China excavator sales surge 39 pct in 2020
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China's excavator producers reported robust sales last year, foreshadowing a construction boom in the world's second-largest economy.

China's 25 leading excavator makers sold a total of 327,605 excavators in 2020, up 39 percent year on year, according to the China Construction Machinery Association.

In breakdown, 292,864 excavators were sold in the domestic market, surging 40.1 percent year on year, while exports of the equipment rose 30.5 percent to 34,741.

Last month alone, domestic excavator sales surged 58.5 percent from a year ago to 27,319, while export sales hit 4,211, up 44.4 percent year on year.

Source: Xinhua

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