Bauma China review9 January 2009
Despite the current credit crunch, Bauma China organisers report that visitors, exhibition space and numbers of exhibitors at Shanghai’s Bauma China show were all up 40% compared with two years ago to 113,000. The show organisers reported 17,000 came from outside China, primarily India, Russia and Japan.
The first day, Tuesday, was probably the busiest we have ever seen at a trade show; at one point, four men were queuing up for every urinal in one mens’ room. But perhaps to compensate, the rest of the show week was comparatively much quieter, to an almost sleepy Friday.
The largest exhibitor stand to include cranes was that of Sany, and at a press conference Sany's Wenbo Xiang said that the company expects total sales revenue of more than CNY20bn (USD2.93bn) in 2008. Large Chinese rivals XCMG and Zoomlion also had large, and large numbers, of cranes.
According to the China Construction Machinery Association, sales of Chinese construction equipment will top CNY250bn in 2008. Total international trade in 2008 is expected to reach CNY20bn, CNY6bn imports (up 2.5 times the value of trade in 2002) and CNY14bn exports (up 8 times 2002's figures).