In March 2nd, India relaxed import restrictions on Chinese toys and allowed imports of goods certified by global security agencies. Just a few weeks ago, the India government issued a six - month ban on Chinese toy imports on the grounds of "public safety". Facing the embarrassing situation of Chinese toys, Chinese enterprises are very helpless. However, in the face of such a huge India Union market, especially the India earthquake events before and after the tsunami, Malaysia and Vietnam to the local cause analysis, India Union market for construction machinery is always "yes" attitude, because they too need to China engineering machinery product cost-effective.
In order to further accelerate the speed of economic development, the governments of the ASEAN countries have accelerated the upgrading and investment of infrastructure construction. With the integration of regional economy, the land traffic between countries will be gradually connected. The Pan Asian Railway, such as Malaysia, Vietnam and other countries, has begun to raise funds. In addition, the India Ocean tsunami disaster, the Southeast Asian region reconstruction business opportunities are not small.
Economists expect that in the next few years, Southeast Asia will create a rare scale in infrastructure recovery, hotel industry construction and civil housing reconstruction. The demand for engineering machinery will be more exuberant.
Construction machinery is an expensive and durable product that produces value-added products. Compared with similar products in Europe and America, China's construction machinery products have great advantages in terms of cost performance. The price of the machinery which is usually bought by a European and American day is close to the price of the whole line of the same kind of equipment in China. The brand of "Chinese machinery" has been widely accepted by Vietnam's engineering machinery market, and enjoys high popularity in local related industries.