News Center

Jiangsu Juntongling Science and Technology Co, Ltd

4 trillion Stimulus Plan Construction Machinery Industry First Benefit


Release time:

2018-06-21

The ten measures to expand domestic demand and promote economic growth determined at the recent executive meeting of the State Council are expected to require an investment of about 4 trillion billion yuan by the end of 2010. The positive effect of the policy on steel, cement, railway, infrastructure and other industries is self-evident. For the majority of small and medium-sized enterprises, although there are not many direct beneficiaries, they also benefit indirectly due to the transformation of value-added tax and the boost of domestic demand. The construction machinery industry is the first to benefit from the implementation of the economic stimulus plan, the majority of small and medium-sized enterprises are expected to benefit indirectly. Construction machinery companies have attracted much attention. Industry insiders predict that the 4 trillion stimulus policy will make engineering

The ten measures to expand domestic demand and promote economic growth determined at the recent executive meeting of the State Council are expected to require an investment of about 4 trillion billion yuan by the end of 2010. The positive effect of the policy on steel, cement, railway, infrastructure and other industries is self-evident. For the majority of small and medium-sized enterprises, although there are not many direct beneficiaries, they also benefit indirectly due to the transformation of value-added tax and the boost of domestic demand.
Construction machinery industry should benefit first
 
Due to the implementation of the economic stimulus plan, the majority of small and medium-sized enterprises are expected to benefit indirectly. The construction machinery companies that have attracted much attention are the construction machinery companies. Industry insiders predict that the 4 trillion stimulus policy will benefit the construction machinery industry a lot. The construction of these projects will require a considerable number of lifting machinery, piling machinery, earth and stone machinery, concrete machinery, road machinery and other construction machinery products, for the construction machinery industry facing the test, will undoubtedly have a certain pulling effect.
 
Shanhe Intelligent, a listed company on the small and medium-sized board, is expected to become a beneficiary. Because it mainly produces small construction machinery and piling machinery, it matches the infrastructure investment measures. Li Qin, an analyst at CIC Securities, pointed out that the proportion of small excavators in my country reached 34% last year, while small excavators in North America and Europe accounted for 68% of excavator sales. This product of Shanhe Intelligence is promising.

Key words:


Business License