The development of construction machinery returns to rationality

It is forecasted that in the fourth quarter of this year, China’s economic growth will steadily slow down. The GDP in the fourth quarter and the year will increase by about 7.6%. Under this recovery, the pace of recovery of construction machinery will also follow the deepening of China’s economic institutions. Adjust, go on track, return to rationality.

Luo Baihui, a research fellow at the China International Economic Development Research Center, believes that this year's national investment will not rebound as explosively as "four trillion yuan" in previous years, but within the scope of moderate macroeconomic adjustment, the country's overall investment will be lower than that of "four." The "trillion-dollars" are important. In a period of time, the economic recovery has become more reasonable. The construction machinery industry as an investment industry will show a slight recovery in the near future under this economic situation. In the long run, it will be difficult for construction machinery to reproduce the explosive growth that resembles the “Golden Decade” but will be rational.

Although the recovery of the construction machinery industry is now weak, but fortunately, the development of the industry is approaching rationality. This has to be said to be a good thing. Looking back at the rapid growth during the “four trillion” period, on the surface, it is the profits earned by companies in the construction machinery industry. "Pours are full," but from a practical perspective, the "four trillion" investment has also made the industry's drawbacks prominent. After escaping the period of rapid growth, the construction machinery industry has fallen into a trough. Until now, the industry has not yet recovered, and the second half of the project Although the rational return of machinery may not completely drive the recovery of the industry, it will not go like a step.