The rapid development of the automotive, machinery, electronics and other industries has driven the development of the metal processing industry. China not only ranks first in the world with an annual output of about 24 million tons of castings, becoming a major foundry country in the world, but also has distinct regional characteristics in China’s metal processing industry, and has formed metal processing industry clusters in the “Yangtze River Delta”, Shandong, Henan, Guangdong and other places.
As an important category of machine tools, metal processing machine tools account for more than 50% of the global distribution of machine tool products. Customs data show that from January to November 2019, my country exported a total of 8.2 million metal processing machine tools, a year-on-year decrease of 2.3%. From January to November, the cumulative export of milling machines decreased by 67.4% year-on-year. In November, 4,381 metal processing machine tools were imported, a year-on-year decrease of 14.19. A total of 51,181 units were imported in November.
The number of Chinese construction machinery enterprises has grown from a few hundred at the beginning of reform and opening up to more than 2,000, and the scale of enterprises has grown from unknown local small enterprises to multinational enterprise groups with important international influence, and sales revenue has grown from tens of billions of yuan to more than 500 billion yuan. Today, China’s construction machinery industry has formed a complete manufacturing system, including 20 categories, 109 groups, 450 types of machines, 1,090 series, and tens of thousands of models of products and equipment. China has become one of the countries with the most complete categories and product varieties of construction machinery products. At the same time, its market sales volume and sales have surpassed the United States and Japan to become the world’s largest market. In addition, the market share of domestic leading enterprises in foreign countries has continued to increase.
Driven by the national initiative, the “Belt and Road” has become an important export market for Chinese construction machinery. More than 70% of the overseas exports of some construction machinery enterprises come from markets along the “Belt and Road”, providing a stage for enterprises to smoothly achieve transformation and upgrading and better participate in international competition. Leading enterprises in the high-end equipment manufacturing industry, represented by XCMG, Sany, and Zoomlion, currently have a relatively complete marketing network in countries and regions along the “Belt and Road”. According to relevant forecasts, the infrastructure construction in key countries related to the Belt and Road Initiative will reach at least 800 billion US dollars in the next 10 years, creating new opportunities for my country’s engineering machinery companies to fully explore overseas markets.