In 2007 the first half, China's construction machinery industry sales growth rate reached 46 percent, higher than the whole machinery industry 32% growth rate. Annual sales are expected to exceed 226 billion yuan, an increase will reach about 40 percent, industry profits could be up 70 percent to 100 percent.

The huge domestic market demand and rapid development of China's construction machinery enterprises to bring exceptional growth opportunities. China construction machinery enterprises in the constantly meet the domestic demand, while growing rapidly. The technological level of enterprises has been improving, product upgrading and speed; industry concentration, and our economies of scale to emerging enterprise governance obvious optimization, many companies have established a whole set of modern enterprise system and organizational structure and the competitiveness of enterprises significantly improve.

According to "international building" magazine issued by the 2006 World Construction Machinery 50 statistical data, some of China's construction machinery business advantages, such as Xu Engineering Group, in the weight Branch, LIUGONG Group,
Heavy construction machinery
3.1 Xiamen Engineering Group, the China Dragon and Hill has pushed one of the engineering machinery 50. In Changsha in with the weight of the branches and3.1
Heavy construction machinery
as one of the two has strong comprehensive strength of leading enterprises, respectively, to 1.11 billion US dollars and 1.04 billion US dollars in sales, ranked 26 and 28.

 3.1Heavy construction machineryas an outstanding private enterprises, with its research and development capabilities, technical strengths and improve the marketing system, "Concrete Machinery '"'> Concrete Pile machinery and mechanical fields for the No. 1 market share. March 1 to the current company in the United States and India to invest and build factories, export situation optimistic and expect to maintain the 50% to 100% of high-speed growth. Other companies flexible management mechanism, and outstanding management team is also one of the major advantages.

Branch is the weight of the second largest domestic engineering projects cranes crane manufacturer and the second largest concrete machinery manufacturers, strong market position. In the heavy-duty vehicles and cranes and crawler cranes in the area of domestic leading position. The former majority shareholder of Changsha Research Institute of Construction Machinery is a 50-year history of the country's largest construction machinery comprehensive scientific research institutions, scientific research strength prominent. In 2006, the company completed a management equity incentive system, its operating mechanisms can be greatly optimized.
In the weight through independent research and development by means of merger and acquisition of a number of products entering production areas: engineering cranes, road machinery, rotary drilling rig, machine tools, etc., and in each area there has been rapid development and more leading position, prominent capacity achieved development.

From the industry as a whole, a relatively complete system of construction machinery in China is gradually established, the industry's enterprise products have also emerged mutual penetration, product chain extended to the upper reaches of the phenomenon.

 Look for shortcomings: business pluralism and technical research and development, however, China's construction machinery enterprises and the current strength of the international giants there is still a relatively large gap between the. According to 2006 data, Caterpillar sales is China's largest engineering machinery enterprises XCMG Group of 12 times, in the operating profit is re-Section 28 times. In terms of firm size, production and sales, the per capita output, corporate profits, and other terms, China's construction machinery the competitiveness of the enterprises in particular international competitiveness needs to be raised. Caterpillar from the international engineering machinery giant historical data analysis, we can see that the diversification strategy and the importance of technology research and development is the success of its two important reasons.
First, products, markets and the diversification of business enterprises become lasting impetus.

2006 Caterpillar annual profit of 3.537 billion US dollars, an increase of 28 percent. The business of "mechanical equipment machinery and equipment to achieve operating profit 3.027 billion US dollars, power equipment, operating profit for 1.63 billion US dollars, financial products operating profit of 6.7 billion dollars.

 Caterpillar construction machinery equipment products has covered most major varieties. Road Machinery "scraping transport machinery scraping transport machinery, cranes, civil engineering machinery and so Bridge is its main selling products, its product line width and a single product sales revenue and scale far greater than Japan's Komatsu, the United States and other international competition Teleikeshi My opponent and domestic enterprises.