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Xugong ranks fourth among the world's top 50 construction machinery manufacturers

2020-08-10

The scale and quality of Chinese companies are improving rapidly, according to the list of the world's top 50 construction machinery manufacturers. But more importantly, in terms of globalization, Chinese brands have also been transformed in recent years:



A decade ago, China's construction machinery makers accounted for a paltry 2-5 per cent of their overseas revenues. Today, the leading Chinese construction machinery makers, led by Xugong, account for 30 per cent or more of their overseas sales. This rapid change is a testament to China's progress in products and technologies, and to the shift from "made in China" to "made in Quality" in China.



It can be said that in the highly market-oriented soil of construction machinery, Chinese brands have gone through the refining of "real sword, real gun", and have cultivated a very solid competitiveness.



Foreign income from less than $10 m a year to more than $2.3 billion, xugong in the world at present already had 4 overseas r&d center, 15 manufacturing base, KD, 70 molecules companies or joint venture factory and offices, more than 300 distributors, products are exported to 183 countries and regions, the keep the export of Chinese engineering machinery for 31 years.