"Chinese enterprises in a number of hydraulic components, gear, bearings are still missing a key technology gap with international companies." Recently, Sun Jianzhong, vice president of Xugong talk about foreign monopolies in China's construction machinery,cast bronze says the case of high-end components.
Separate ways foreign companies in this round of construction machinery industry in the great development not only received a higher income, but the future will continue to expand production capacity in China. In this regard, bronze bushing analysts expressed concern.
In 2009, the production of transmissions, hydraulic systems Bosch Rexroth its global sales of 41 billion euros,dry bushing while China accounted for about 10%. As a manufacturer of fluid control valves, said sales in China accounted for about 5% of global revenues in 2010 of 6 billion U.S. dollars, and look forward to 3 to 5 years to 10 billion U.S. dollars. "
Assistant to the President Zhou Xijiang Xiagong told the shares, foreign auto parts enterprises in China in recent years not only made money, but also help the many foreign construction machinery assembly company received a good income. In addition, individual foreign companies monopolized the supporting parts market,plain bearing they also made a number of requirements, such as requiring companies to give you the Chinese engineering machinery completed one year advance payment, Mould guide plate delivery time may need to reach more than 1 year, etc., which are scored for foreign assembly plants for more market share in China has created a favorable environment.
Golden State Securities analyst Yu Aibin believes that the expansion of overseas parts manufacturers and investment,sleeve bushing good news for both the Chinese automobile companies, there are also negative effects. "After expansion, the domestic market,DU bushing an adequate supply of spare parts, and manufacturing costs may also decrease the overall manufacturing costs of construction machinery is expected to decline. plasic bushing However, this information but will make the investment in spare parts on a standstill. bushing If the foreign giants join forces manipulation of parts supply,brass bushing then the construction machinery industry is a crisis. Therefore, Chinese companies still have a greater in parts break right. "