日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Machinery makers eye opportunities further afield

By Wang Chao and Huo Yan (China Daily) Updated: 2012-12-25 10:00

Due to sluggish domestic demand, Chinese manufacturers are targeting African markets for profits, report Wang Chao and Huo Yan in Liuzhou, Guangxi

Going overseas is no longer as easy as loading products on a ship and selling them quickly in the Middle East or Africa.

As tax barriers increase and profit margins get slimmer, Chinese manufacturers have to try other approaches to explore overseas markets, including building "complete knock-down" plants, where machinery is delivered in parts and assembled locally, and procuring materials locally.

Machinery makers eye opportunities further afield

Liugong Machinery Co has listed Africa as one of its "second home markets", along with Southeast Asia, Russia and Central Asia. Provided to China Daily  

Africa has become an increasingly important investment destination for Chinese machinery and auto companies. Liugong Machinery Co, based in Liuzhou in the Guangxi Zhuang autonomous region in South China, has listed Africa as one of its "second home markets", along with Southeast Asia, Russia and Central Asia.

Qin Yong, deputy general manager of international business at Liugong Machinery, said the most popular models in these markets are loading machines and excavators.

South Africa is the "superstar" in the African market. During the first three quarters of 2012, the company sold 830 units in South Africa and gained revenue of 390 million yuan ($62 million), up 117 percent year-on-year. The company is represented in most African countries with around 30 dealerships.

The unprecedented attention to overseas markets is partly results from the sluggish domestic market in the past two years.

Wang Xiaohua, president of Liugong, said the market has changed since 2011.

"The past 10 years have been golden ones for the Chinese market, but over the next decade, it will slow down and see modest growth," he said.

Liugong's financial report shows revenue in the third quarter of 2012 fell 27 percent year-on-year to 2.57 billion yuan ($407 million).

Domestic truck sales are also stalling sharply. Major commercial vehicle manufacturer Dongfeng Liuzhou Motor Co estimates its truck sales will drop 50 percent from 60,000 last year to 30,000 in 2012 due to shrinking demand.

Huang Ziqiang, deputy general manager of Liuzhou Motor, said the greener pastures are overseas and the domestic truck market is almost saturated. The company has exported trucks to Southeast Asia, Africa and South America.

 

Special Coverage

Machinery makers eye opportunities further afield

 

 

 

 

 

Related Stories

China's machinery industry to maintain slow growth

Tough times for construction machinery firms

China's slowing growth hits machinery industry

Liugong plans plant in Cambodia

 

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本五十熟hd丰满 | 日韩精品伦理 | 国产精品xx | 成人午夜免费视频 | 特级黄色大片 | 四虎影视永久免费 | av观看免费 | 69国产| 国内外成人在线视频 | 黄色福利在线观看 | 国产成人av网站 | 欧美精品免费一区二区三区 | 天天综合网久久综合网 | heyzo加勒比jav素人 | 欧美日韩亚洲系列 | 一区二区三区国产精品 | 国产精久久久 | 欧美一区二区三区视频 | 在线观看国产欧美 | 蜜桃精品视频在线 | 欧美三级视频在线观看 | 欧美日韩在线网站 | 日本一本久草 | 无套内谢大学处破女www小说 | 国内自拍xxxx18 | 美女色网站 | 精品久久99 | 欧美精品第一页 | 成人在线免费看片 | 亚洲另类视频 | 夜夜天天干 | 九九天堂 | 国产精成人 | 超碰动漫 | 一区二区三区四区视频 | 国产又大又黄又粗 | 亚洲一区高清 | 性爱视频免费 | 成年人在线免费看 | 国产乱人伦精品一区二区 | 免费在线观看日韩av |