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Engineering machinery industry welcome dividend policy
Public date:2015-1-5   Hits:4717

NDRC website disclosure of December 23, recently approved six infrastructure projects with a total investment of about 25.34 billion yuan. According to preliminary statistics, since the fourth quarter, the Development and Reform Commission approved the project amounted to a total of 49, the amount of nearly 1.4 trillion yuan. Agencies believe that the NDRC approved intensive infrastructure projects steady growth next year will provide important support and enhance the demand for construction machinery. In addition, "along the way" strategy as the focus of economic work in 2015, under the investment banks and funds to support the Silk Road in Asia, interoperability will enter a substantive stage of construction, engineering machinery exports also ushered in development opportunities.

The recent meeting of the Central Economic Work Conference, will strive to maintain stable economic growth in the first place, through the implementation of proactive fiscal policy and prudent monetary policy and maintain stable economic growth. Under the pressure of economic slowdown, since the fourth quarter, the NDRC to accelerate the pace of project approval, the approval of more than trillion-intensive projects involving airports, railways, highways, urban railways and other projects.

It is worth noting that the Ministry of Transportation December 11 meeting, the requirements as soon as possible "to deepen the reform of transport advice," carefully combed National Regional Development Strategy Plan and the first to start a major project, in order to stimulate economic growth and make greater contributions . Meanwhile, the meeting decided that the December 28, 2015 was held on the 29th National Transportation Working Conference, the full deployment of 2015 work. In the deepening reform push, all kinds of infrastructure projects is expected to accelerate to attract social capital to enter, start to accelerate progress push up demand for construction machinery.

Construction Machinery Association Secretary-General had said, especially engineering machinery and equipment manufacturing industry, is one of the country focused on creating strategic industries, but also the various sectors of industrial upgrading, technological progress is important to protect. Under the strategy of going out in the background, construction machinery as more competitive technology industry, will occupy an important position. According to relevant forecasts, in infrastructure, real estate and promote investment in manufacturing in 2015, China's construction machinery market demand will reach 837 billion -8510 billion, the export value rose to $ 26 billion, becoming the world's largest construction machinery market.

On the other hand, push "along the way" strategy will also expand the domestic construction machinery production output. According to agency estimates, infrastructure investment needs over the next 10 years, the Asia-Pacific region will reach $ 8 trillion, a huge potential space. Data show that in 2013 China's construction machinery exports reached $ 19.53 billion, Asia is the main export market, accounting for 46.9%.

Overweight in domestic infrastructure projects, "along the way" strategy to enhance exports, and driven by deepening reform and other factors, the construction machinery industry is ushering in a new round of development opportunities. In addition, the recent private capital have involved the construction machinery industry, but also shows the value of social capital for industry recognition of its performance and valuation levels the opportunity to usher in a double upgrade.

Companies, Xugong main crane and concrete engineering machinery products, the 2014 semi-annual report, the overseas market revenue accounted for 12.72%, the main focus in the Asia Pacific region. A major shareholder in Xuzhou city government, Jiangsu Guo-owned asset integration will promote the progress of reforms. Recently the company announced the proposed acquisition of four major shareholders equity components and other companies. It is worth noting that Nicaragua Canal total investment of $ 50 billion was officially started on December 22, agency expects the project will bring large orders, the total is expected to exceed 40 billion yuan. SASAC's Guangxi Liugong company with strong competitive strength in earthwork machinery. 2014 semi-annual report foreign income accounted for 17.21%. Company loaders, excavators and other machinery products, has been involved in the Thai transportation, water, infrastructure and other projects. Sany main concrete and excavating machinery, semi-annual report 2014 Main export markets accounted for more than up to 27.57%. (Excerpt from China Construction Machinery Business)

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