Skip to main content

XCMG hosts Chinese premier Xi Jinping

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.
May 11, 2018 Read time: 3 mins
Chinese premier Xi Jinping met XCMG staff at the firm’s headquarters in Xuzhou
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 2490 XCMG’s independent research and innovation, and the ways the company has strengthened the development of the economy and the manufacturing industry.

When President Xi left Beijing for Xuzhou, he chose to visit XCMG first. Originally founded as the “8th Arsenal of South Shandong for the Eighth Route Army” in 1943, XCMG has managed to increase its share of domestic and overseas construction machinery markets. The company has also made advances in manufacturing and construction projects, especially in the pursuit of activities related to the Belt and Road Initiative.

President Xi acknowledged the company’s steady stream of achievements in past decades, emphasising the role of state-owned enterprises and he encouraged XCMG to continue making strides.

During his visit, President Xi inspected the production line in the crane chassis assembly area. Speaking with floor workers, he appraised the industrial internet big data platform essential for service-oriented manufacturing and remote services.

Chairman and secretary of the Party Committee of XCMG Wang Min accompanied President Xi during the course of the visit, during the tour of the largest Chinese-made assembly line of crane machinery.  

President Xi got inside the cab of the XCA220 all-terrain crane, inquiring about the details of its technical innovations and operation. Construction machines have been prioritised by the Chinese Government as the equipment manufacturing sub-industry forms the backbone of the overall manufacturing industry. As a result it is recognised that China will need to increase its investment and strengthen research and development in order to boost its global position in modern equipment manufacturing.

Innovation is a source of core competitiveness and President Xi has urged a shift in policy from ‘Made in China’ to ‘Created in China’ to develop legacy brands. This is intended to highlight the research and development work in new technology being carried out in China for developing new products. Highlighting the role of state-owned enterprises, President Xi said they should serve as a major force in supply-side structural reforms by aiming to satisfy international standards and leading other domestic industries in moving up the global value chain.


In the square outside the workshop, 50 models of XCMG’s construction machinery products used for all kinds of infrastructure projects and construction were displayed.

After the demonstration, President Xi visited XCMG‘s staff in the square and remarked with enthusiasm how XCMG’s history will drive it forwards.

China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development, a pivotal stage that must be overcome with each industry and enterprise growing in a steady manner.

For more information on companies in this article

Related Content

  • The drive for US road funding: will corporate America get a seat?
    September 13, 2017
    Trumponomics aims to use public money for pump-priming an even greater amount of cash from the private sector to improve America’s crumbling roads. But is political will matching corporate America’s enthusiasm for more private investment, asks David Arminas If there were ever a test case for comparing public-private partnerships and design-build contracts, the recently completed Ohio River Bridges Project is it (see previous article).
  • Strong attendance points to a successful bauma China show
    December 17, 2014
    Even heavy rain showers on the first day of the bauma China exhibition in Shanghai did not dissuade the crowds packing the outside exhibition areas - Mike Woof writes Those firms exhibiting at bauma China 2014 in Shanghai benefited from a strong show that attracted a record attendance of 191,000, an increase of 6% over the 2012 event. A wide array of new equipment was on show from the 3,104 firms exhibiting, an increase of 14% from 2012. There was a strong focus on technology and new engines required for
  • China's increased aggregates production
    May 8, 2012
    A new range of equipment from SHANBAO has helped to increase limestone production to meet Henan Province's aggregates demand. SHANBAO has supplied a full range of equipment to two companies in a growth region of China.The Chinese-based manufacturer of stationary crushing and screening equipment supplied the equipment to Yongsheng Aggregates and Yongye Trading. The crushing, screening and feeding equipment is being used to process limestone that supplies 10% of the aggregate requirements in the Henan region'
  • US highway bill finally receives approval by government
    September 27, 2012
    After a long series of delays, the US Government has finally managed to agree the latest highway reauthorisation bill. This comes after numerous short term extensions of the previous bill, due to political stalemate. The short term extensions were not sufficient to allow firms to invest and this situation stunted construction activity in the country. With the bill now in place, contractors will be able to look forward to some transport spending, and will likely increase spending on replacing old constructio