At present, the crane industry is at the peak of a new market cycle, and the market continues to grow. The current cycle started quickly, with a large increase, and various indicators continued to climb to a record high. In 2019, under the superimposed influence of increased infrastructure demand, export pull and stricter environmental protection, the crane industry has achieved steady growth, new crane products have been introduced, enterprises have accelerated changes, and sales have reached a record high.
May 10, 2020 is the fourth "Chinese Brand Day". The Financial Program Center of the Central Radio and Television Station specially launched a large-scale live broadcast event called "My Return to Work" to gather leaders of China's most influential brand enterprises to empower the Chinese economy with the power of the brand. The event started at 10 am, with the theme of "My Return to Work Order" and a live broadcast of up to 5 hours and 10 minutes.
Thirty entrepreneurs launched an unprecedented scale of orders on the first line of their resumption of production. Through the display of the resumption of large orders, they showed the leading role of Chinese brands in pulling the Chinese economy and industrial chain.
The companies participating in this event are the most influential brand companies in the "2019 Chinese Brand Power Festival" model 100, spanning many key industries that have a significant impact on the economy, such as infrastructure, equipment manufacturing, automobiles, home appliances, logistics, and consumption. , Entrepreneurs included Gao Weidong, Chairman of Maotai Group in Guizhou, Dong Mingzhu, Chairman and President of Gree Electric Appliances, Zong Qinghou, Chairman of Wahaha Group, Liu Aili, Chairman of China Post Group, Liu Hualong, Chairman of CRRC Group, and Xu Heyi, Chairman of BAIC Group , Yu Minhong, Chairman of New Oriental Group, Huang Kexing, Chairman of Tsingtao Brewery Group, Qu Daokui, President of Xinsong Robotics Company, An Conghui, President of Geely Holding Group, and Zhang Jianqiu, Executive President of Inner Mongolia Yili Industrial Group Co., Ltd.
Among the "Resume Work Orders" issued by enterprises, three indexes are very noteworthy, and they reflect the trend of China's economic recovery accelerating.
1. "Excavator Index"
Nowadays, with the help of big data and Internet of Things technology, every step of large construction machinery and a shovel will form data traces. Based on this set of data, it is possible to accurately depict China's infrastructure operating rate and other conditions, and it has become a vane for observing economic changes such as fixed asset investment.
According to the "Resume Work Order" issued by XCMG Group Construction Machinery Co., Ltd. President Lu Chuanxian, it can be seen that the performance of XCMG increased by 23.3% in the first quarter; The industry's highest record for a single day's starting; road rollers, rotary drilling rigs, pump trucks and other products have also appeared in short supply. Xugong's return to work shows that the Chinese economy is picking up speed.
2. "Parcel Index"
The “Resume Order” of Sun Qin, co-founder of Pinduoduo, shows that since March 15th, the average number of daily logistics packages in Pinduoduo has stabilized at more than 50 million, a year-on-year increase of more than 60%. The total number of physical express parcels on Dodo platform exceeds 1.5 billion. From this kind of logistics package data, it can be seen that the strong recovery of the online economy and the recovery of consumption have highlighted the strong resilience of the Chinese economy.
3. "Mobile phone index"
According to Dong Xin, deputy general manager of China Mobile Communications Group Co., Ltd.'s "Resume Order", it can be seen that, since late February, China Mobile's domestic cross-provincial roaming visitor numbers have continued to rise, gradually approaching the same level last year It confirms that China's comprehensive resumption of production and production is accelerating, and the order of social production and life is accelerating.
U.S. Department of Commerce launches "232 investigation" on mobile crane imports
On May 6th, US Secretary of Commerce Ross announced that the US Department of Commerce will launch a "232 investigation" on whether the quantity and status of mobile crane imports harm US national security.
The U.S. Department of Commerce said the investigation was initiated on the basis of a complaint by the U.S. crane manufacturer in December last year. The company said that the increase in imports of low-cost mobile cranes (especially from Germany, Austria and Japan), as well as intellectual property violations caused by foreign competition, has hurt the domestic mobile crane manufacturing industry in the United States. In view of the wide application of mobile cranes in the defense and critical infrastructure industries, the United States has identified it as a key industry.
According to Article 232 of the US Trade Expansion Act of 1962, the US Department of Commerce has the right to initiate investigations on whether imported products harm US national security. Earlier, the US government launched a "232 investigation" on imported steel and aluminum products, automobiles and spare parts, uranium ore, sponge titanium, etc., which was widely opposed by the domestic and international communities.
Secretary Ross said: "We will conduct this review thoroughly and quickly. This investigation will help determine whether the amount or condition of the import of mobile cranes is likely to harm US national security."
Manitowoc claims that the increase in imports of low-cost mobile cranes imported from Germany, Austria and Japan and foreign competition infringing intellectual property rights have damaged the US mobile crane manufacturing industry. Given that mobile cranes have been widely used in defense applications and critical infrastructure areas, the Department of Homeland Security has identified mobile cranes as a key industry.
Manitowoc said that low-cost imports and intellectual property infringement caused one of its two US production facilities to close and laid off hundreds of skilled employees in Wisconsin. Citing data from the US International Trade Commission (USITC), Manitowoc pointed out that the imports of mobile cranes increased by 152% from 2014 to 2019; in 2015, the US International Trade Commission 337 investigation ruled that China Sany Heavy Industry infringed its patent rights and six Trade secrets, and implement a ten-year limited exclusion order prohibiting the import of cranes and parts.
In July 2013, at the request of Manitowoc, the US International Trade Commission initiated a 337 investigation on the crawler crane products of China Sany Heavy Industry Group and its US company. Manitowoc accused Sany Heavy Industry of the above-mentioned products and components sold in the United States for infringing its patents and demanded the issuance of an exclusion order and an import ban order. After USITC's ruling, Sany Heavy Industry appealed, but the 2016 Federal Circuit clearly confirmed the USITC's order.
Many US trade experts believe that the frequent use of the "232 investigation" by the United States as an outdated unilateral trade protection tool seriously disrupts the international trade order and violates the rules of the World Trade Organization.
