Policy Dividends: Promising Market Prospects for China's Construction Machinery Industry
The spring of the construction machinery industry is always there, so I have always been very optimistic about XCMG's future. This is Wang Min's exact quote. In Wang Min's view, the economic slowdown has indeed made the industry very difficult, but this is not entirely a bad thing for construction machinery. Everyone can take this opportunity to calm down, sort out future development ideas, further squeeze out excess, adjust structure, focus on innovation, and then achieve better development. The facts are indeed so. The construction machinery industry is extremely sensitive to economic fundamentals. China's construction machinery industry experienced a slow recovery in 2013. How it will develop in 2014 has become the focus of many.
2014-09-04
