User:Linchan1988/sandbox

Although China's economic slowdown is a foregone conclusion, but large-scale construction machinery blow molding machine manufacturer Sany President Xiang Wenbo still optimistic about 2012 prospects for the domestic market. Domestic construction machinery market is expected to reach 500 billion yuan to 600 billion yuan this year. Chinese construction machinery manufacturing enterprises overseas mergers and acquisitions is an inevitable trend. Now, large-scale overseas mergers and acquisitions has just begun. While this year's industry growth will slow, but in view of the gross domestic product (GDP) is still in a phase of rapid growth, I am still very optimistic about the prospects of China construction machinery market in 2012. China's 2011 gross domestic product (GDP) growth rate of 9.2 percent, 7.5 percent GDP growth target for this year to establish. A strong local market is an important reason for the rise of China construction machinery manufacturing enterprises. According to the previously released by the China Construction Machinery Industry "12th Five-Year plan, by 2015, Chinese construction machinery industry sales volume will reach 900 billion yuan, average annual growth rate of 17%. The size of China construction machinery market in 2010 accounted for 47% of the global, it is estimated that in 2011 this proportion will increase. The size of the Chinese market accounts for half of the global market size of China's construction machinery manufacturing enterprises have an unparalleled advantage in the local market, this time to carry out a strategic overseas mergers and acquisitions welded tube mill, will encourage Chinese enterprises to accelerate development. Due to fierce competition in the domestic market, Chinese manufacturers of construction machinery to overseas seeking to develop larger, more daring overseas acquisitions this year. The next three years to four years, most large Chinese construction machinery providers overseas business income share from 10% to 30%. Compared to packaging machinery, is a slower development of the industry, their own deposit insufficient. Is mainly reflected in the following areas: the origin of all enterprises (state-owned, collective, private), funding, equipment, technical strength are significant differences between the starting point also high and low. The overall trend is less of the high starting point, most companies are hovering in the low-level device. An area more than in the production of repetitive large, the price is also much competition blender, weak profits.