- According to customs data compiled by the China Construction Machinery Industry Association, my country's import and export trade volume of construction machinery in June 2024 was US$4.846 billion, a year-on-year increase of 5.35%. Among them, the import value was US$197 million, a year-on-year decrease of 13.7%; the export value was US$4.649 billion, a year-on-year increase of 6.35%.
- In the first half of 2024, my country's import and export trade volume of construction machinery was US$27.134 billion, a year-on-year increase of 3.13%. Among them, the import value was US$1.297 billion, a year-on-year decrease of 1.65%; the export value was US$25.837 billion, a year-on-year increase of 3.38%. Calculated in terms of export value in RMB, the export value in June was 33.031 billion yuan, a year-on-year increase of 8.27%; the export value in the first half of the year was 183.518 billion yuan, a year-on-year increase of 7.24%.
- Import and export of construction machinery in my country in the first quarter of 2024:
- The total import and export volume reached US$12.67 billion, and the import and export amount increased by 4.3% year-on-year. Among them, exports were US$12.01 billion, a year-on-year increase of 4.2%; imports were US$660 million, a year-on-year increase of 5.5%; and the trade surplus was US$11.35 billion, a year-on-year increase of 4.2%.
- In terms of export categories, the export of complete machines is better than the export of parts. In the first quarter, the cumulative export of complete machines was US$8.56 billion, a year-on-year increase of 6.3%, accounting for 71.3% of the total export volume; the export of parts was US$3.45 billion, a year-on-year decrease of 0.6%, accounting for 28.7%.
- In terms of export regions, exports to Asia, Latin America and Africa achieved positive growth; the sales scale of exports to European countries showed a year-on-year negative growth for the first time compared with last year; the year-on-year decline in sales to North America and Oceania further expanded. Exports to countries along the Belt and Road Initiative reached US$7.246 billion, up 9% year-on-year, accounting for 60.31% of the total exports, and continued to be the largest export market; sales to RCEP countries (10 ASEAN countries + Japan, South Korea, Australia, New Zealand) were US$2.827 billion, accounting for 23.53%, down 5.97% year-on-year.
- Among the main product export scales, the export value of industrial vehicles, lifting machinery, mixing and mixing, rock drilling and pile driving and tools increased by more than 20% year-on-year. Among them, the export value of industrial vehicles surpassed that of excavators for the first time, up 28% year-on-year, while the export value of excavators and road machinery showed negative growth year-on-year.
- In terms of trade export mode, general trade exports accounted for 70.7% of the total exports, becoming the largest trade mode; processing trade accounted for 20%; the proportion of foreign contracted engineering machinery exports continued to shrink, down to 1.8%.
- CPPCC members living in Hunan jointly proposed to promote the export of remanufacturing of construction machinery:
- On March 4 this year, Mao Wanchun and other CPPCC members living in Hunan jointly submitted a proposal to the Second Session of the 14th CPPCC National Committee on "Promoting the export of remanufacturing of construction machinery and accelerating the cultivation of new foreign trade momentum".
- The proposal pointed out that as an important part of my country's manufacturing industry, construction machinery has broad prospects in the remanufacturing market. Affected by the epidemic and domestic and foreign market factors, the number of second-hand equipment in China has exceeded 10 million sets, with a market value of about 600 billion yuan, while Africa, Southeast Asia, South America and other places have strong demand for second-hand Chinese construction machinery. Promoting the export of remanufacturing of construction machinery is of great significance to promoting the healthy development of China's construction machinery remanufacturing industry and cultivating new foreign trade momentum.
- The proposal suggests that the finance department clarify that the value-added tax collection and management policy for non-road second-hand equipment shall be referred to the second-hand car dealership, and the collection rate shall be reduced from 3% to 0.5%; the tax department shall allow the Changsha area of the free trade zone to conduct a trial first, referring to the reverse invoicing policy for second-hand cars; the market supervision department shall add relevant items of "construction machinery evaluation and appraisal" in the "Catalogue of Standardized Expressions for Business Scope Registration (Trial)"; the Ministry of Industry and Information Technology shall take the lead in issuing new remanufacturing, maintenance and remanufacturing standards, and establish a recycling and evaluation system for second-hand construction machinery and a full-chain traceability mechanism.
