The 10th international trade fair for construction machinery, building material machines, mining machines and construction vehicles will take place as planned from November 24 to 27, 2020 at the Shanghai New International Expo Centre (SNIEC). More than 3,000 exhibitors are being expected.
China’s economy is recovering apparently from the coronavirus shutdowns, and trade fairs are key to rebuilding economies. China unveiled a series of economic stimulus policies and the investment in infrastructure is expected to increase by 10%. Thanks to this, it is estimated that the growth rate of China’s construction machinery industry will reach 10% this year. These figures were published by the Shanghai Securities Co., Ltd. For more information please read the press release via link below.