Hook group manufacturers answer your questions about the development prospects of the crane industry
Although the overall sales of my country's four categories of mobile crane market have declined compared with last month, compared with the same period last year, the entire crane market is still at a high level, and the market production and sales rate remains at a high level. With the recovery and recovery of my country's economy, the crane market has gradually stabilized after rising in recent months.
In terms of inventory turnover days, in October last year, the market demand in my country's crane market declined due to the characteristics of cranes themselves and the impact of seasonality, but the sales capacity of enterprises and the market's ability to digest inventory are still relatively strong. Compared with the financial crisis just broke out in the same period last year, crane companies did not significantly reduce their production capacity this month, leaving production still at a high level, which is also the reason for the increase in inventory turnover days.
The development characteristics of the crane market this month's "high output and high inventory" are in line with the market development characteristics of this obviously good economic situation. Weihua Group Co., Ltd. believes that this trend is expected to continue in the future, especially with the arrival of the end of the year, the crane inventory will continue to grow, and the inventory turnover days will further increase, but this does not affect the good development trend of the entire crane market and the relatively strong market demand.
From the future development of the crane market. In October, from the perspective of the growth space of government investment in my country, my country's central government's fiscal investment has only allocated 280 billion yuan, and there is still 200 billion yuan that has not been allocated, and there is still room for government investment growth.
In addition, in October, the growth of newly started projects in my country was still at a high level, laying the foundation for the future investment to maintain rapid growth. The acceleration of private investment represented by real estate investment will further drive investment growth.
In terms of the macro environment, my country's economic development is still in a critical period of stabilization and recovery. The package of economic stimulus plans issued by my country are gradually achieving results, and the economic growth rate is showing a 'V' reversal. Weihua Group believes that this will play a significant role in promoting the growth of the crane market in the future. Therefore, it can be expected that my country's crane market will continue to develop steadily in the next few months.
Although the overall sales of my country's four categories of mobile crane market have declined compared with last month, compared with the same period last year, the entire crane market is still at a high level, and the market production and sales rate remains at a high level. With the recovery and recovery of my country's economy, the crane market has gradually stabilized after rising in recent months.
In terms of inventory turnover days, in October last year, the market demand in my country's crane market declined due to the characteristics of cranes themselves and the impact of seasonality, but the sales capacity of enterprises and the market's ability to digest inventory are still relatively strong. Compared with the financial crisis just broke out in the same period last year, crane companies did not significantly reduce their production capacity this month, leaving production still at a high level, which is also the reason for the increase in inventory turnover days.
The development characteristics of the crane market this month's "high output and high inventory" are in line with the market development characteristics of this obviously good economic situation. Weihua Group Co., Ltd. believes that this trend is expected to continue in the future, especially with the arrival of the end of the year, the crane inventory will continue to grow, and the inventory turnover days will further increase, but this does not affect the good development trend of the entire crane market and the relatively strong market demand.
From the future development of the crane market. In October, from the perspective of the growth space of government investment in my country, my country's central government's fiscal investment has only allocated 280 billion yuan, and there is still 200 billion yuan that has not been allocated, and there is still room for government investment growth.
In addition, in October, the growth of newly started projects in my country was still at a high level, laying the foundation for the future investment to maintain rapid growth. The acceleration of private investment represented by real estate investment will further drive investment growth.
In terms of the macro environment, my country's economic development is still in a critical period of stabilization and recovery. The package of economic stimulus plans issued by my country are gradually achieving results, and the economic growth rate is showing a 'V' reversal. Weihua Group believes that this will play a significant role in promoting the growth of the crane market in the future. Therefore, it can be expected that my country's crane market will continue to develop steadily in the next few months.
Although the overall sales of my country's four categories of mobile crane market have declined compared with last month, compared with the same period last year, the entire crane market is still at a high level, and the market production and sales rate remains at a high level. With the recovery and recovery of my country's economy, the crane market has gradually stabilized after rising in recent months.
In terms of inventory turnover days, in October last year, the market demand in my country's crane market declined due to the characteristics of cranes themselves and the impact of seasonality, but the sales capacity of enterprises and the market's ability to digest inventory are still relatively strong. Compared with the financial crisis just broke out in the same period last year, crane companies did not significantly reduce their production capacity this month, leaving production still at a high level, which is also the reason for the increase in inventory turnover days.
The development characteristics of the crane market this month's "high output and high inventory" are in line with the market development characteristics of this obviously good economic situation. Weihua Group Co., Ltd. believes that this trend is expected to continue in the future, especially with the arrival of the end of the year, the crane inventory will continue to grow, and the inventory turnover days will further increase, but this does not affect the good development trend of the entire crane market and the relatively strong market demand.
From the future development of the crane market. In October, from the perspective of the growth space of government investment in my country, my country's central government's fiscal investment has only allocated 280 billion yuan, and there is still 200 billion yuan that has not been allocated, and there is still room for government investment growth.
In addition, in October, the growth of newly started projects in my country was still at a high level, laying the foundation for the future investment to maintain rapid growth. The acceleration of private investment represented by real estate investment will further drive investment growth.
In terms of the macro environment, my country's economic development is still in a critical period of stabilization and recovery. The package of economic stimulus plans issued by my country are gradually achieving results, and the economic growth rate is showing a 'V' reversal. Weihua Group believes that this will play a significant role in promoting the growth of the crane market in the future. Therefore, it can be expected that my country's crane market will continue to develop steadily in the next few months.
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