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

  • Caterpillar has a Vision that includes total project site overview
    April 5, 2016
    Caterpillar may be on its financial back foot, but a recent event showed the company has a vision far beyond this or the next financial year – David Arminas reports. Many construction machinery manufacturers have some data collection and analysis systems for their heavy equipment. For a good decade, manufacturers have been moving in this direction, first as retrofit packages on machines in the field and increasingly as standard on newer models. Caterpillar is no exception among manufacturers that are movin
  • Project underway for Chinese bridge
    May 15, 2014
    Potain tower cranes are being used to construct a major cable-stayed bridge in China. The conditions are tough and feature high winds and monsoon conditions, with the cranes working at an altitude of 1,500m above sea level in a mountain range in southern China to build the Duge Beipanjiang Bridge, which will span 720m when it is complete The job is requiring six Potain tower cranes in total during the course of the US$92.75 million (570 million RMB) project. Two cranes have been erected at the job site a
  • India plans major infrastucture investment
    April 5, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt. After years of planning some projects were incomplete, there were health scares and a br
  • Fast flyover removal with specialist demolition equipment
    July 12, 2012
    An overcrowded Indian flyover was removed in record time using specialist demolition equipment, as Patrick Smith reports Demolition of the landmark Lalbaug flyover south of central Mumbai has been completed and work on a new bigger bridge has started in India's largest city. Although the 38-year-old Sant Dnyaneshwar (Lalbaug flyover) two-lane, one-way traffic artery was serviceable and used by to 15,000 vehicles/hour, there were daily traffic jams and environmental consequences. Despite the complex and dema