According to statistics, to construction machinery industry sales falling this year. Weakness of construction machinery. Agricultural machinery, however, hit a record high, wood debarker, wood chipper, debarker, belt conveyors, hay and other agricultural equipment continues to drive development of construction machinery.
Machinery industry is the representative of a country's level of science and technology, and construction machinery is the backbone of the machinery industry. Nearly 100,000 machinery manufacturer in China, which can vary immensely, disparities in the levels of productivity and technology, and fierce competition in the industry. Lot size is relatively small, the manufacturers had to use prices to attract customers, bring the whole industry price wars, make profits increasingly thin, less and less funding for research and development of science and technology, it's the vicious cycle. Last year was the golden year of construction machinery development, competition is particularly fierce, even the Distributor advance funding, leading to construction machinery entering the winter of this year. Drive for construction machinery in desperate need of new blood.
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