T50 Summit of World Construction Machinery Industry (September 19, 2017)
On September 19, 2017, T50 Summit of World Construction Machinery Industry focusing on “New Changes, New Positioning and New Future” kicked off in Beijing. In recent years, China has maintained its commitment to adjusting industry mix and production capacity in the construction machinery industry, implementing the “Made in China 2025” strategy, and pursuing innovation-driven and green development featuring energy conservation, emission reduction, high product quality and good benefits. Thanks to these efforts, China has witnessed rapid increase in core competitiveness of its construction machinery industry, and a series of large-size and high-end earthmoving equipment of world caliber, the most important and valuable segment in the industry.
The summit unveiled “Global Top 50 Manufacturers of Construction Machinery 2017”. XCMG ranked the 7th place, becoming the only Chinese enterprise rated among top 10 for several consecutive years. XCMG, a global manufacturer of construction machinery with the longest product line and the broadest product range, has come top three and even the first in the world in many areas.