First publishedon www.AggBusiness.com
Rising demand for construction machinery in China is welcome news for the organisers of bauma CHINA
2018 – who are now taking company registrations online.
Whether for new innovations or proven technologies, thanks to its extensive range of products and services, bauma CHINA has emerged as the largest and most prominent industry construction and quarrying industries’ event in Asia. From 27-30 November 2018, the entire exhibition grounds of the Shanghai New International Expo Centre (SNIEC) will once again be opened for the international trade fair for construction machinery, building material machines, mining machines and construction vehicles. Companies may now begin registering until 27 February 2018. (Materials are available for downloading on the website)
Growing infrastructure and mining activities have led to a noticeable increase in demand and an improved order situation in the Chinese construction machinery segment. The sector had been in a recession for five years. The Chinese construction machinery segment has been rapidly recovering since September 2016 and is forecast to reach peak levels in the first half of 2017.
Maritta Lepp, project manager of bauma CHINA, is confident the exhibition will be a great success, saying: “Similar to the upswing in the Chinese economy, we are seeing positive signs for the upcoming bauma CHINA 2018.”
Among other factors, the Chinese government has played a role in the industry’s upturn by promoting the public-private partnership model (PPP model). The model encourages construction projects by private investors, which is beneficial for the Chinese population and has a positive impact on the demand for cement pumps, excavators and cranes. Some machines are so sought-after that manufacturers have to add extra shifts to cover the demand. Sales of cement machinery and caterpillar cranes have tripled compared to last year.
Despite the economic slowdown in China in the past years and the atmosphere of change in the industry, bauma CHINA 2016 attracted more than 170,000 visitors from 49 countries and regions along with 2,953 exhibitors from 41 countries and regions. Since its first event in 2002, the trade fair has continued to evolve and has consistently expanded its leading role in Asia.