Machinery industry by promoting the market and the government

Ministry of Industry and Information Technology vice minister, said Su Bo, a country in order to advantage in the competition, the key to have a group of "indomitable spirit" of large enterprises, but also a vibrant "little giant" enterprises. China to build a number of "indomitable spirit of the big business", we should conscientiously implement the State Council on the promotion of corporate mergers and acquisitions advice, to automotive, steel, cement, shipbuilding, machinery (mining machinery, etc.), electronic information, aluminum, rare earth, food, pharmaceutical and other industries, focusing on promoting the advantages of business combination, cross-regional mergers and acquisitions, foreign acquisitions and investment cooperation, mergers and acquisitions business management to guide innovation in key industries to cultivate a core group of competitive, leading edge products outstanding, with internationally competitive conglomerates.
   "China also needs to cultivate a large number of very dynamic" little giant "enterprises." Soupault stressed.
    China's construction machinery production, manufacture and development of power, while China is the world's largest construction machinery market, buy and sell all kinds of construction machinery products, varieties and large quantities, sizes of various products have market demand.
    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.
    In 2010, 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, agricultural machinery and earth moving machinery established business cooperation with China, development, production and sales of excavators, this is an international giant, into another step in China's excavator industry, will cause a new round of China's excavator market restructuring, mergers, competition and cooperation battle.
    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, Sany Liugong are walking in the front, they are brave Pathfinder for China's construction machinery industry, opening up new areas of 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.