Infrastructure Investment and Rural Power Grid Upgrades Drive Recovery in the Lifting Machinery Industry

2016-05-06 785 0人评论
            
              Benefiting from the recovery in real estate and infrastructure investment in the first quarter, the lifting machinery industry's Q1 2016 data exceeded expectations, and clear signals of an industry recovery have emerged.

  This year, infrastructure construction has started in various regions with large investment amounts, driving demand for lifting machinery, construction machinery, building machinery and other equipment. For example:

  Xilinhot City is fully advancing the "Ten Full Coverages" project with an investment of 392 million yuan

  2016 Hunan construction projects have a total investment of 849.4 billion yuan

  The world-class cross-sea project from Shenzhen to Zhongshan has been launched with over 42.3 billion yuan

  Guiyang has started 42 infrastructure and public service projects with a total investment exceeding 34 billion yuan

  The guiding role of national policies has increased support for rural construction and accelerated rural power grid development. The launch of a new round of rural power grid upgrading projects has increased production momentum for enterprises making electric lever hoists for engineering.

  

  During the 13th Five-Year Plan period, the State Grid Corporation of China's new round of rural power grid upgrading projects is expected to involve investment exceeding 520 billion yuan. In particular, in the current and next two years, according to the deployment of the State Council, the State Grid Corporation alone will invest 135.3 billion yuan in two projects: rural power grid upgrading in small towns and central villages, and electrification of motor-pumped wells in plain areas. The total investment in rural power grid upgrading projects will exceed 175 billion yuan.

  The rural power grid is important rural infrastructure and plays an irreplaceable role in promoting agricultural and rural development and improving farmers' production and living conditions. It is of great significance for promoting the upgrading of rural consumption, driving the development of related industries, and boosting effective investment.

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