When Sany Group signed a $100 million procurement agreement with United Contractors International, the focus of their discussions was not on traditional equipment but on cooperation in new energy products. This detail reflects a profound transformation taking place in the overseas expansion of China's construction machinery industry.
According to data released by the China Construction Machinery Association, in the first two months of this year, the export value of China's construction machinery products reached 10.686 billion US dollars, up 33.4% year-on-year. Behind the figures, it is not only a quantitative increase but also a qualitative leap - Chinese enterprises are shifting from merely exporting products to a new stage of technology output, localized production and full-chain operation.
This judgment is corroborated by the company's layout. The first phase of Zoomlion's intelligent high-end machinery factory in Hungary recently officially opened, marking the company's accelerated integration into the global industrial ecosystem through the "1+N" manufacturing and service model. This is not an isolated case. LiuGong Machinery disclosed on the investor interaction platform that by the end of 2025, the company has established a global marketing and service network, with over 500 dealers and more than 1,300 service points, and the proportion of international business has exceeded 45%.
From "selling out" to "taking root", behind this lies a systematic improvement in the company's operational capabilities. Since 2024, Shantui has established an application engineering department, dispatching overseas specialists to conduct localized research and development and services based on the characteristics of various overseas markets. This market-oriented organizational structure enables the company to precisely respond to the differentiated demands of different regions.
Deeper changes are reflected in the cooperation model. When Sany Group signed a procurement agreement with CCC Group, the two sides had in-depth exchanges of views on issues such as global market layout and business synergy development. This indicates that Chinese construction machinery enterprises are transforming from mere equipment suppliers to strategic partners.
Zhu Keli, the founding director of the Institute of New Economy of the State Council Research Office, pointed out in an interview that leading enterprises' "going global" through diversified paths reflects the comprehensive strength of China's equipment manufacturing. Against the backdrop of rising global demand for green and intelligent equipment, enterprises are accelerating their global layout by leveraging their technological and supply chain advantages, and are expected to continue to expand their overseas market space.
The data validates the market returns of this capability leap. The export volume exceeding 10 billion US dollars in the first two months and the 5.1 billion US dollars in February alone both indicate that the recognition of Chinese construction machinery in overseas markets is on the rise. Eddy Precision Machinery Co., Ltd. stated on the investor interaction platform that the current construction machinery industry shows clear signs of bottoming out and recovery. Since the beginning of this year, the company has had a sufficient number of orders in hand.
From product export to capability export, and from single trade to ecological co-construction, the overseas story of China's construction machinery is turning a new page.
