Excavator industry cautiously optimistic about the situation in 2013

Recently, Li Hongbao, secretary-general of the China Excavator Association, said that China's mini-excavators are in good condition this year and will grow by more than 5%. The situation of medium-sized and above excavators is not optimistic and will drop by more than 5%. Taken together, in 2013, the overall excavator industry in China will still grow by 5% to 10%. Compared to last year, the excavator industry is cautiously optimistic.

In Li Hongbao's view, the following factors have led to the uneven development of cold and heat in recent years. First, the general trend. In recent years, with the accelerating process of urbanization in rural areas, labor costs have become higher and higher, and the problem of unit labor has become increasingly prominent. A small dig can be equivalent to 6 labors and the cost performance is relatively high, which makes more and more construction companies and individuals choose to purchase small diggers. Second, the overall industry is more rational. The performance of corporate goods is less, and users are more rational in buying. Small digging is widely welcomed by users due to relatively low price and relatively low digging, which makes it easy for users to repay funds and also increases their profitability.