Construction Machinery Enters The Stage Of Slow Growth

Construction machinery enters the stage of slow growth

In the first year of the 12th five year, the stone crusher industry, although the growth is not made rapid progress as in 2011, it still has made great achievements. However, it is undeniable that the country's current economy has entered the appropriate adjustments and return to the rational stage; with the gradual withdrawal of stimulus policies and the implementation of a series of macro-control policies aim at prudent monetary policy, construction machinery in 2012 appear very large gap between the expected and the reality of the industry.

The golden period of high growth is over and the whole construction machinery enters the stage of slow growth.

In recent years, industrial capacity growth is too fast, which results in the order of competition within the industry is not standardized, even unfair business phenomenon has occurred frequently. Phenomenon of unfair competition has resulted in varying degrees of impact for the development of construction machinery industry.

The economic development of the domestic and international environment is very complex; under the unstable situation, the country unswervingly adhere to the macro-control policy; to maintain policy continuity and stability, the country puts the stability of the general price level on the first position of the macro- control, and enhance the policy relevance, flexibility and effectiveness; at same time, shift handle to maintain stable and rapid economic development, adjusting economic structure and managing inflation expectations, and accelerate economic restructuring and development, introduce a series of reforms and innovative measures to implement a prudent monetary policy, strengthen liquidity management and to increase the regulation and control of the real estate market, prompting the construction machinery industry quickly return to the rational, and gradually returning to a steady state of development and maintain a normal growth rate. This is in line with the national macro-control and favors the construction machinery industry long-term, stable and rapid economic development.

The construction machinery industry appears to be in the doldrums, in fact, it is to return to the rational growth of the state, in line with the current development needs of the national macro-control. China's construction machinery industry, a high-growth period has ended, but the development of the entire global construction machinery industry is not suspended, from an international point of view, is still optimistic about the future development of construction machinery industry.

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by: nicole

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