Enhance the stability of excavator market to benefit the global economic recover

In November, as China's economic development and further enhance the stability of the international financial crisis on China's economic development fundamental to eliminate the abnormal fluctuations, as well as large-scale construction projects continue to advance, my Excavator Market With China's economy started by the recovery under the policy of stimulating growth to faster growth and stability under normal shift. Although the month excavator sales fell slightly last month, but still higher than the same period last year showing substantial growth, market stability was enhanced.
    On the export side, with the United States and other countries in the world economic recovery, China's excavator market showed a recovery of export growth, export sales last month showed a big increase, but still greater decline compared to last year. It should be said at present China's excavator export market despite some recovery, but since the one hand, the complexity of the international economic recovery, uncertainty, on the other hand is against international trade protectionism, China's exports rise significantly influences. I believe that the level of exports is still low in China excavator, exports are still relatively high uncertainty.
    In November, the index of China's macroeconomic show that China's future existence of inflation expectations, which will increase for some time excavator manufacturers of raw materials and other production costs expected to rise. Continue to decline this month to narrow down the prices of industrial products, coupled with loose monetary conditions, inflation is expected to grow daily.
    On the future trend in the second half of the overall level of the yuan of new loans decreased, appears in the second half of the government investment was less than half the number of items, I think it shows with the recovery of our economy, the state policy of stimulating investment relatively weakened, transmitted to the excavator market, will result in the first half of 2010, excavators in China market by the state policy to promote the role of irritant will be weakened. However, RMB 2009, a huge new loans in the overall investment will support the future to maintain a high level of excavator market.

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