久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Industries

Machinery makers eye opportunities further afield

By Wang Chao and Huo Yan (China Daily) Updated: 2012-12-25 10:00

Due to sluggish domestic demand, Chinese manufacturers are targeting African markets for profits, report Wang Chao and Huo Yan in Liuzhou, Guangxi

Going overseas is no longer as easy as loading products on a ship and selling them quickly in the Middle East or Africa.

As tax barriers increase and profit margins get slimmer, Chinese manufacturers have to try other approaches to explore overseas markets, including building "complete knock-down" plants, where machinery is delivered in parts and assembled locally, and procuring materials locally.

Machinery makers eye opportunities further afield

Liugong Machinery Co has listed Africa as one of its "second home markets", along with Southeast Asia, Russia and Central Asia. Provided to China Daily  

Africa has become an increasingly important investment destination for Chinese machinery and auto companies. Liugong Machinery Co, based in Liuzhou in the Guangxi Zhuang autonomous region in South China, has listed Africa as one of its "second home markets", along with Southeast Asia, Russia and Central Asia.

Qin Yong, deputy general manager of international business at Liugong Machinery, said the most popular models in these markets are loading machines and excavators.

South Africa is the "superstar" in the African market. During the first three quarters of 2012, the company sold 830 units in South Africa and gained revenue of 390 million yuan ($62 million), up 117 percent year-on-year. The company is represented in most African countries with around 30 dealerships.

The unprecedented attention to overseas markets is partly results from the sluggish domestic market in the past two years.

Wang Xiaohua, president of Liugong, said the market has changed since 2011.

"The past 10 years have been golden ones for the Chinese market, but over the next decade, it will slow down and see modest growth," he said.

Liugong's financial report shows revenue in the third quarter of 2012 fell 27 percent year-on-year to 2.57 billion yuan ($407 million).

Domestic truck sales are also stalling sharply. Major commercial vehicle manufacturer Dongfeng Liuzhou Motor Co estimates its truck sales will drop 50 percent from 60,000 last year to 30,000 in 2012 due to shrinking demand.

Huang Ziqiang, deputy general manager of Liuzhou Motor, said the greener pastures are overseas and the domestic truck market is almost saturated. The company has exported trucks to Southeast Asia, Africa and South America.

 

Special Coverage

Machinery makers eye opportunities further afield

 

 

 

 

 

Related Stories

China's machinery industry to maintain slow growth

Tough times for construction machinery firms

China's slowing growth hits machinery industry

Liugong plans plant in Cambodia

 

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美日韩 国产区 在线观看 | 一区二区三区高清视频在线观看 | 成年女人永久免费观看片 | 伊人青| 久久综合狠狠综合久久综合88 | 亚洲精品一区二区三区美女 | 91久久精一区二区三区大全 | 欧美一级艳片视频免费观看 | 男人的天堂视频在线 | 成人免费毛片一区二区三区 | 欧美一区二区日韩一区二区 | 免费看三级毛片 | 欧美成人高清手机在线视频 | 国产一区二区三区毛片 | 97操碰 | 色一级片 | 国内国外精品一区二区 | 亚洲欧美成人综合 | 一区二区三区免费视频网站 | 久久er热在这里只有精品85 | 亚洲在线偷拍自拍 | 久久99精品久久久久久久野外 | 一级特黄特色的免费大片视频 | 特级毛片a级毛免费播放 | 亚洲一级在线观看 | 99爱在线视频这里只有精品 | 美国一级毛片免费看 | 欧美午夜精品久久久久免费视 | 黄色作爱 | 午夜免费成人 | 免费观看成人久久网免费观看 | 在线看国产 | 日本免费一区二区三区看片 | 国产精品美女一级在线观看 | 久香草视频在线观看免费 | 精品三级国产一区二区三区四区 | 91精品观看91久久久久久 | 久草福利社| 成人在线不卡 | 精品手机在线 | 免费观看一级成人毛片 |