1. China's Construction Machinery Industry Achieves International Trade Turnover of $22.34 Billion in Jan-May
China's construction machinery industry's international trade turnover reached $22.34 billion in the first five months of this year, up 3.7% year-on-year. This indicates that despite facing dual pressures of domestic market saturation and intensified overseas competition, Chinese construction machinery products have demonstrated strong competitiveness in the global market.
2. National Construction Machinery Utilization Rate Hits 48.97% in H1
The latest data on the "CCTV Finance Excavator Index" jointly created by CCTV Finance, Sany Heavy Industry, and Shugen Interconnection has been released. In the first half of this year, the national construction machinery utilization rate was 48.97%, China's import and export of goods totaled 6.1% year-on-year, the import and export scale exceeded 21 trillion yuan for the first time in the same period in history, port equipment in many places was "hot", and the port logistics industry recovered strongly.
3. EU Makes Preliminary Anti-Dumping Ruling on Mobile Elevated Work Platforms from China
On July 12, 2024, the European Commission issued an announcement to make a preliminary anti-dumping ruling on mobile elevated work platforms (Mobile Access Equipment) originating in China, and preliminarily determined to impose temporary anti-dumping duties of 14.3% to 55.3% on the products involved.
