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Engineering machinery development into decline
China construction machinery industry association, deputy secretary-general MaoZhongWen when accepting a reporter to interview, said: "the global engineering machinery industry has entered the development and decline to channel 3 years of recession and low operation in the market to develop export-oriented enterprises. Enterprise especially should make development plan adjustment and countermeasures.

By financial crisis, international engineering machinery market from the third quarter of 2008, tends to decline in 2008, North America and Europe markets fell 25% markets, the Chinese market growth fell by 17 percent drop in 2007 to 25%.

2009, the situation is more optimistic about half. "By April, European engineering machinery market declines have reached 50%." MaoZhongWen is introduced, the eu market is influenced by American financial crisis, one of the areas, engineering machinery manufacturers, leasing company and the agent is serious shortage of funds state. Due to the large construction projects, cutting of construction projects due to lack of money or delay caused by 2009, engineering machinery market demand dramatically atrophy conveyor chain, 2009 quarter sales year-on-year drop 40%, serious areas (UK) fell 70 percent, including Russia, eastern Europe is in infrastructure and real estate development, also appear the same situation. China construction machinery products in the export side also has this encounter, 2009 April 1 - total exports year-on-year drop 35%. In April, China mechanical engineering overall sales volume, host 14% year-on-year drop down by right.

"Down fast is international engineering machinery history never had the situation of Chinese domestic market. The only needs remain 10% of demand growth trend." MaoZhongWen said, "according to the United Nations economic department monitoring, this quarter GDP fell 1.4%, American Japan fell 2.1 percent, Western Europe, Russia decline 6% decline 1.6 per cent, and the development trend of the spread, north Africa, the Middle East, South America, Brazil, still keep in 2-3 per cent growth. So the financial crisis in the depth of the entity economy influence may not be short-term, affect cycle to reach above 3 years conveyor parts, pessimistic to estimate for five years.

MaoZhongWen increasingly fierce competition has that, from the current trend of competition, China construction machinery industry must consider how to face financial crisis, in a short time, improve their core competitiveness.
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