Increasing Investment in Transport Infrastructure, Road Machinery Out of Trough
In the first half year of 2013, due to increased investment of traffic infrastructure, road surface and compaction machinery industry gradually got out of the trough, and achieved a slight increase. China Construction Machinery Association believed that the second half year the compaction machinery market will continue progress for a good direction.
Association experts said that in the first half year, the main sales of road surface and compaction machinery production enterprise varied widely, reflecting the ability differences of producers to respond to market risk to some extent.
For the next half year, for the market situation, the association experts pointed out that, despite no recent state introduction of large-scale fiscal stimulus to promote economic growth, but 2013 is the third year of the "Twelfth Five Year Plan" connecting the past and future, the state investment of transport infrastructure construction and urbanization will be fully fund.
Besides, in the period of "Twelfth Five-Year", China will maintain a certain investment intensity to highways, railways, airports, water conservancy and other infrastructure construction and urbanization, with the economy further improved, road surface and compaction machinery industry will also be maintain a sustained and stable development.
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