Dongguan has shut down entertainment venues involved in prostitution. Setting aside the effects, Dongguan is truly in trouble this time; in the short term, the city's GDP will suffer. The sheer number of illicit services in Dongguan may have already become an important industry chain in the city, and this way of building society is absolutely unacceptable.

　　Let's return to the path of driving the economy through real estate and take a look at how Dongguan's construction machinery has developed over the past year.

　　Dedication

　　On February 10, 2014, in response to the widely circulated online rumors about Dongguan's sex industry and "Guan-style service," the Dongguan Internet Culture Association presented the true meaning of "Guan-style service" through text and images, full of positive energy. Among them, the "Guan-style service" of a Humen Port operator is the repetition of crane operation movements 3,000 times a day.

　　Events

　　On January 14, 2014, Komatsu (China) Investment Co., Ltd. held its 2014 National Dealer Conference at the Mission Hills Resort in Dongguan.

　　Companies

　　Dongguan Jianhua Machinery Manufacturing Co., Ltd., as a leader among domestic non-standard attachment manufacturers, has an outstanding performance in the field of non-standard attachment production. Since its establishment, Dongguan Jianhua Machinery Manufacturing Co., Ltd. has always been committed to independent research and development and production of excavator extension arms and various supporting operation devices and other construction machinery parts. In 2013, Dongguan Jianhua Machinery invested more than 30 million yuan to introduce special production equipment for extension arms to improve the product quality of Jianhua Company.

　　Accidents

　　On September 5, 2013, in Dongguan, Guangdong, the road surface on Jingchang Road collapsed, and a 29-ton crane crashed into the pit. When a large crane was driving on the road, the road surface suddenly collapsed, and the crane fell into the pit and was unable to move.

　　Inspections

　　On July 8, 2013, a crawler crane collapse accident occurred at Qifeng Park Station on Line R2, injuring 3 people. In addition to focusing on inspecting lifting equipment at each station of Metro Line R2, the Dongguan Safety Supervision Station will also randomly inspect lifting equipment at some construction sites.

　　Disputes

　　On May 27, 2013, next to Xiaogeng Reservoir in Renzhiyuan Village, Xiegang Town, Dongguan, the vegetable plots of more than 20 farmers were dug into pits by developers using excavators, and not a single plot was left intact. It turned out that on May 16, the developer of this land brought in excavators to destroy the vegetable plots, and after the excavators damaged them, they did not compensate at all.

　　Financing

　　By the end of 2012, Dongguan had 300 to 400 machinery and equipment export enterprises, with export value reaching more than 2 billion US dollars. With no obvious recovery in traditional European and American markets, Dongguan equipment manufacturing enterprises are increasingly moving into emerging markets.

　　Equipment manufacturing projects themselves have long project cycles and large capital requirements, while financing costs in emerging markets are high, and policy and market risks are relatively large. In response, a financial business called "financial leasing" has become the focus of attention on site. Financial leasing, also known as equipment leasing, is described by the industry as "borrowing a hen to lay eggs, selling eggs to buy a hen." When enterprises (including governments) in emerging markets lack funds to purchase equipment, financial leasing companies or financial institutions can, according to their requirements, pay for equipment for the enterprises or governments and sublease it to them for use. At present, many financial institutions in Dongguan have launched financial products with similar financing functions.