Construction machinery exports directly benefit overseas high-speed rail

In recent years, China's high-speed rail construction has been making rapid progress. In the domestic high-speed rail technology has become more mature, and based on the world. China's high-speed rail is gradually going abroad. On the 12th, Gao Hucheng, Vice Minister of Commerce of the People's Republic of China accompanying Vice Premier Li Keqiang’s visit to the UK, stated at a media briefing that during the talks between Vice Premier Li Keqiang and Prime Minister Cameron, Cameron proposed to be in the UK’s infrastructure sector, including high-speed Cooperation in the construction of the railway. China's high-speed rail construction once again goes to the world.

As we all know, the construction of high-speed rail has a great pulling effect on the construction machinery industry, involving many types of machinery in the construction machinery industry, such as earth-moving machinery, lifting machinery, and piling machinery. It is reported that China has signed cooperation agreements with Thailand and Laos and plans to build a high-speed railway linking three countries. It is expected that it will start construction next year. At the same time, China has already drawn up a number of high-speed rail construction plans that go through Central Asia, Russia, and Southeast Asia, and has reached cooperation agreements with Russia and other countries. This series of project construction will directly lead to the export market of construction machinery.

At present, due to the financial crisis, the market demand for construction machinery in Europe and the United States has not yet been restored. The construction of foreign high-speed rail projects will undoubtedly bring benefits to the export of construction machinery. The next 10 to 20 years will be the "golden period" for the global high-speed rail development. China's high-speed rail technology has become the world leader in high-speed rail and has the conditions to accelerate "going out". Therefore, the construction machinery industry should also seize this opportunity to open up overseas markets.

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