Multiple policies favorable construction machinery industry, the potential demand is released

Recently, the machinery industry secondary market performance last week, the CSI 300 Index fell 3.7 percent,hoist gantry crane the machinery industry index fell 2.1 percent, down slightly less than the overall market decline. Year to date, the overall machinery industry performance index and the market index was essentially flat, where metal products, instrumentation, boiler equipment, machine tools, lifting and transport equipment, and textile and garment machinery outperform.

     Downstream from the data, in June, the total coal stocks fell 2.8 percent, natural gas production increased by 8.2%; June highway passenger volume increased by 4.9%, road freight grew by 12.1%, the nation's major port cargo throughput up increase of 10.5%. Import and export, May,steel crane excavators total export volume grew 22.3% year on year single month export volume increased by 3.4%; bulldozers total export volume increased by 8.4%, rollers total exports volume fell by 8.1%, total export volume fell crane 33.3%, forklifts total exports rose 17.7% in the number. June, lathes export volume fell 12.9 percent, milling machine export volume rose 4.2%.

     In addition, policy support demand driven agricultural machinery agricultural machinery, the central document for ten consecutive years Focus "three rural" enough to appear government support for agriculture determination. At the recent State Council promulgated the "State Council on financial support for economic restructuring and transformation and upgrading of guidance", once again clearly will increase the "three rural" areas of credit support. Among them,bridge gantry crane for the first time clearly encourage banking institutions to carry out exploration and medium-sized agricultural machinery mortgage pilot. Credit policy to support the further release of the potential market demand for agricultural machinery, including the New Territories Pump including agricultural producers will benefit.