According to the China Machinery Industry Federation, during the 14th Five-Year Plan period, the construction machinery industry maintained stable development, with a significant increase in foreign trade exports. Business covered more than 170 countries and regions, and products were exported to more than 210 countries and regions. my country's international market share in construction machinery increased rapidly, and its globalization strategy was further deepened. my country's annual construction machinery exports increased from US$20.9 billion in 2020 to nearly US$52.9 billion in 2024, and are projected to reach or exceed US$59 billion in 2025, successively surpassing the US$30 billion, US$40 billion, and US$50 billion marks, showing a strong overall upward trend.
Moving towards higher levels, high-end equipment continues to meet construction needs. Breakthroughs have been achieved in a number of intelligent, high-end major technological equipment, including 4,000-ton cranes, ultra-large hydraulic excavators, 10,000-ton-meter tower cranes, ultra-large tunnel boring machines, high-horsepower bulldozers, large pure electric mining dump trucks, and large aerial work platforms, playing an irreplaceable role in major domestic and international projects.
Riding the wave of digitalization, new breakthroughs have been made in digital and intelligent development. With the deepening application of 5G, big data, and artificial intelligence, the industry's digital and intelligent upgrades are evolving towards systematic intelligent solutions such as collaborative machine operations, exhibiting characteristics of active technological innovation, rich application scenarios, a sound industrial ecosystem, and significantly improved construction efficiency.
A relevant official from the China Machinery Industry Federation stated that, looking ahead to the 15th Five-Year Plan period, my country's construction machinery industry is expected to maintain both quantitative and qualitative growth.
