As we all know, no matter in production or again in use, China has been the largest crane market, in the export also has an irreplaceable position. Although the export volume has been reduced in recent years due to the influence of the domestic and foreign economic situation

China's mining machinery industry has always been the pillar industry of the national economy, which has an important impact on the development of the country. With the support and guidance of national policies, mining machinery industry will deepen reform, actively adjust the industrial and product structure, change the mode of economic growth, etc., to the international high-end market stage.

In the first year of the 12th Five-Year Plan, although China's construction machinery industry experienced a sharp market turn of "high before low", it finally withstood the severe test of macro-control. The annual sales revenue increased by about 17%, showing a strong vitality.

Japan machinery orders y/y in May: -2.9% preliminary vs. +0.4% last

The construction machinery industry's up-and-down 2012 has also passed half a year. In the middle of this year, a warm wind, with the country, industry, macro and medium policy in the further clear good news, blowing into the construction machinery industry.

The People's Bank of China recently announced its decision to cut the benchmark interest rates of RMB deposits and loans for financial institutions starting from June 8, 2012. Industry insiders said that the prosperity of the machinery industry and credit policy is closely related, the interest rate will have a positive impact on the industry.