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Zhongxin net Beijing, Sept. 20 (Liu Yin) "The demand for China's engineering machinery will be driven by China's policies and projects in the future. It is a real demand." Caterpillar global vice President, caterpillar (China) investment co., LTD. Chairman Chen Qihua said in Beijing on the 20th. He judged that China's construction machinery industry would enter a stable and sustainable stage of development. It will link more closely with projects and policies to help China's relevant industrial transformation and upgrading.

Caterpillar is a global leader in engineering machinery and mining equipment. On the 20th, China (Beijing) international engineering machinery, building materials machinery and mining machinery exhibition and technology exchange meeting opened in Beijing. Caterpillar has launched a new generation of hydraulic excavators and other products, and has launched a new set of smart technology and services.

It is reported that new products using smart technology will increase the construction efficiency by 45% and fuel economy by 15% to 20%. In addition, intelligent technology and services use advanced technologies such as data connectivity, monitoring and remote control, and big data analysis. It will help China's related industries to interconnect and enter into an era of efficient and green intelligent machines.

Chen said that China's national policy is an important factor in promoting the sales of engineering machinery. With the promotion of China's "One Belt And One Road" initiative, new rural construction, urbanization and other policy projects, there is still great potential for infrastructure needs. Judging from these real needs, the industry's prospects are optimistic. But at the same time, the challenge of raising raw material prices and environmental protection will also push the industry to develop new products that are more intelligent and environmentally friendly.

In recent years, Caterpillar has seized the opportunity point of China's "One Belt And One Road" initiative, which is deeply ploughed into the implementation of "One Belt And One Road" in individual countries. For example, the China-Pakistan economic corridor expressway, the Kenny Amonet railway, the North-South expressway in Algeria, the port of Ghana and the M5 highway in Belarus.

"China's 'One Belt And One Road' initiative has been supported by many countries and has brought great opportunities to participate and develop in the engineering machinery industry." "Whether it's in Africa, Asia or the Middle East, you need good products, good services, and a better understanding of local culture. Caterpillar can provide product support for it, which is a very good combination." Chen said.

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