Infrastructure "Barometer" recovers!The sales volume of the excavator has been righteous for the first time in 14 months.

China Times (chinatimes.net.cn) reporter Zhang Zhi Beijing reported

In the traditional off-season of the excavator sales in June-September, this year, there are some "off-season."

According to data released by the China Construction Machinery Industry Association, in July this year, 26 excavator manufacturing companies sold 17,939 units of various excavators, an increase of 3.42%year -on -year. This is the first time that the total sales growth rate of the excavator has achieved a year -on -year positive growth since May last year.

Among them, 9,250 domestic units, a year -on -year decrease of 24.9%, narrowing; exporting 8,689 units, an increase of 72.8%year -on -year, continued to be strong. And the proportion of exports accounted for the total sales volume, and the export volume of excavators accounted for 48.44%in July.

For a long time, excavators are the most direct "barometer" to reflect the rise and fall of infrastructure. Corresponding to the sales of excavators, in July this year, a total of 3876 major projects started in the country, with a total investment of 239.3059 billion yuan. Among them, infrastructure projects are still one of the key areas of intensive construction in various places.

In August, many places started a batch of major projects again, and the plan to expand effective investment has also been settled one after another.

From the perspective of market participants, with the gradual progress of major projects in various places, the demand for excavators is expected to bottom out, and the industry may have a "post -high" situation. In the second half of the year, infrastructure projects are expected to rush to work with funding support. In the third quarter, the peak of work is welcomed, and the fundamentals of the infrastructure industry are expected to improve.

"In the second half of the year, there is still much room for infrastructure investment. Special debt and 66 trillion yuan policy bank credit has made full funds for infrastructure. It is expected that infrastructure investment will increase by 13.7%." Lian Ping, Dean of the Institute of Home and Research, told the reporter of Huaxia Times.

Infrastructure driving excavator hot sales

According to the previous rules, it is generally the peak season for the sales of excavators, and from June-September for the off-season.

However, this year, "the peak season is not strong, and the off -season is not light" has become the keyword this year.

Data show that in July, the sales of various types of excavators were 17,900 units, a decrease of 02,900 units from the previous month, a decrease of about 14%, but a year -on -year increase of 3.42%. This is the first time that the monthly sales of excavators have increased for the first time since May last year. Last month, the sales of excavators fell by 10.1%year -on -year.

From the perspective of the market, the sales volume of domestic excavators in July was 0.93 million units, a decrease of 15.45%month -on -month, a year -on -year decrease of 24.9%, which was about 10 percentage points narrowed last month.

A highlight is that in the first half of this year, the domestic construction machinery operating rate was improved quarterly. The total working time of the excavator increased by 6.86%year -on -year, and the monthly operating rate of construction machinery was 60.37%. 53.98%of the first quarter was significantly improved. The number of starting hours nationwide in July increased, reflecting that the actual construction of the downstream has improved.

"Data such as construction machinery and equipment starting hours continues to show that the steady growth measures have begun to make efforts, social investment momentum has gradually increased, economic growth shows strong toughness, and the role of infrastructure project investment driving economic growth is emerging." China Zhang Jianhong, director of the Environmental Technology and Economic Branch of the Society of Technology and Economics, said.

Correspondingly, statistics from the National Bureau of Statistics, the national fixed asset investment in the first half of the year increased by 6.1%year-on-year, of which infrastructure investment increased by 7.1%year-on-year, accelerated by 0.4 percentage points from January to May.

Exports continue high growth. In July, excavators exported 8,689 units, a decrease of 10.7%month -on -month, and rose to 72.8%year -on -year. It is understood that in the first half of this year, due to the fiery overseas orders, many overseas sales of construction machinery companies have increased significantly. Some companies have reached a record high, and some areas of overseas areas are out of stock.

According to data from the China Construction Machinery Industry Association, from January to June, China's construction machinery import and export trade volume was US $ 21.391 billion, a year-on-year increase of 25.2%. The export volume each month was at the highest level of the same month.

Guangfa Securities believes that in 2022, there is a lagging effect of construction machinery in the construction machinery, while overseas markets have a high prosperity. At present, the superposition of the epidemic in the large cycle has an impact on the shipment of the host factory. In the context of infrastructure extraction, the "excavator index" will rise further.

Increase infrastructure investment in many places

Behind the hot sales of excavators is the policy of improving infrastructure construction in various places.

Since 2022, focusing on the national strategic deployment and the "14th Five -Year Plan", my country ’s 25 provinces and cities have released the 2022 investment plan, with a total investment of over 45 trillion yuan. Investment is frequent.

Recently, the Henan Provincial Government General Office issued the "Comprehensive Acceleration of Infrastructure Construction Work Plan to Stable Economic House" pointed out that before the end of September this year, 84 major infrastructure projects must be started, with a total investment of 137.3 billion yuan. According to the plan, we must strengthen the construction of network infrastructure. Accelerate the expansion of the railway into the net, and by 2025, the high -speed rail (including intercity) operating mileage will exceed 3,000 kilometers. Improve the layout of civil airports. By 2025, the number of transport airports will exceed 6, and the number of general airports will reach more than 20. Encrypted highway network, 3,000 kilometers of new trunk roads during the "Fourteenth Five -Year Plan" period. Promote the water transportation of Jiangdahai. By 2025, the running mileage of the channel will reach 2,000 kilometers, and the port throughput will reach more than 70 million tons.

The simultaneous announcement of the "Henan Province Comprehensively Accelerating the Construction of Infrastructure Construction to Stable Economic A large projects" shows that it will invest over 4.2 trillion yuan and start construction of 602 key infrastructure construction projects. A highlight is that Henan plans to promote the layout of communication networks, new technologies and computing power infrastructure, and build a new generation of information infrastructure benchmark provinces. By 2025, the province's 5G base stations have accumulated 200,000, and the total bandwidth of the Internet backbone direct connection point will reach 2000G; the number of data center machines will reach 150,000, and the number of mobile Internet of Things will reach 300 million.

In Hunan, Hunan infrastructure construction with a total investment of over 3 trillion yuan also kicked off. Among the 809 projects, in addition to continuing construction and major early projects, there are only 240 new projects this year. As major projects are continuously landing, infrastructure investment will continue to play a role in stable growth.

In the Northeast, Benji (Benxi to Huanren) in Liaoning Province, Ling Sui (Lingyuan to Sui -China) highway, Beijing -Kazakh Highway Suizhong to Panjin section reconstruction and expansion project simultaneously started. This is the National Expressway. This is the National Expressway. The important part of the highway network and the Liaoning "dual -core two -axis and four channels" comprehensive three -dimensional transportation network is expected to have a total investment of 73.7 billion yuan, and its scale has reached a record high in Liaoning's transportation infrastructure projects in recent years.

Not only the local, but recently, 7 departments such as the Ministry of Natural Resources issued the "Notice on Strengthening the Establishment of Early Emphasis on Land in Employment and Approval", which requires comprehensively strengthening infrastructure construction, strengthening the protection of land use factor, and doing fine transportation, doing fine transportation, and doing excellent transportation. Energy, water conservancy and other projects work to improve the quality and efficiency of land for approval.

Guohai Securities Research Report shows that in July, a total of 3876 major projects started nationwide, with a total investment of 2.39 trillion yuan, of which infrastructure projects were the focus of construction. In the second half of the year, infrastructure projects are expected to rush to work with funding support, and in the third quarter or welcoming the peak of work.

Editor -in -chief: Xu Yunqian Editor: Gong Peijia

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