On September 27, 2010, the global crane summit was held in Beijing. At the meeting, association leaders, economists and industry executives have generally showed their optimism about the well-known Chinese crane market.

The next 30 years China's economy will continue s high growth. There are two main factors supporting this: first, the low national consumption growth and household consumption growth in assets would sustain rapid growth; second, the western development will fill the economic gap between the east and west, which would drive the new economy growth.

In 2009, sales revenue of China's crane industry has exceeded 30 billion yuan RMB, reaching to 31.1 billion yuan RMB. It is estimated that the scale of the crane industry will reach 90 billion by 2015.

Europe has been leading the crane industry for hundreds of years. However, many European crane industry giants think that China can exceed Europe in the next 5 years, to become the world's largest crane sales countries.

There is 4 trillion yuan RMB investment in China from 2009, which has led to more than 50% of the crane equipmentrequirements. This will continue to accelerate the crane market growth.