According to data from the China Construction Machinery Association, in the first half of the year, the 12 major categories of products included in the association's statistics sold a total of 969000 units domestically and internationally, a year-on-year increase of 4.58%; Among them, the cumulative sales in China were 597000 units, a year-on-year increase of 0.31%; The cumulative sales of exports were 372000 units, a year-on-year increase of 12.3%.

Su Zimeng said that with the accelerated implementation of macroeconomic policies, excavators, loaders, and other equipment closely related to infrastructure construction have shown a trend of bottoming out and rebounding. The domestic market sales of excavators have continuously achieved positive growth every month since May, and the bottoming out and rebounding trend is obvious.

It is worth noting that the export value of construction machinery continues to show steady growth on a relatively high base. Since 2020, the annual export value of construction machinery in China has maintained a significant increase. According to customs data, the import and export trade volume of construction machinery in China from January to July this year was 31.746 billion US dollars, a year-on-year increase of 3.63%. Among them, the import amount was 1.527 billion US dollars, a year-on-year decrease of 1.39%; The export amount was 30.219 billion US dollars, a year-on-year increase of 3.89%.

From product export to industrial globalization layout. At present, the overall demand in overseas markets is showing a slowing trend, but demand in segmented markets is still strong. Domestic construction machinery enterprises are committed to expanding their overseas business and maintaining dual growth in performance and profitability. These enterprises are based on long-term development overseas and have gradually moved from single product exports to industrial globalization layout.

Our globalization is shifting from product exports to industrial exports. We hope to accelerate the internationalization level of enterprises through global resource allocation, better meet the personalized needs of global customers, and establish sustainable global business capabilities, "said Xiang Wenbo, Chairman of Sany Heavy Industry Co., Ltd.