Chinese Construction Machinery Sector Begins To Recover Month By Month

게시됨: Apr 19, 2023 15:52
출처: SMM
In the first quarter, the average operating rate of construction machinery across China was 53.14%. This sector recovered month by month.

In the first quarter, the average operating rate of construction machinery across China was 53.14%. This sector recovered month by month.

From a monthly perspective, the monthly operating rate in January was 40.61%, that in February was 53.77%, and that in March was 65.05%, showing a rapid recovery.

These positive data indicate that China's infrastructure construction has accelerated since the beginning of the year.

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Chinese Construction Machinery Sector Begins To Recover Month By Month - Shanghai Metals Market (SMM)