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May 12, 2021 /CNW/ -- With an annual revenue of $15.1 billion, leading Chinese construction machinery manufacturer XCMG (SHE:000425) has moved up to a historic third place in the Yellow Table 2021 ranking of the world's top 50 construction equipment manufacturers released by British publisher KHL Group, the highest-ranking company among Chinese manufacturers. In 2020, the total revenue of Chinese companies recorded significant growth, contributing $191.5 billion to global OEM sales which accounted for more than 20 percent for the first time, with China overtaking the United States as the...

Photo: XCMG. With an annual revenue of $15.1 billion, Chinese construction machinery manufacturer XCMG has moved up to third place in the Yellow Table 2021 ranking of the world’s top 50 construction equipment manufacturers, released by British publisher, KHL Group. In 2020, the total revenue of Chinese companies recorded growth, contributing $191.5 billion to global OEM sales, which accounted for over 20 per cent for the first time, with China overtaking the U.S. as the number one construction equipment manufacturing power in the world. “Although China’s ‘super large-scale marke...

XCMG implements Intrinsic Safety Program April 27, 2021   Maryam Farag Photo: XCMG. XCMG has implemented an Intrinsic Safety Program as part of a three-year Intrinsic Safety Evergreen Enterprise Plan to improve internal safety of production management. “XCMG aims to establish a scientific, systematic, active, advanced and comprehensive accident prevention system that brings various hazardous and harmful factors under control. It’s our goal to achieve five zeros throughout all areas of operation, zero in employee violations, system blind spots, potential equipment...

SOURCE / ECONOMY By Global Times Published: Apr 22, 2021 08:43 PM Photo taken on Dec. 22, 2020 shows a thermal coal yard of Huanghua Port in Cangzhou City, north China's Hebei Province. Huanghua Port, one of the key ports for thermal coal transportation in China. (Xinhua/Wang Min) China aims to cut coal use to 56 percent of total energy consumption this year, down from 57 percent, while lifting electricity consumption to 28 percent from 27 percent, according to a government guideline released on Thursday. China is currently pushing for a clean and low-carbon energy transformation to honor ...

From:ChinaDaily   |  2021-04-21 09:00 Industrial activity perks up on renewed confidence of enterprises, says ministry Industrial production in China has returned to pre-COVID-19 levels amid efforts to revive economic activity and the renewed confidence of enterprises, the Ministry of Industry and Information Technology said on Tuesday. Huang Libin, a spokesman for the ministry, said that during the first three months of this year, the utilization rate of industrial capacity in the nation reached 77.2 percent, the highest for the same period since 2013. According to Huang, industrial out...