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Construction machinery industry revenue in 2019 was 668.1 billion, an increase of 12% year-on-year

Jun 13, 2020

According to the requirements of Circular No. [2020]01 of the National Workers’ Association, “Notice on Doing a Good Job of the Statistical Report for the Construction Machinery Industry in 2019”, the Statistical Information Department of the Association, with the cooperation and support of the relevant branches and enterprises, has used nearly half a year, Initially complete all aspects of the annual report summary.


The number of companies participating in the 2019 industry effective annual report submission summary reached 311, surpassing the number of participating companies in the past years, reflecting the support of the majority of companies for industry statistical information work and the concern for industry development. The collection of the 2019 comprehensive annual statistics report of the construction machinery industry has ended, and the subsequent collection and compilation work is being carried out as soon as possible, including the compilation of the "2019 Production and Sales Compilation of Major Products of Major Construction Machinery Enterprises" and "2019 "Completion of Economic Indicators of Major Construction Machinery Enterprises", and enterprise statisticians who participated in the report after the printing is completed and distributed to participating companies free of charge as a summary and historical reference for the industry's development in 2019.


In 2019, after five years of low development and rapid recovery and growth from 2017 to 2018, the construction machinery industry ushered in a stable development in 2019, facing a more complex international environment and greater downward pressure on the domestic economy In the construction machinery industry, with the help of a stable and improving macro economy and sustained and stable investment in fixed assets, the achievements of the industry's transformation and upgrading have further manifested. The accelerated update of second-hand equipment in the market, and the positive effect of atmospheric pollution prevention and environmental protection policies on the market. "All the way" construction has driven export growth, as well as the promotion and application of new technologies and construction methods in the field of construction and other factors, the construction machinery market has reproduced rapid growth. According to the statistical summary of the association, after deducting the incomparable factors, repeated data and operating income of the non-engineering machinery industry, the operating income of the entire industry in 2019 was 668.1 billion yuan, an increase of 12% over 2018.


The compilation of the comprehensive statistical annual report of the construction machinery industry has been carried out for more than 20 years, and it has been generally concerned and supported by the majority of enterprises. The major enterprise members in the industry have participated in the annual report summary work, especially the large-scale backbone enterprises in the industry have given strong support to the industry Development, government and corporate decision-making provide an objective basis. For companies that have not participated in the annual report summary, due to lack of data basis, the association will be affected in issuing relevant certificates and other related claims.