The five major areas of equipment manufacturing, such as the reorganization and integration of central enterprises, will be staged.

As an important backbone and backbone of the national economy, the news about the reorganization and integration of central enterprises has always attracted much attention. The executive meeting of the State Council held on September 27 proposed that, on the basis of voluntary and consensus-building by enterprises, in accordance with the principle of “Mature one household and promote one household”, we should steadily promote state-owned enterprises in the fields of equipment manufacturing, coal, electricity, communications, and chemical engineering. Reorganize and integrate to improve the efficiency of resource allocation and enhance competitiveness.

Wang Jun, the chief economist of Zhongyuan Bank, said in an interview with the “Securities Daily” reporter yesterday that the above-mentioned five major areas were the focus of the next phase of central government restructuring and integration, mainly because of the existing central enterprises and world-class multinational companies in these fields. There are still relatively large gaps and no obvious competitive advantages. The outstanding performances are as follows: First, the degree of internationalization is low, and the ability to integrate resources on a global scale is not strong; second, weak technical innovation capabilities and lack of international discourse rights. In the international market, the pricing power; Third, in the international division of labor and the global industrial chain at the low end, corporate influence and global industry status yet to be improved; Fourth, the serious lack of internationally renowned brands; Fifth, the lower level of business management, lack of internal vitality , The overall competitiveness is weak.

“From the perspective of management, the fundamental purpose of promoting the restructuring of central enterprises is to be able to become bigger and stronger and to optimize state-owned enterprises, and constantly enhance the vitality, control, influence, and risk resistance of the state-owned economy so that it can actively adapt to and lead the economy. To develop the new normal, from the point of view of the enterprise itself, we hope to cultivate and create multinational enterprise groups that are in line with international rules and operate effectively through strong and weak alliances, and cultivate and build a national and global perspective. Overseas development, transnational operations, multinational enterprise groups with international competitiveness and brand influence; nurturing and building multinational enterprise groups with leading technologies, well-known brands, and leading industrial upgrading.” Wang Jun believes.

"Securities Daily" reporter learned from the SASAC that since the party's 18th National Congress, the success of the 18 groups of 34 companies has been completed, the results can be described as very significant. In 2016, the total profit of the restructured enterprises increased by more than 40% from 2012. In terms of personnel streamlining and corporate management costs, as of August 2017, the central government reduced a total of 6,395 legal entities, reduced labor costs by 27.4 billion yuan in total, and reduced management expenses by 10.6 billion yuan, which also improved operating efficiency while reducing cost and expenses. .

At the same time, China Aviation Development Corporation was newly established. In addition, three telecommunications companies set up the Tower Company, China Aerospace Materials and the three largest airlines to establish a platform for safeguarding and sharing aviation materials. The relevant coal companies have established a coal enterprise asset management platform for central enterprises, which has effectively promoted the concentration of resources to competitive enterprises and concentration of major businesses.

According to Bai Yingzi, Director of the SASAC Reform Bureau, the next step will be to continue to concentrate resources on the main business enterprises and advantageous enterprises, strengthen and refine the main businesses of the central enterprises, and cultivate a group of core competitiveness, high resource allocation efficiency, and industrial advantages through restructuring. Obvious leading companies play a key role in revitalizing the real economy.

In addition, the efficiency of the allocation of state-owned assets after reorganization has also increased significantly. It is understood that since the establishment of the Tower Company, the sharing level of new steel towers has been increased from 20% to 70%. In the past two years, it has reduced the construction of 501,000 duplicate towers, saved construction investment of 88 billion yuan, and saved 23,000 acres of land. China COSCO Shipping has comprehensively promoted the coordination of container business and completed the integration of domestic networks, overseas networks, organizations, operating systems, and air routes. In 2016, it achieved an increase of approximately 4.7 billion yuan.

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         On September 20, at the 2017 China (Beijing) International Construction Machinery Exhibition, Caterpillar's global debut of the new generation of hydraulic excavators attracted the attention of many viewers. On the same day, Caterpillar introduced six smart products and solutions at one go, which became a major highlight of the show.

        This exhibition is the first international large-scale exhibition since the global construction machinery industry recovered. In addition to Caterpillar, more than 1,000 R&D, manufacturing and service organizations from the construction machinery industry including Sany Group, Zoomlion, and XCMG exhibited. Behind the booming popularity is the recovery of the construction machinery industry after a five-year “winter period”.

        According to data from the China Construction Machinery Industry Association, in August this year, major excavator manufacturers sold about 8,700 excavators of various types, and the growth rate remained at 100% for five consecutive months.

        “Despite the depth of adjustments in the past five years, China remains the world’s most important market for construction machinery and remains the largest market for global development.” Qi Jun, president of the China Construction Machinery Industry Association, said at the conference that the world’s mainstream construction machinery is currently Manufacturers have already started business in China, and many have also achieved in-depth localization. Chinese companies have also expanded their product reach from traditional emerging markets to European and American developed countries and regions.

        According to Chen Qihua, Caterpillar’s global vice president and chairman of Caterpillar (China) Investment Company, apart from the cyclical factors, the main factors driving the growth of the construction machinery industry are the national infrastructure construction projects, real estate development, and urbanization. The construction of “One Belt and One Road” and the acceleration of PPP projects have been driven. However, Chen Qihua also said that the current growth characteristics of the market are very different from those of five years ago. The construction machinery industry has entered a new era characterized by smart machines and intelligent services.

        This judgment was approved by Wang Min, chairman of XCMG. He said that in the past five years, the construction machinery industry in China has not taken a step, but has accelerated its layout in the Internet of Things, industrial clouds and smart manufacturing. At this exhibition, XCMG's new products are full of newly developed intelligent products.

        How long can the growth momentum of the construction machinery market be maintained? Chen Qihua said that from next year, the construction machinery industry is expected to enter a sustained and stable stage. In the next two to three years, the construction machinery industry will maintain a relatively stable and stable growth.

        This view also represents the views of many exhibitors. In particular, as China’s economy has stabilized and become more favorable, the confidence of the majority of companies has further increased.

        At present, the field of construction machinery in China is a fully open and free-competing market, and the speed of the survival of the fittest in the industry has accelerated. A person in charge of a construction machinery company in Fujian indicated that with the continuous improvement of national environmental protection requirements, industry emission standards will be put on the agenda before and after 2019.