On September 19, the 2023 China Engineering Machinery Technology Innovation Summit and Prime Suppliers 500 Release Conference, held concurrently with the China (Beijing) International Engineering Machinery, Building Materials Machinery and Mining Machinery Exhibition and Technology Exchange Conference (BICES), was held in Beijing. The technology innovation figures of China's leading engineering machinery manufacturers, as well as the senior executives of leading engineering machinery suppliers from China and abroad, attended the summit and had in-depth discussions on the future development, global expansion, international influence enhancement, technology innovation and upgrading of China's engineering machinery industry.

In the past decade, China's engineering machinery industry has continued to develop rapidly, with comprehensive improvement in technology innovation and product quality. Globally, Chinese engineering machinery enterprises led by XCMG have risen up, and China's related products have been exported to nearly 200 countries and regions.

The list shows that from 2020 to 2022, China's engineering machinery export value increased from 20.969 billion US dollars to 44.302 billion US dollars; from January to July 2023, China's engineering machinery export value was 29.087 billion US dollars, and the annual export value is expected to exceed that of the previous year. In the 2023 Global Engineering Machinery Manufacturers Top 50, there are 13 Chinese enterprises, with an average overseas sales ratio of more than 40%.

Jiang Mingzhong, vice president of XCMG Machinery, said in his keynote speech that China's engineering machinery industry has been pursuing the strong aspiration of industrial development and national service with the spirit of industriousness and patriotism for generations, and has been constantly honing, innovating and growing rapidly in the full competition and high-intensity competition with the world's top players, from once looking up followers and active participants to today becoming a powerful competitor in the global industry!

Jiang Mingzhong elaborated on how to adhere to perseverance, maintain strategic determination, find the definite direction and path of development, truly build a strong, solid and sustainable global competitiveness base, and truly enter the global top club steadily and at a high level around three aspects: "high-quality development, innovation-driven development and ecological chain collaborative development".

According to Xi Jinping's new requirement of "accelerating the formation of new productive forces and enhancing new development momentum", XCMG, as an innovation subject, breaks away from the traditional growth path, accelerates the creation of productive forces mainly based on scientific and technological innovation, accelerates the formation of more integrated and new connotative productive forces in the digital era, and takes a path of innovation and development with XCMG characteristics of "traditional pillar industry + strategic emerging industry + core component industry".

2023 coincides with the 80th anniversary of XCMG's founding. At such a critical juncture, XCMG will firmly grasp the "high-quality development" as the primary task, accelerate the implementation of the Everest summit "two-step" strategy, accelerate the "five-transformation" transformation and upgrading of the industry, join hands with partners and allies in the whole value chain, provide high-reliability and high-quality products and services for global customers, build an advanced manufacturing cluster of engineering machinery at a high level, and contribute to China's high-quality development of manufacturing industry and building a new development pattern The vigorous Chinese power!