The Chinese excavator market is on the rise with the country’s economy rebounds both at home and abroad. Data from the China Construction Machinery Association (CCMA) showed an 85% YoY in the total sales of China’s excavators in Q1. The robust pace of sales indicates China’s excavators’ stronger presence in the global market and their vista of internationalization broadened. XCMG, as one of China’s top excavator manufacturers, just sent over 200 units of excavators to Europe, the United States and Australia, marking our rising competitiveness in these high-end markets. Currently, the overseas income accounting for about 30 percent of XCMG’s total revenue, and we’ll continue promoting the internalization strategy in this ever-growing market. #XCMGnews

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