and new infrastructure. In order to serve the "six stabilities" and "six guarantees", all localities and departments have leveraged financing and expanded domestic demand by means of new special bonds, making infrastructure investment an important force driving the economy. With the issuance of 3.75 trillion yuan of special bonds in batches, infrastructure will effectively play a role in stabilizing investment and ensuring people's livelihood, and promote the stable operation of the macro economy

behind the small excavator, it also points out the direction for the development of China's plastic granulator technology, which is the rapid promotion of infrastructure construction. At the beginning of the 14th five year plan, the new journey of building a modern socialist country in an all-round way has begun. People's livelihood projects such as new rural construction and municipal transformation are arduous. Medical facilities, transportation and other industries have great potential to "fill the gap". In the field of new infrastructure, more than 600000 5g base stations and 462000 charging piles will be opened in 2020, creating development space for digital transformation and intelligent upgrading. The prosperity of one industry drives the prosperity of all industries. Infrastructure provides stable support for all walks of life. With a professional after-sales service team, the new infrastructure enables high-quality development and adds strength to turning crisis into opportunity in a special year

the production and sales of excavators are converted into workload, so that the heat of the market drives the pace of construction. According to statistics, the cumulative working hours of excavators in 2020 increased by 12.9% year-on-year, and 9 provinces and cities increased by more than 50%. On the large screen of the workshop of a construction machinery enterprise, it is ensured that the experimental machine will not be overloaded and damaged. The data of hundreds of thousands of excavators, hoisting equipment and other construction machinery nationwide will scroll in real time. Excavators at construction sites around the country will gather information together with the help of big data and IOT, jumping the strong pulse of economic recovery

many organizations predict that the excavator sales volume is expected to continue to grow in 2021. It can be predicted that China's economy will continue to consolidate its long-term positive trend by virtue of its full potential, great resilience, strong vitality, large room for maneuver and many policy tools

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