Construction equipment manufacturing in Changsha amazes the world. In Changsha, the capital city of Hunan Province, there are the top 50 global construction machinery manufacturers including Sany Heavy Industry Co., Ltd, Zoomlion Heavy Industry Science and Technology Co., Ltd., Sunward Intelligent Equipment co.,ltd., and China Railway Construction Heavy Industry Co., Ltd.. With more than 200 supporting enterprises, they are going to build a world-class industrial cluster around ambient cities of Zhuzhou, Xiangtan, and Hengyang.
Du Jiahao, secretary of the CPC Hunan Provincial Committee and director of the Hunan Provincial People's Congress Standing Committee, has repeatedly inspected Changsha's construction equipment enterprises, by encouraging them to aim at building the world first-class brands.
Starting from 2017, more domestic enterprises of construction equipment have been listed companies thanks to the projects brought by the “One Belt and One Road” initiative, Yangtze River Economic Belt and other major projects, the maturity of the PPP model, and the upgrading of construction machinery products.
Sany Heavy Industry's revenue and profit are far ahead of other construction machinery enterprises, ranking first in China, and it is expected to return to its peak this year; Zoomlion Heavy Industry has nine new intelligent engineering machinery products in the first half of the year, achieving 14.72 billion yuan of operating income and 8.64 billion yuan of net profit.
From an industrial point of view, Changsha's construction machinery industry has been reborn. After the collapse of a group of construction machinery enterprises in 2012, the gap of the market and products allowed enterprises in Changsha to seize the market by improving product structure. At present, Changsha produces 12 categories of construction equipment with more than 100 subcategories and more than 400 models of products.
Some products rank top one nationally and even in the world: the production and sales of excavators and concrete machinery rank the first in the world; the market share of tunnel boring machine is No.1 in China; the production and sales of mobile cranes and towers cranes rank the first in China.