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

 
Home> Latest News

Machinery makers eye opportunities further afield

Updated: 2012-12-25 10:00
By Wang Chao and Huo Yan ( China Daily)
Comments() Print Mail Large Medium  Small 分享按鈕 0

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

Survey & Comments

| About us | Contact |

Constructed by Chinadaily.com.cn

Copyright @ 2012 Ministry of Culture, P.R.China. All rights reserved

主站蜘蛛池模板: 婷婷午夜精品久久久久久性色av | 在线观看免费高清视频 | 极品少妇xxxx精品少妇偷拍 | 欧美中文日韩 | 久久亚洲综合 | 欧美精品在线观看 | 国产精品人人人人 | 国产成人精品一区二区三区视频 | 亚洲图片色图 | 少妇操bb | 欧美久久久久久久久久久久 | 国产三级在线观看视频 | 都市激情视频 | 亚洲一区无| 超碰在线cao | 日韩免费黄色 | 久久久久久久一区 | 五月天婷婷在线视频 | 精品一区久久 | 免费在线观看黄色片 | 超碰在线中文字幕 | 亚洲综合欧美 | 精品国产一二三区 | 在线观看亚洲成人 | 日本精品视频在线 | 色网站在线免费观看 | 欧美日韩字幕 | 人人超碰人人 | 午夜导航 | 国产精品成人久久久久 | 天天干天天弄 | 欧美激情 亚洲 | 中文视频在线 | 亚洲欧洲日韩av | 欧美精品在线免费观看 | 97av视频在线 | 桃色一区 | 成人av网站大全 | xxxxx在线| 小罗莉极品一线天在线 | 国产专区精品 |