Construction machinery in China today

In 2017 July China engineering machinery market index is very close to 130 of the critical point, that the market is

between the conversion of high-speed growth and stable development of the points, 10.17 points lower than last

month, more than the same period last year increased by 56.53 year-on-year, continue to maintain growth (but the

growth rate decreased by 19.15 percentage points), the chain continued to decline slightly.
From the available data show that in June, the domestic excavator market sales (excluding Hong Kong) for 8225 units,

an increase of 125.3%, this data is higher than the end of May we forecast data of 267, strong growth performance in

line with our trend forecast analysis. Meanwhile the slewing bearing for excavator market needs also increased

rapidly.
  From the demand side of the situation, urban fixed asset investment and PPP key projects are still in place throughout

the landing, of which the highway construction based transport industry investment is still high.
From the overall manufacturing situation, the first half of 2017 manufacturing PMI value was 51.5%, 1.7 percentage

points higher than last year, June manufacturing PMI was 51.7%, an increase of 0.5 percentage points, the second

highest point during the year, the manufacturing industry has accelerated the pace of expansion, the continuation of

the overall development trend to the good stability. Supply and demand growth accelerated, the gradual improvement

of the market environment. Production index and new orders index was 54.4% and 53.1%, respectively, up 1 and 0.8

percentage points over the previous month.
   Equipment manufacturing and high-tech manufacturing PMI were 53% and 53.6%, respectively, higher than last

month's 0.9 and 1 percentage points. Among them, the general equipment manufacturing industry PMI are located in

more than 54% of the high boom interval, the development of power industry is stronger. June excavator sales data

into the China Construction machinery market monitoring and forecasting data model, we predict that in July 2017,

excavator market sales of 7325 units, an increase of 99.92%. The forecast data will be updated monthly on the basis of

upstream and downstream economic, investment and sales data, as well as immediate feedback from the frontline

market.