Crane Industry Analysis of China

           During the “ Eleventh Fiveyear Plan”, average annual growth rate  of total industrial output, sales avenue, and total profit will be more than 15% in the crane transportation mechanical products. The total industrial output value of the industry will reach 267 billion yuan, and sales avenue will achieve 256 billion yuan, and total profit will get to 14.8 billion yuan. The total export value is about 6.5 billion yuan, average annual growth of 11%. However, increase of domestic market will see a slightly and progressively decreasing trend. The main reason is that domestic market opening substantially raises, but industrial export is restricted by some barriers like the technology of the developed countries, etc. On the other hand, domestic market vigorously demands high-quality and advanced cranes, but technological competitive ability of China’s cranes needs to be improved.

      With the rapid development of our national economy, crane transportation machinery manufacturing has achieved great progress. In the period of the“ Tenth Five-year Plan”, average annually grows by over 30%. During the period of the “ Eleventh Five-year Plan”, can the trend still be kept? Which lifting equipment is prioritized? How does improve competitive ability?（）