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

  • XCMG is further developing its overseas activities
    July 29, 2015
    XCMG is developing its overseas activities with a programme called 'One Belt, One Road'. Representatives from 18 countries recently travelled to XCMG’s headquarters in China to launch the firm’s new Overseas Service Activity. This is focusing particularly on service support for customers involved in the New Silk Road project. The launch event was followed by a seminar at XCMG, with officials discussing business opportunities deriving from the 'One Belt, One Road' strategy. This forms part of a drive by t
  • China to set up “international courts” for Belt and Road disputes
    February 6, 2018
    China plans to set up an “international court” for settling disputes among companies participating in Belt and Road transportation infrastructure work, according to Chinese media. The Global Time newspaper – with strong links to the communist government – reported that Chinese companies are facing more foreign-related lawsuits as they step up investment and business in countries covered by Beijing’s Belt and Road Initiative. The report called Belt and Road “a brainchild of Xi”, referring to Xi Jinping
  • China’s rising construction equipment sector in focus at CONEXPO
    February 13, 2017
    In recent years, China construction machinery industry has made great achievements, a fact that will be featured at this year's CONEXPO-CON/AGG. China’s Chamber of Commerce for Import and Export of Machinery and Electronic Products and the China Construction Machinery Association will introduce China construction machinery industry at its booth, G2116A. Chinese construction equipment makers are the world’s largest producers of mobile cranes, wheeled loaders, excavators and now also concrete pumps than
  • XCMG to create R&D base in the United States
    January 6, 2017
    Leading Chinese construction equipment manufacturing firm XCMG has revealed plans to open a new research and development facility in the United States. Speaking at bauma 2013 Wang Yansong, the company’s vice president, said, “In the second half of this year we are planning to build a R&D centre in the United States. It’ll take about half a year to finish construction. It should open in 2014.” While Yansong would not reveal how much XCMG was investing in the US site, he said it was due to America, along with