BICES 2021 press conference held in India

On December 11, 2019, the BICES organizer held a BICES 2021 press conference during the EXCON 2019 exhibition in India. This press conference is the first event after BICES 2019 was successfully held, and kicked off the prelude to the BICES 2021 global promotion event.

The BICES 2021 press conference was chaired by Zhou Weidong, vice chairman of the China Council for the Promotion of International Trade Machinery Industry, Qi Jun, chairman of the China Construction Machinery Industry Association, and Li Kaien, managing director of the Asia region of the American Equipment Manufacturers Association. Mr. Fred Vieira, Director of Global Exhibition Activities of American Equipment Manufacturers Association, Indian media such as NBM Media and some exhibitors attended the press conference.

Qi Jun, president of the China Construction Machinery Industry Association, gave a keynote speech at the press conference on "Analysis and Trend of the Development of China's Construction Machinery Industry in 2019". He pointed out that the Chinese market is the world's largest construction machinery market. The machinery industry's total operating income was 596.4 billion yuan, an increase of 10.4 compared with 2017. As of the end of 2018, according to the association's statistics, the number of domestic construction machinery main products was about 8 million units, a year-on-year increase of 5.64%. The increase in the stock has provided a large market for post-market enterprises such as domestic and foreign supporting parts. Among the top 50 global construction machinery manufacturers in 2019, there are 12 Chinese companies and two of the top ten, Xugong Group and Sany Group. They and Liugong Group have participated in this EXCON exhibition with a strong lineup, showing Your own competitive products. Since January-October 2019, the Chinese construction machinery market has maintained good results. As of October, the number of construction machinery products has increased by about 4%, and sales revenue has increased by more than 10%. Exports in 2019 have also achieved very good results. In 2018, China's total exports of construction machinery and spare parts reached 23.7 billion U.S. dollars, and the export value from January to October 2019 reached 20.3 billion U.S. dollars, an increase of about 5% over the same period in 2018. At the same time, imports have also maintained a stable level. Based on this, we predict that China's construction machinery market will develop well in 2019. The Association predicts that the sales revenue of the Chinese machinery market will maintain a growth of about 10% in 2020. Welcome global manufacturers of construction machinery and spare parts manufacturers and users to actively participate in the Chinese market. I also hope that there will be better equipment to serve China's infrastructure. Under the situation of next year, the association predicts that the industry will develop well in 2021.

This year coincides with the 70th anniversary of the founding of the People's Republic of China. The Association also successfully held BICES 2019 in Beijing. It has established a good display platform for global construction machinery and spare parts manufacturers, and also a platform for global users to communicate and communicate with complete machine and spare parts manufacturers. Here, BICES sponsors invitations to global construction machinery manufacturers, spare parts manufacturers, and users, hoping that everyone will bring the best and latest technology products to BICES 2021.