China’s average monthly operating rate of construction machinery at 64% in Oct, better than previous 3 quarters

The data showed that in October, the average monthly operating rate of China’s construction machinery was 64.07%, compared with the average operating rate of 61.84% in the first three quarters, an increase of 2.23%, reflecting China’s infrastructure investment continues to maintain a stable upward trend.

Compared with September, there were three types of equipment with the leading operating rate in October. By order: truck cranes, excavators, and pump trucks, all with operating rates exceeding 60%.

Among them, truck cranes have led the way in operating rates for 20 consecutive months (from March 2021).

The stabilization of major economic provinces has played an important supporting role in the recovery of the national economy.

21 Nov 2022 reported by Machinery News