Recently, with the successful closing of the National People's Congress and the release of the government work report, the construction machinery industry has ushered in new development opportunities. The report emphasizes the integration of technological innovation and industrial innovation, accelerates the digital transformation of the manufacturing industry, and injects new momentum into the construction machinery industry. Industry experts point out that the prospects of the construction machinery market are optimistic, and technological innovation and internationalization strategy will become the two key elements for the development of the industry.

In terms of technological innovation, the construction machinery industry is accelerating its development towards high-end, intelligent, and green directions. With the deep integration and application of industrial Internet, 5G and other technologies, the intelligent level of construction machinery products is constantly improving, and innovative applications such as remote operation and maintenance, intelligent construction solutions, etc. are constantly emerging. At the same time, the green transformation is also accelerating, and environmentally friendly products such as electrification and hydrogen energy equipment are gradually becoming mainstream in the market.

In terms of internationalization strategy, Chinese construction machinery enterprises are actively expanding overseas markets and participating in global competition. With cost-effective products, a comprehensive service network, and strong manufacturing capabilities, Chinese brands are continuously enhancing their competitiveness in the international market. Especially in the countries along the "the Belt and Road", China's construction machinery enterprises have made remarkable achievements in market expansion and their export share has continued to grow.

According to statistics, the import and export trade volume of China's construction machinery in 2024 increased by 8.6% year-on-year, with the export amount growing by 8.9%. This trend will continue in 2025, and overseas markets will remain the core engine of industry growth. With the continuous economic growth and infrastructure construction in Southeast Asia, Africa, the Middle East and other regions, the export demand for Chinese construction machinery products will continue to expand.

In the domestic market, the promotion of new urbanization, regional coordinated development and other strategies will drive the growth of demand for all categories of construction machinery and equipment. Especially for projects such as filling gaps in county-level areas, urban renewal, flood control and drainage, and underground pipe gallery construction, they will directly stimulate the demand for traditional engineering machinery products such as earthmoving machinery and concrete equipment.

Looking ahead, the construction machinery industry will continue to maintain a stable growth trend, and the market size is expected to further expand. Enterprises need to increase investment in technology research and development, improve the level of product intelligence and greenization, and actively expand overseas markets to participate in global industrial chain division of labor and cooperation. The government should also continue to introduce relevant policies to support industry innovation and development, and promote the construction machinery industry to develop towards higher quality and higher level.