Overseas high-speed rail construction boom construction machinery export market

As a low-carbon, environmentally-friendly, and green means of transportation, high-speed rail has attracted more and more attention from all countries in the world. It has become the trend and universal consensus of railway development in the world. According to the statistics of the International Railway Federation, there are now more than 10 countries except our country. High-speed railways are under construction. The scale of construction is more than 6,000 kilometers. There are more than 20 countries that have compiled systematic high-speed railway development plans, and the planned total mileage exceeds 20,000 kilometers. At present, many countries have signed bilateral cooperation documents with China’s railways, and the Ministry of Railways has established 16 overseas cooperation coordination groups to organize domestic companies to open overseas markets and achieved important results. The Saudi Mecca Hajj railway has been completed and opened to traffic as scheduled on November 13 last year. The Venezuela Midwest Railway is progressing smoothly. Railway projects in countries such as Turkey, Laos, and Myanmar have carried out research, preliminary surveys and design work. We have The United States, Brazil, Russia, Belarus, UAE, Thailand, and Cambodia have signed cooperation intentions. On the 12th, Gao Hucheng, Vice Minister of Commerce of the People's Republic of China accompanying Vice Premier Li Keqiang’s visit to the UK, stated at a media briefing that during the talks between Vice Premier Li Keqiang and Prime Minister Cameron, Cameron proposed to be in the UK’s infrastructure sector, including high-speed Cooperation in the construction of the railway. China's high-speed rail construction once again goes to the world.

In a short span of several years, China’s high-speed rail has achieved a major leap from the chaser to the leader. It has obtained a series of technological innovation achievements, enriched and developed the theory and practice of high-speed railways, and improved the development level of the world’s high-speed railways. A new stage has been reached. China's high-speed railway has achieved great success, which has attracted special attention from all countries in the world and produced a strong demonstration effect. As we all know, the construction of high-speed rail has a great pulling effect on the construction machinery industry, involving many types of machinery in the construction machinery industry, such as earth-moving machinery, lifting machinery, and piling machinery. This series of project construction will directly lead to the export market of construction machinery.

At present, due to the financial crisis, the market demand for construction machinery in Europe and the United States has not yet been restored. The construction of foreign high-speed rail projects will undoubtedly bring benefits to the export of construction machinery. The next 10 to 20 years will be the "golden period" for the global high-speed rail development. China's high-speed rail technology has become the world leader in high-speed rail and has the conditions to accelerate "going out". Therefore, the construction machinery industry should also seize this opportunity to open up overseas markets.