XCMG recently hosted Chinese president Xi Jinping. During his annual national inspections following the 19th CPC National Congress, President Xi started his tour by reviewing operations at the XCMG headquarters
During this particular stop, President Xi voiced his support for XCMG’s independent research and innovation, and the ways the company has strengthened the development of the economy and the manufacturing industry.
A slow but steady recovery in machine sales worldwide is likely in the next few years, with India being one of the key growth markets for the future. However, this comes after the construction equipment sector has seen significant downturns as well as other major changes worldwide in the last few years, according to David Phillips, managing director of Off Highway Research. He said, “The industry structure has really changed.”
Global sales of construction machines were worth around US$93 billion in 2014
In a keynote speech at the XXIVth World Road Congress in Mexico yesterday, Carole Coune, secretary general of the International Transport Forum at the OECD, stressesd the role of transport for environmentally responsible development.Coune, who assumed office as the International Transport Forum's secretary general in August, said, "Transport is a critical factor in delivering green growth.
LiuGong has been investing heavily in manufacturing and product development, as well as building international distribution – vice president David Beatenbough spoke with Mike Woof
One of Chinese leading producers of wheeled loaders, LiuGong has an increasingly international flavour. The company has perhaps a larger contingent of North American and European executives and employees working in China than most of its competitors in the country.
