Rail Projects Will Boost The Sustainable Development Of Construction Machinery Industry In China
According to the Ministry of Railways plans in 2010, railway construction will maintain a steady growth. The railway sector investment is scheduled in fixed assets 823.5 billion yuan in 2010, of which 700 billion yuan investment in capital construction, an increase of 16.56%. The annual investment in railway construction will also be no less than 700 billion in the next three years..
The new high-speed passenger rail line mainly will be constructed in the construction and bridges and tunnels works are major at present. In addition to using a lot of special equipment on constructing, the usage rate of concrete machinery, lifting machinery and earthmoving equipment is very high. It is estimated that the total procurement of construction machinery accounted for the Beijing-Shanghai high-speed rail infrastructure is about 10% of the total investment. Benefiting the largest variety of construction machinery followed by rotary drilling rigs, cranes, concrete equipment, shovel earth-moving equipment, a more direct benefit of stock companies
