Just now, the UK's KHL Group, the world's most authoritative provider of construction machinery information, released the 2021 ranking of the world's top 50 construction equipment manufacturers.

Chinese manufacturer XCMG

has once again moved up strongly from fourth globally

to claim third place!

Becoming the only Chinese enterprise to enter the global top three!

According to the Off-highway Research report, the total sales of the listed companies worldwide reached US$202.7 billion. Construction machinery sales in China grew by approximately 14%, while other major markets all declined. In 2020, China's sales exceeded one third of the global market. There is no doubt that the companies with notable rises in this year's ranking all come from China.

The outstanding performance of Chinese construction machinery manufacturers is attributable to the Chinese government's effective and forceful control of the COVID-19 pandemic and to the rapid recovery of the Chinese economy. Behind the steady rise in global ranking and scale is the overall enhancement and growth of the strength of China's construction machinery industry.

China's construction machinery, represented by XCMG, is active on the international stage. With "Summiting Everest" as the "backbone" of its industry development, XCMG continues to break through in high-end technologies, root itself in a global layout, and strengthen industrial clustering, sketching out a new model of a specialized construction machinery manufacturer.

Contributing China's strength to the world

A brand-new XCMG

has created miracle after miracle of development

The great people of XCMG

have built a great XCMG!