Machinery / Industrial Parts & Tools

According to Huacheng Import and Export Data Observation, on March 10th, 216 second-hand construction machinery equipment with a total value of 317 million yuan (RMB, the same below) were concentrated in Changsha and will be exported to dozens of countries and regions in Southeast Asia, Africa, Central Asia, the Middle East, Latin America, Europe and the United States.

This batch of equipment comes from companies such as Sany Group, Zoomlion Heavy Industries, Shanhe Intelligent, and Railway Construction Heavy Industries, covering 12 categories such as rotary drilling rigs, excavators, and pump trucks. Huacheng Import and Export Data Observation Report.

As the "capital of construction machinery" in the world, Changsha is making efforts towards the post market of construction machinery, and has taken the export reform of second-hand equipment for construction machinery as a key institutional innovation topic in the Changsha area of the Free Trade Zone.

According to Huacheng Import and Export Data Observation, the performance of refurbished second-hand construction machinery reaches 70% to 90% of that of new machines, while the price is only 30% to 40% of that of new machines. Peng Ying, director of brand management of Shanhe Smart, said that the enterprise has established a special second-hand equipment remanufacturing plant, which will provide better cost performance to countries along the "the Belt and Road" after equipment refurbishment.

From October to December 2022, Changsha Area has exported second-hand construction machinery and equipment worth 178 million yuan to 15 countries such as India, Vietnam, and Uzbekistan. This year, according to the actual demands of enterprises, nearly 20 new enterprises have gathered in the Changsha area of the Free Trade Zone to carry out second-hand equipment export trial order business. Huacheng Import and Export Data Observation Report.

In the next step, the Changsha area of the Free Trade Zone will strive to build Hunan into a globally renowned and nationally leading industrial distribution center for the aftermarket of construction machinery by creating a process-based public service platform, a centralized second-hand equipment trading center, and a large-scale remanufacture export base, and gradually achieve the strategic goal of turning the export of second-hand equipment for construction machinery into a 100 billion level industry. Huacheng Import and Export Data Observation Report.