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State of the Industry

- OHV Industry Sales in Decline
- Ecological Policies to Compound
Pressure
- Many Smaller Companies Uncertain
About the Future

Exclusive Interviews

Clarence Lim

Rental & Used Equipment Manager, Caterpillar China

Currently the Rental & Used Equipment Manager for Caterpillar China. Clarence Lim has worked with Caterpillar for over 15 years. He also has extensive experience working in market and businesses development roles in the construction vehicle industries in Singapore and Myanmar.

Perhaps unusually for his current role, Clarence has a BA in Chinese Studies from the National University of Singapore and is actively involved in the arts.

Breaking News

Komatsu’s Sales in China Sinking Faster than Expected
July 3, 2014
Statistics show that global crude steel production rose at an annual 2.2% in May as output in China hit record highs while American and European mills increased production, placing increasing pressure on prices around the world.

The 10th Working Group Meeting of Earthmoving Machinery International Standard Working Group Held in China
July 02, 2014
The 10th Working Group Meeting of Earthmoving Machinery International Standard Working Group was successfully held in Hangzhou by National Technical Committee on Earthmoving Machinery of Standardization Administration of China and Tianjin Research Institute of Construction Machinery. 37 experts and representatives from China, the United States, UK and other countries attended the meeting.

What Caterpillar's Sales Figures Tell You About Its Stock
July 2, 2014
Caterpillar’s sales present a mixed image: North American construction activity appears to be strengthening while China’s activity appears to be slowing down drastically.

LiuGong Named One of Top 50 Best Performing Companies in China
June 30, 2014
Global Entrepreneur, a business and financial media outlet in China, has named LiuGong one of the ‘Top 50 Best Performing Companies in China’ along with household names such as Caterpillar, Sandvik, Toyota and Huawei.

China Machinery Mining: Lower Estimates on Prolonged Weakness; SANYI Down to Neutral
June 10, 2014
Sina analysts have lowered their forecasts for the Chinese mining machinery industry based on weakness in the coal sector which will be compounded by recent taxes as well as margin compression due to potential ASP erosion and higher operating leverage.

Caterpillar (Qingzhou) Large Pavement Construction Machinery Product Exhibition was Held in Xuzhou
June 03, 2014
350 were in attendance as Caterpillar held their Large Pavement Construction Machinery Product Exhibition in Xuzhou. The atmosphere is said to have been animated and energetic.

Policy Update

The Four Criteria of Diesel Vehicles to be Enforced

July 7, 2014
The General Office of the State Council has recently declared an action plan named ‘Development Action Plan of Energy Saving and Emission Reduction and Low-Carbon in 2014-2015’ (hereinafter referred to as the plan). In order to reduce emission of motor vehicles, the plan shows that standard diesel fuel for the quarter would be supplied to the entire country before the end of 2014, and the key cities in Beijing-Tianjin-Hebei, Yangtze River Delta and Pearl River delta would be supplied with standard gasoline and diesel by 2015.

MEP Promulgates Four New Emission Standards of Air Pollutants from Boiler, Non-Ferrous Metal Industry, Municipal Solid Waste Incineration, and Non-Road Mobile Machinery

May 30, 2014
The Ministry of Environmental Protection (MEP) outlines new emission standards including those for “Limits and measurement methods for exhaust pollutants from diesel engines of non-road mobile machinery”.

3 New Standards Relating to Cranes to be Put in Place Next July

February 27, 2014
The Ministry of Industry and Information Technology announced 3 new standards relating to cranes at the end of 2013 which are to take effect July 1st, 2014. These included “JB/T4030.1-2013: the test of operation reliability”, “JB/T4030.2-2013: the test of travelling reliability” and “JB/T4030.3-2013: the hydraulic system test”

If you have any questions or comments, please contact Editor Samuel Elliott at +86 21 5580 0330 x. 8109 or Samuel.elliott@duxes.cn.


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