Shandong aotesenli construction equipment Co., Ltd

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-XCMG becomes the only Chinese manufacturer that enters top 10

The 2016 Yellow Table Top 50 published recently by the prestigious magazine International Construction ranks XCMG NO. nine globally among construction equipment manufacturers. XCMG becomes the only Chinese manufacturer that enters top 10.

Under the impact of the decline in commodity prices, the deceleration in the development of the new economy and the downturn in the world鈥檚 economy, the total output value of the top 50 construction equipment manufacturers declined by 16.2% compared to last year, which was a record low since 2009. According to the report, Chinese manufacturers suffer the worst decline among the listed brands. This, to a great degree, could be explained by the deceleration of China鈥檚 economic growth. Among the Chinese brands, XCMG, being ranked 9th, is the only manufacturer that keeps its place in top 10.

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