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Chris Zhu - ArticlesChris is an industry analyst in this field for more than 5 years with depth insight in the recent market trends. Based on the database, Interviews and research methods from shcri.com, she analyzes the development and opportunities in this industry clearly.
How Does The 4 Trillion Rmb Work On China’S Construction Machinery Industry?As China’s Economy is Growing Rapidly, the Demand for China’s Construction Machinery is Increasing, With a Market Scale of Nearly 20 Billion Usd in 2007. China is Also Very Vigorous in the Export of Construction Machinery. in November, 2008, Chinese Government Worked Out a Plan of Investing 4 Trillion Rmb Yuan (about 571 Billion Usd) to Promote Economic Growth During 2009-2010. This Move is Significant to China's Construction Machinery Industry. Over $28.6 Billion Will Be Invested On Airport Constructions And ExtensionsIt is estimated that passenger throughput and cargo throughput of China mainland airports will rise to 540 million person-trips and 11.8 million tons respectively by 2010 with average annual growth rate of 14%. More investment will go to civil airports construction and extension, especially in those western cities. In 2009, China will launch new projects of airport hubs in Chengdu, Xi'an and Guangzhou.
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