In the January-July period this year, China’s excavator output amounted to 149,767 units, down 20.3 percent year on year, as announced by National Bureau of Statistics (NBS).
In July alone, China’s excavator output came to 13,237 units, down 33.9 percent year on year, while decreasing by 35 percent month on month.
In July, the excavator output declined sharply, reflecting the poor performance in the excavator market amid the weak situation in the real estate industry.