How to Solve the Problem About Excess Capacity in Industry

According to the China Construction Machinery Business survey, 26 of the briny manufacturers of excavators in China sold 8868 units in September, 23.86% down. Excavator cumulative increase since February of this year climbed to the highest point, it has been declining for several months. China Construction Machinery persistence Association has predicted the next five years, the pull machinery exertion is judge to be 17% annual proceeds. But now the process target is being challenged. Growth in the sec delineate of this year began the rapid compensate in facial expression machinery industry had hush not out of the signs down, the industry growth is still in the bottom. Affected after grammatical construction machinery enterprises are expanding exertion capacity is becoming excess capacity. Excavator gross revenue extraction in a row is typical of Chinas construction machinery industry reflected. According to industry experts say, since the second quarter this year, sales of construction machinery industry continued to decline, this phenomenon has not been checked in the third quarter.

Zoomlion Chairman Zhan Chun new that the growth rate of decline in construction machinery industry, there have been signs of late lastly year, the first quarter of this year, industry unexpectedly explosive growth has actually overdrawn market demand, sales of construction machinery starting from the second quarter, a marked decline in . Railway construction slowdown, real estate is the construction machinery industry sales for the decline. entropy show that the Ministry of Railways to complete the first nine months of capital construction investment 346.879 billion yuan, down 19.3%. National Railway in the third quarter ended investment for years the broad Leap Forward. Data also shows that the first three quarters this year, Chinas fixed asset investment up 24.9% nominal growth (after deducting price factors, the actual increase of 16.9%), down 0.7 role points over the first half, shrinking... If you want to get a profuse essay, order it on our website: Orderessay

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