Machinery industry: only bigger and stronger rival to giant i

Since China's reform and opening up, especially since the 1990s, foreign companies have vied for the Chinese construction machinery market, which Chinese construction machinery market in the "internationalization of the domestic market" situation; foreign joint ventures, mergers, eating Chinese-owned, etc. construction machinery industry in influential companies.
    China's construction machinery sales volume exceeded 430 billion yuan mark, but that is more than 1,400 of China's construction machinery industry, the sum of corporate sales, and compared with international giants such as Caterpillar is still lagging behind.
    In recent years, the domestic construction machinery business development between the reorganization was booming, what they need to enhance the competitiveness of the industry, industry authorities that should be vigorously promoted.
    Shanghai Securities News: Over the past two years, construction machinery industry, what new features?
    Zou ten practice: In recent years, agricultural machinery and earth moving machinery established business cooperation with China, development, production and sales of excavators, this is an international industry giants into another step of China's excavator, excavator market in China will lead to new a reorganization, merger, battle the competition and cooperation.
    But with Caterpillar, Volvo and other international giant inroads into the Chinese market Correspondingly, the Chinese construction machinery companies are doing everything possible to expand to overseas markets, establish their own production base and marketing center. In this regard, Zoomlion (000,157, stock it), Sany Heavy Industry (600031, stock it), Liugong are walking in front, they are brave Pathfinder for China's construction machinery industry to open up new marketing and R & D to make a contribution.
    Meanwhile, after 30 years of development and innovation, China's construction machinery industry has grown step by step and grow up, especially from the more than 1,000 enterprises to grow up Sany, Zoomlion, Liugong, Xugong so strong companies, supporting China's construction machinery industry cut Jing Phi spine and move forward, continue to enhance and reinforce the ability to withstand the impact of foreign capital in the international market, establish brand Chinese construction machinery, but also the revitalization of China's construction machinery industry strength.
    Shanghai Securities News: Do you think the future of construction machinery industry, the competitive landscape will be like?
    Zou ten practice: the future of China's construction machinery enterprises in the international and domestic market integration, through mergers and acquisitions, restructuring, etc. to integrate the results of China's construction machinery industry, only a few internationally competitive group or brand. Thus, in future international construction machinery and accessories on the market, there will be two different types of powerful enterprises, the pattern of the formation of two products: one for Komatsu, Caterpillar and other construction machinery giant international companies represented, to provide high reliability nature, high cost, high-end machinery products supporting the project; Second, China's construction machinery business group as the representative of business, provide high reliability, low cost, medium and low support of the engineering machinery products, the formation of two different grades of construction machinery product structure.