Data show that, as an important indicator of infrastructure investment, 1-6 months of this year, China's mining machinery sales increased by 60% over the same period. What are the economic signals of excavator sales increasing?
Excavator sales and real estate development, public infrastructure construction and other related.
Excavator is the first "faucet" of capital construction investment. No matter the railway, port and wharf, or power station, transmission and oil transmission and gas transmission and other projects, the excavator "shovel one shovel" can not be separated from the excavator, so the market sales of the excavator has become the micro window to observe the investment of fixed assets.
China engineering machinery industry association mining machinery branch data show that in the 1-6 month of this year, the 25 manufacturing enterprises included in the statistics, a total of more than 120 thousand types of mining machinery products, up to 60%.
Wen Bin, principal researcher of Minsheng Bank, believes that the increase in excavator sales is closely related to the growth of investment in real estate development.
The investment in real estate development still maintained rapid growth. The national real estate development investment increased by 10.2% in the first five months of this year, 3.2 percentage points higher than that at the end of last year.
Shi Lei, director of the public economic research center of Fudan University, analyzed the increase in excavator sales, reflecting the increasing intensity of public infrastructure construction.
The increase of excavator sales in equipment machinery mainly reflects the construction of public infrastructure. This is related to the Rural Revitalization Strategy, and is also related to the construction of urban and rural road infrastructure into a new round of renewal and transformation cycle. The early "village through" "Townsend" project has entered the renewal and renovation cycle, the strength of the project is strengthened, and the investment of the engineering machinery is increased first.
It is worth noting that from 1 to June this year, the sales volume of excavating machinery exported to 25 manufacturing enterprises was 8895, representing an increase of 110.5% over the same period. Wen bin analysis, the large increase in the export sales of excavators mainly benefited from the continuous promotion of the "one road" construction.
A very important part of the construction of "one area and one road" is to do a good job of interworking, including cooperation in infrastructure construction. China has a great cooperation space with the countries along the "one along the road" in the construction of large ports, wharves, highways and power stations. In addition, China has strong advantages in some mechanical manufacturing fields. I think there is still much room for development and potential in this field.
China's infrastructure investment potential and quality of investment remain to be improved.
Along with the growth of excavator sales, China's infrastructure investment continued to maintain steady growth. Data show that in the 1-5 month of this year, the national infrastructure investment grew by 9.4% year-on-year. Wen Bin believes that with the transformation and upgrading of China's economy, the future investment will further optimize the quality and improve efficiency.
China has a vast territory, and there is still great potential and space for infrastructure investment in many areas. With the transformation of China's economy, the future investment should further optimize the quality and efficiency.
