Skip to main content

Ritchie Bros’ Chinese landmark

Ritchie Bros Auctioneers has held its first-ever unreserved public auction in China. Over 500 bidders registered to bid on equipment at the one-day, multi-million RMB auction and over 1,000 people attended the auction in person to see the global marketplace in action. The auction featured a selection of more than 155 unused and used heavy equipment items and trucks, including more than 25 hydraulic excavators and 20 wheeled loaders. After many years of working with the Beijing Tianzhu Free Trade Zone Manage
May 29, 2013 Read time: 1 min
318 Ritchie Bros Auctioneers has held its first-ever unreserved public auction in China.

Over 500 bidders registered to bid on equipment at the one-day, multi-million RMB auction and over 1,000 people attended the auction in person to see the global marketplace in action.

The auction featured a selection of more than 155 unused and used heavy equipment items and trucks, including more than 25 hydraulic excavators and 20 wheeled loaders.

After many years of working with the Beijing Tianzhu Free Trade Zone Management Committee, Beijing Customs, and Beijing Entry-Exit Inspection and Quarantine Bureau, Ritchie Bros has established a regulated channel for equipment exchange in China and export out of China through the Tianzhu Free Trade Zone.

Related Content

  • Booming BICES buoyant, with strong attendance
    September 22, 2015
    There was strong attendance at the first day of the BICES 1025 construction equipment exhibition in Chinese capital Beijing on the 22nd of September. Muggy weather and heavy traffic congestion failed to dissuade a large number of attendees visiting the show, located at the new exhibition centre close to Beijing Airport. For those opting to travel to the event by public transport, the proximity of the trade fair centre to the metro system made journeys highly convenient.
  • Morocco extraction site service capability
    July 15, 2016
    Phosphate extraction is carried out on a huge scale in Morocco in harsh, hot and often remote locations. Servicing this equipment is no easy task given the conditions, with special machines having to be used. Phosphate is in high demand. It is used in fertilizer, detergent and food additives. However its fastest growing market is in the manufacturing of lithium-ion batteries, now being used widely for commercial goods as well as electric vehicles. As Morocco is the world's third-largest producer of phosphat
  • CECE Summit – is Europe ready for a digital construction worksite?
    November 20, 2015
    The CECE has voiced his concern over government regulations that could strangle innovation for the digitalisation of construction machinery. China’s imploding economy was another topic at the recent conference in Brussels, reports David Arminas. The CECE has urged the European Parliament and European Commission to enact legislation that promotes rather than hinders the construction sector’s transition to a digitalised way of working. “We need a smart regulatory framework that helps to unlock the full poten
  • Optimism for M&T Expo 2012 show
    May 30, 2012
    M&T Expo 2012, the 8th International Exhibition of Construction Equipment and 6th International Exhibition of Mining Equipment, has opened in São Paulo, Brazil’s biggest city. It is the largest trade show for the construction and mining industries in Latin America. According to M&T Expo promoter Sobrameta (the Brazilian Association of Technology for Equipment and Maintenance) the prevailing tone at the opening ceremony was one of optimism among the leaders in the two segments of industry. Sobratema is expe