Core Viewpoint - The latest data from the "CCTV Finance Excavator Index" indicates a steady progress in road construction and strong performance in port equipment, reflecting the resilience and vitality of foreign trade in August [1][10]. Group 1: National Construction Activity - In August, the average operating rate of construction machinery in the country was 43.42%, with ten provinces ranking in the top for operating rates, including Zhejiang, Hainan, and Jiangxi [3]. - Ten provinces experienced a month-on-month increase in workload, with half of these located in the western region, indicating sustained growth in infrastructure construction [6]. Group 2: Road Equipment Performance - The workload of road equipment in August increased by 4.06% year-on-year and 5.81% month-on-month, with specific increases in paver and roller machinery [8]. - Paver machinery saw a year-on-year increase of 1.41% and a month-on-month increase of 9.74%, while roller machinery's workload increased by 5.89% year-on-year and 3.34% month-on-month [8]. Group 3: Foreign Trade and Port Equipment - August marked the third consecutive month of growth in both exports and imports, with port equipment workload increasing by 18.33% year-on-year and 1.48% month-on-month [11]. - Specific equipment such as the reach stacker and container handler showed significant increases in workload, with the reach stacker up by 9.97% year-on-year and 2.21% month-on-month [11]. Group 4: Regional Insights - The central region's comprehensive operating rate was 48.12% in August, with excavator and pile driver equipment leading in operating rates nationally [14]. - The western region demonstrated a strong economic performance, with a comprehensive operating rate of 47.69% and leading rates in various equipment categories [17]. - The northeastern region's comprehensive operating rate was 46.40%, with road equipment operating rates reaching 61.55%, the highest among all regions [20].

Core Insights - The average operating rate of construction machinery in China for August is reported at 43.42%, indicating steady progress in road construction and active performance of road equipment [1] - A total of 17 provinces in China have an operating rate exceeding 50%, with Zhejiang leading the rankings [1] Group 1: Construction Machinery Performance - The top ten provinces by operating rate include Zhejiang, Hainan, Jiangxi, Fujian, Anhui, Qinghai, Ningxia, Liaoning, Guangdong, and Xinjiang [1] - The workload of road equipment has increased by 4.06% year-on-year and 5.81% month-on-month [1] Group 2: Foreign Trade and Port Equipment - Monthly exports and imports in foreign trade have shown growth for three consecutive months [1] - The workload of port equipment has increased by 18.33% year-on-year and 1.48% month-on-month [1] - Specific equipment performance includes a 9.97% year-on-year increase and a 2.21% month-on-month increase for gantry cranes, and a 28.68% year-on-year increase and a 0.72% month-on-month increase for stackers [1]

Core Viewpoint - The excavator serves as a standard for infrastructure construction and reflects changes in fixed asset investment, with the latest data from the "CCTV Finance Excavator Index" indicating stable progress in infrastructure projects across China, particularly in the western regions showing strong growth momentum [1][3]. Group 1: National Construction Rates - In July, the national construction rate for engineering machinery was 44.43%, with a month-on-month increase of 4.44% in total workload, indicating a gradual recovery in infrastructure projects [3]. - The top ten provinces by construction rate included Zhejiang (66.25%), Hainan, Anhui, Qinghai, Jiangxi, Beijing, Liaoning, Fujian, Hebei, and Gansu, with 20 provinces exceeding a 50% construction rate, showcasing balanced development across the country [2][3]. Group 2: Regional Performance - In July, 12 provinces experienced a month-on-month increase in workload, with the top five provinces being Guizhou, Qinghai, and Guangxi from the western region [6]. - The northeastern region had the highest comprehensive construction rate at 49.81%, with port and road equipment rates leading in their categories [12]. - The central region's comprehensive construction rate was 49.28%, with excavator and pile driver rates ranking first nationally [14]. - The western region's comprehensive construction rate was 49.10%, with lifting equipment leading at 78.11% [16]. Group 3: Equipment Performance - In July, the road equipment construction rate was 32.15%, with a month-on-month increase of 2.6% and a year-on-year increase of 20.09%, indicating strong activity in major road and bridge projects [8]. - Among 13 categories of equipment, five categories saw a month-on-month workload increase exceeding 10%, including rollers (18.35%), rotary drilling rigs (14.37%), and crawler cranes (13.16%) [10]. - The eastern region led in concrete equipment construction rates at 46.6%, with specific equipment like trailer pumps and concrete mixers also ranking first nationally [18]. Group 4: Significant Projects - In Tibet, the construction workload increased by 33.4% year-on-year in July, with continuous growth in various equipment categories since March 2025 [20].

Core Viewpoint - The excavator industry is a key indicator of infrastructure construction and fixed asset investment trends in the economy, with significant growth observed in sales and operational rates in the first quarter of the year [1][2]. Group 1: Sales and Operational Data - In Q1, a total of 61,372 excavators were sold, representing a year-on-year increase of 22.8%, with domestic sales at 36,562 units (up 38.3%) and exports at 24,810 units (up 5.49%) [1]. - The average operational rate of engineering machinery nationwide was 44.67%, an increase of 1.62% year-on-year, with 12 provinces exceeding a 50% operational rate [2]. - The lifting equipment category showed the highest performance with an average operational rate of 66.28% in Q1, indicating concentrated activity in infrastructure projects [3]. Group 2: Regional Performance - The central region led with an average operational rate of 48.24%, driven by policy incentives and major project investments, with lifting equipment operational rates at 70.49% [5]. - The eastern region's average operational rate was 44.70%, with significant growth in concrete equipment and notable increases in specific equipment types like stackers and pile drivers [7]. - The western region reported an operational rate of 43.39%, with several equipment types achieving the highest year-on-year growth rates, such as pump trucks and pavers [8]. Group 3: Equipment Performance - In Q1, port equipment like stackers and front lifts saw substantial growth, with stackers increasing by 28.65% and front lifts by 9.92% year-on-year, indicating a positive trend in foreign trade [4]. - Specific equipment in the central region, such as crawler cranes and excavators, showed remarkable growth rates of 111.02% and 15.23% respectively, leading their categories nationally [5]. - The eastern region's stackers and pile drivers also exhibited impressive growth, with increases of 176.35% and 114.47% respectively in March [7].

央视财经与三一重工、树根互联联合打造的 "央视财经挖掘机指数" 今天发布了最新相关数据。今年一 季度，工程机械行业迎来传统开工及销售旺季。数据显示，1至3月，销售挖掘机61372台，同比增长 22.8%；其中国内销量36562台，同比增长38.3%，出口24810台，同比增长5.49%。正面吊、堆高 机总工作时长同比大涨，港口设备繁忙，我国各项基础设施建设加速推进，展现出向新、向好的开局态 势。 挖掘机是基础设施建设的"标配"，是反映基础设施建设、观察固定资产投资等经济变化的风向标。 基建"春耕图"出炉：一季度12省份开工率超50%！ 一季度，港口设备中堆高机季度同比增长28.65%，正面吊同比增长9.92%，超过其他细分设备。其 中，重庆堆高机一季度总工作时长同比增长22.83%，位居同类设备同比增幅全国第一；广西正面吊总 工作时长同比增长36.72%、青海正面吊总工作时长同比增长31.81%，均位居正面吊同比排名Top5。 堆高机和正面吊主要用于集装箱的物流搬运，西部地区这两项设备总工作时长同比大幅度提升，说明地 区一季度外贸发展势头良好。 一季度全国工程机械平均开工率为44.67%，同比上涨1.62%。 ...

全国工程机械平均开工率同比增长1.62% "挖掘机指数"折射一季度中国经济起步稳后劲足 《经济参考报》记者日前获悉，三一重工基于树根互联工业互联网平台打造的"挖掘机指数"显示， 今年 一季度全国工程机械平均开工率为44.67%，较去年同期增幅为1.62%，12个省份平均开工率超过50%。今年3 月全国工程机械开工率为53.16%，环比2月上升18.06%，折射出一季度中国经济起步稳、后劲足。 数据显示，今年一季度吊装设备表现最为突出，平均开工率为66.28%，其中，3月吊装设备开工率为 72.53%。树根互联挖掘机指数数据专家刘俊介绍，吊装设备常用于大型设备安装、结构吊装等项目收尾环 节，其开工率高说明更多基建项目在整个一季度集中进行设备调试、主体结构封顶等收尾工作。 在今年一季度可统计样本总工作时长方面，堆高机同比增长28.65%，正面吊同比增长9.92%，超过其他细 分设备。其中，重庆堆高机一季度总工作时长同比增长22.83%，位居同类设备同比增幅全国首位；广西、青 海正面吊总工作时长分别同比增长36.72%、31.81%。 "堆高机和正面吊主要用于集装箱的物流搬运，总工作时长同比大幅度提升，说明西部地区 ...

Core Viewpoint - The "Excavator Index" indicates a stable start and strong momentum for China's economy in the first quarter, with an average operating rate of construction machinery increasing by 1.62% year-on-year [2]. Summary by Sections National Overview - The average operating rate of construction machinery in China for Q1 was 44.67%, showing a year-on-year increase of 1.62%. In March, the operating rate rose to 53.16%, up 18.06% from February, reflecting a solid economic recovery [2]. Equipment Performance - Lifting equipment showed the best performance with an average operating rate of 66.28% in Q1, and 72.53% in March. This high rate indicates that many infrastructure projects were in the final stages of equipment debugging and structural completion [4]. - In terms of working hours, stackers saw a year-on-year increase of 28.65%, while front lifts increased by 9.92%. Notably, Chongqing's stackers had the highest growth rate at 22.83% [4]. Regional Analysis - The central region had an average operating rate of 48.24% in Q1, with lifting equipment at 70.49% and excavators at 58.12%, leading all regions. This growth was driven by policy benefits, major project investments, and industrial upgrades [4]. - The eastern region's average operating rate was 44.70%, with concrete equipment at 41.51%. In March, Fujian's stackers saw a remarkable year-on-year increase of 176.35% [5].

工程机械工作时长持续飙升 1 0月安徽"掘金"领先！ 挖掘机是基础设施建设的"标配"，是反映基础设施建设、观察固定资产投资等经济变化的风向 标。 央视财经与三一重工、树根互联联合打造的"央视财经挖掘机指数" 发布了最新相关数据。 10月，全国工程机械多项数据呈稳步上升态势，多个省份开工率实现环比增长。 "冰雪经济"火热，东北"机"情高涨！ "尔滨"又整大活儿了 2025年第九届亚洲冬季运动会将在黑龙江省哈尔滨市举办。10月25日，国务院常务会议部署了 以冰雪运动高质量发展激发冰雪经济活力的有关举措，推动冰雪经济高质量发展。 10月份，东北地区综合开工率65.73%，位居地区第一。其中吊装设备开工率82.23%，路面设 备开工率65.21%、工程设备开工率为65.90%，均领跑其他地区，位列第一。 其中， 吉林省旋 挖钻机开工率77.27%，位居同类设备开工率全国第一；压路机开工率 69.84%，位居同类设备全国第三； 拖泵 工作量同比增幅149.83%，位居全国第一。黑龙江履 带式起重机开工率81.58%，位居全国第三。辽宁省履带起重机工作量同比增幅40.01%，位居 全国第一。 10 月份全国工程机械综合开 ...