Bullish outlook for bauma China

Infrastructure expansion is the key to China’s continued economic development, according to the organisers of the upcoming bauma China 2012 event to be held in Shanghai. The bauma China 2012 show will take place from November 27 to 30, 2012 in Shanghai. Over 2,000 exhibitors are expected to take part in this “International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment”. And – for the first time – the event will be taking up the entire site at the Shan
March 21, 2012
RSSInfrastructure expansion is the key to China’s continued economic development, according to the organisers of the upcoming 5930 Bauma China 2012 event to be held in Shanghai. The bauma China 2012 show will take place from November 27 to 30, 2012 in Shanghai. Over 2,000 exhibitors are expected to take part in this “International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment”. And – for the first time – the event will be taking up the entire site at the 1168 Shanghai New International Expo Center (SNIEC), an area totaling 300,000m2 of exhibition space. The show will need all of this space, because the Asian construction machinery markets will again be putting in a very strong showing at the fair.

Corinne Abele, a representative of Germany Trade & Invest in Beijing pointed out that China’s infrastructure market continues to grow, particularly with landmark projects such as the Hong Kong-Zhuhai-Macao Bridge, which highlights technological expertise in the Chinese construction, and the integration in the region. Abele added that China is continuing to invest in its infrastructure as a way of boosting the economic development of weaker regions in Central and Western China. The goals set for the period of the Twelfth Five-Year Plan are ambitious: the highway network which at the end of 2010 extended to 74,100km, is to be expanded to 83,000km. Abele also said that there are opportunities in the construction equipment sector, even though competition from Chinese firms is growing constantly. Around 20% of all construction machines worldwide are now produced in China. Any international company wanting to serve the Chinese market has to have a least one service centre in the country. And those who want to be competitive in the standard segment have to have a manufacturing operation in the country. Special machinery though such as tunnel boring equipment is not produced in China and is still being imported.
For more information on companies in this article
catfish1