China Construction Machinery Enters Japanese Machinery Market

The Ministry of Commerce website quoted the "Japan Economic News" report that China Zoomlion Heavy Industry Science and Technology Development Co., Ltd. (Zhonglian Scion (9.51, -0.10, -1.04%)) was awarded the Fukushima County Civil Construction Company - Jinyu Heavy Machinery The order of 30 33-meter concrete pump trucks is scheduled to be delivered from October of this year to April 2013. The existing 17 pump trucks of Jinyu Heavy Machinery will gradually be updated. This is the first time that construction machinery produced by Zoomlion has entered the Japanese market, and it is also the first time that Chinese concrete machinery has entered the Japanese market. Zoomlion also announced that it will set up an R&D center and production base in Japan in 2012. In accordance with relevant Japanese laws and customer needs, it will improve its products, establish a comprehensive after-sales service system and marketing system, and open up the Japanese market.

The strong demand in China's domestic market has boosted the rapid growth of China's construction machinery, significantly increased its technological level and production capacity, and actively explored overseas markets. Another China Construction Machinery Company Sany Heavy Industry (14.41, -0.38, -2.57%) is also trying to enter the Japanese market. Chinese companies will compete fiercely with Komatsu Machinery and other international construction machinery companies in the Japanese market.