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The prosperity of the construction machinery industry has rebounded, and exports have grown significantly.

Data from the construction machinery industry for the first quarter shows growth in both the production and sales volumes of excavators and loaders, a recovery in domestic and international demand, and a continued rise in the industry's business climate index; the growth in exports reflects the effectiveness of companies' globalization strategies.

The construction machinery industry has recently shown a good trend of continued recovery.
The reporter learned from relevant channels that the production and sales of excavators and loaders, the two main products of the construction machinery industry, achieved significant growth in the first quarter, which fully reflects the recovery of domestic and foreign market demand.

Construction Machinery Picture 1

Let’s look at excavators first. In the first quarter, major excavator manufacturers sold a total of 73,336 excavators, a year-on-year increase of 19.5%.
Among them, domestic sales were 39,579 units, a year-on-year increase of 8.25%; exports were 33,757 units, a year-on-year increase of 36.1%.
This data shows that excavators are performing well in both domestic and foreign markets, especially the substantial growth in the export market, which shows that the competitiveness of Chinese construction machinery products in the international market is constantly increasing.

The sales of loaders are also gratifying.
In the first quarter, major loader manufacturing companies sold a total of 38,325 loaders of various types, a year-on-year increase of 25.4%.
Among them, domestic sales were 18,677 units, a year-on-year increase of 14%; exports were 19,648 units, a year-on-year increase of 38.5%.
The high growth of loader exports further proves the popularity of Chinese construction machinery products in the global market.

Construction Machinery Picture 2

Excavators and loaders are the two product categories with the largest production and sales volume in the construction machinery industry. Their good performance reflects the continued improvement of the prosperity of the entire construction machinery industry.
Taken together, affected by the rebound in domestic and foreign demand, the prosperity index of the construction machinery industry continues to rise.

Behind the high growth in exports is the remarkable effectiveness of the globalization strategy of construction machinery companies.
In recent years, Chinese construction machinery companies have actively expanded overseas markets, increased investment in research and development, and improved product quality and technical levels to meet the market needs of different countries and regions.
By continuously optimizing products and services, China’s construction machinery products have gradually established a good brand image in the international market and won the recognition of more and more customers.

With the gradual recovery of the global economy, the construction machinery industry is expected to usher in broader development space.
Chinese construction machinery companies will continue to leverage their own advantages, continue to innovate and improve, and make greater contributions to global infrastructure construction and economic development.
At the same time, the sustainable development of the industry will also drive the prosperity of related industrial chains and create more job opportunities and economic benefits.

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