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Four Chinese crane companies enter the world's top ten, with XCMG ranking in the top three
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Release Date:
2010-11-02 12:00
The list of the world's top 10 crane companies was announced in Beijing on the 27th, with 4 Chinese companies making the list.
XCMG Group, the largest construction machinery company in the country, ranked in the top three, while Zoomlion, Sany Group, and Fuwah Heavy Industry ranked fifth, seventh, and tenth respectively.
With the continuous rapid growth of China's economy in recent years, it has greatly driven the development of infrastructure, energy, chemical, and other construction sectors. Driven by this, the crane industry, one of China's key equipment sectors, has entered a higher and faster development track. With strong support from the State Council's policies on revitalizing the equipment manufacturing industry, Chinese crane companies have continuously reached new heights in product technology systems, levels of independence, innovation capabilities, and the scale of independent intellectual property rights. The core competitiveness and international competitiveness of these companies have been increasingly enhanced. In areas long dominated by foreign products, such as large-scale wind power and nuclear power ultra-large equipment hoisting, Chinese crane products have gone from nothing to holding an increasing market share thanks to continuously improving quality, excellent performance, and high-quality service. In many niche fields and markets, the market share, influence, and technical level of Chinese crane products are already among the world's best.
Recently, Chinese companies represented by XCMG Group have successively launched world-class products such as 500-ton, 800-ton, and 1,000-ton all-terrain cranes, as well as 1,000-ton and 2,000-ton crawler cranes. Additionally, among the world's top ten crane companies, Chinese enterprises rank at the forefront in both sustained growth capacity and profit indicators.