Construction machinery industry enters a new stage of high quality development

Construction machinery industry enters a new stage of high quality development

In the past 40 years of reform and opening up, the booming Chinese economy and the fast-growing Chinese market have provided valuable development opportunities for China's construction machinery industry to become bigger and stronger. After 40 years of development, China has become a country  with the most complete category of engineering machinery products, outstanding advantages in serialization and complete sets, and the largest scale in the industry, providing engineering equipment support for national economic construction.

China's construction machinery industry has achieved great  technological innovations. Over the past 40 years, breakthroughs have been made in the development and application of new technologies, new structures, new processes and new materials. A large number of high-end engineering machinery and other major technical equipments that represent the most advanced technology development level and can replace imported ones have been rolled out and become new business cards made in China. At the same time, the outstanding enterprises in the industry took advantage of the “Belt and Road” initiative to continuously expand overseas business, enhance global service capabilities, and provide equipment support for infrastructure construction in countries along the route.

Comments: In the 40 years of reform and opening up, China's construction machinery industry has continuously broken through the development bottleneck, improved the quality of development, and realized the "three transformations" in independent innovation, and truly entered a new stage of high-quality development.