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Infrastructure investment growth promotes the recovery of the excavator market

  • Categories:News
  • Time of issue:2019-09-22 19:01

Infrastructure investment growth promotes the recovery of the excavator market

  • Categories:News
  • Time of issue:2019-09-22 19:01

As the saying goes: "To get rich, to build roads; excavators, first turn the soil." After four consecutive years of market downturn, sales of excavators, which are important "thermometers" reflecting the state of the country's economic operations and investment in fixed assets, have begun to pick up rapidly. On the 30th, Li Hongbao, executive vice president of the Excavation Branch of China Construction Machinery Association, said in an interview with Zhongxin.com that due to factors such as China's urbanization development and infrastructure investment growth, the domestic excavator industry is expected to exceed 12 years of sales. Wantai has doubled on the basis of last year.

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