Excavators are the standard configuration for infrastructure construction and the Weather vane reflecting infrastructure construction and observing economic changes such as fixed assets investment.

In May 2023, many regions in China actively promoted the construction of major projects, and various infrastructure construction continued to recover steadily, injecting strong momentum into the continuous improvement of economic operation.

Top 10 provinces with operating rates

In May, Anhui (79.20%), Zhejiang (77.70%), and Jiangxi (76.85%) ranked among the top three provinces in terms of monthly operating rates. All 19 provinces, including Jilin, Beijing, Sichuan, Hubei, and Liaoning, had operating rates exceeding 70%.

As of May, Anhui has had the highest operating rate in the country for four consecutive months.

The average operating rate exceeds 60%

In May, nationwide, truck cranes remained the equipment with the highest operating rate, with an average monthly operating rate of 79.25%; Next is the excavator, with an average monthly operating rate of 65.96%; The third is the pump truck, with an average monthly operating rate of 62.91%.

Excavators have continued to operate at high rates for several months, indicating the continued popularity of a large number of infrastructure projects this year.

Outstanding data performance

From February to May 2023, Anhui and Zhejiang continued to maintain high operating rates, with Anhui's various equipment operating rates ranking first in the country for four consecutive months and Zhejiang's various equipment operating rates ranking fourth in the country for four consecutive months. Meanwhile, from February to May, Anhui and Zhejiang achieved the top five monthly operating rates for truck cranes, excavators, and other industries in the country.

Hunan's advanced energy storage materials, photovoltaic, and hydrogen energy industries are working together. Jiangxi has received a special subsidy of 450 million yuan for national water network backbone projects, further promoting water conservancy infrastructure construction. In May, the average operating volume of 10 types of equipment in Jiangxi increased year-on-year, with crawler cranes (23.90%) ranking third in the country; The average operating volume of 8 types of equipment in Hunan increased year-on-year.

Accelerate the construction of infrastructure in Guizhou and smooth the transportation arteries. The construction of Shanghai West Railway Station metro station of Metro Line 20 has entered a new stage. In May, the average operating volume of 10 types of equipment in Guizhou increased year-on-year, with excavators (27.30%) ranking third in the country. The average operating volume of three types of equipment in Shanghai increased year-on-year, with stackers (54.00%) and excavators (46.60%) ranking first in the country.Editor/Ma Xue