Industry-related

Shandong Lingong Belarus market large-scale flat machine first ice-breaking.

Recently, the Belarusian market again spread good news, the first Shandong Lingong large-scale flat machine - G9220F successfully cross-entry. This is also the Belarus construction machinery market since the recovery, in the large-scale flat machine has made a big breakthrough from scratch. Belarus market as a small single capacity in Eastern Europe, its economic situation by the Main Russian body, in recent years, the total amount of construction machinery market also with the recovery of the Russian market and China's "Belt and Road" project and the promotion of a sharp increase, Shandong Lingong seize market opportunities, and achieved remarkable results.

China's machine tool imports in the first half of the year 37721 units, down 21% YoY

The latest data released recently by the General Administration of Customs show that 8970 machine tools were imported in June 2020 and 37,721 units were imported in January-June. Imports of machine tools decreased by 10,152 units in the first half of 2020, or 21.2% year-on-year. In June 2020, the total export value of general machinery and equipment was RMB25.13 billion, while the cumulative export value from January to June was RMB134.6 billion, up slightly by 4.5% YoY.