Since the beginning of this year, China's infrastructure investment has accelerated and become an important support for economic growth. On June 29, CCTV's "News 30 Minutes" broadcast a special report on "Leading Indicators See Trends", focusing on China's infrastructure popularity through the Sany Excavator Index.
Infrastructure heat in the excavator index
On the root cloud platform of MIIT's "cross-industry and cross-domain industrial Internet platform", 67.15%, the construction machinery operating rate in May this year, is also the most important indicator in the excavator index. From March to May, despite the impact of the epidemic, the indicator remained stable and rose slightly.
Excavator index analyst Wang Jinxia: Due to the improvement of epidemic prevention and control situation, including the intensive introduction of investment policies in some countries, the construction machinery operating rate data continues to rise, reflecting the continuous recovery of large-scale construction projects and the continuous release of demand.
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