Ten years ago on December 11, after many rounds of hard negotiations, China formally joined the WTO.

Ten years of grinding a sword. Looking back at this decade, during the 110th session of the Canton Fair held on October 14th, Premier Wen Jiabao made a high-level summary in his speech with three "major changes": "China's The situation has undergone major changes. China’s foreign economic and trade relations have undergone major changes, and China’s position and role in the world family have also undergone major changes.”

At the annual meeting of the Boao Forum for Asia this year, Minister of Commerce Chen Deming concluded that during the decade, China’s export volume has increased by 4.9 times, the scale of imports has increased by 5.2 times, GDP has increased by 3.3 times, and the total economic output has reached the world level. The top two. China has accumulatively used more than one trillion U.S. dollars in foreign capital and foreign direct investment reached 59 billion U.S. dollars. China’s total import and export volume reached US$3 trillion, becoming the world’s second largest trading nation and the largest exporter.

In the same way, the review of the internationalization process of China's construction machinery in this decade is brilliant and remarkable. The first five years and the next five years form an obvious “watershed”: After the import and export deficit narrowed to US$1.2328 billion in 2005, the country’s magnificent turnaround in 2006 formed a surplus of US$1.089 billion for the “Eleventh Five-Year Plan” for China Construction Machinery. "The international trade has opened up a good game. In 2008, the export volume reached a record high of 13.42 billion U.S. dollars.

After 10 years of bold attempts and experience in internationalization, China’s engineering machinery’s export methods have shifted from foreign trade companies to self-operated exports; the company’s proprietary brand has shifted from OEM to export; it has mainly exported to third-world countries. Turning to developed and sub-developed countries; export areas from guerrilla warfare to the battlefield; sales model from direct sales to the agency system. At the same time, in the process of developing overseas markets, the quality of product performance has also been continuously improved, intellectual property awareness and independent innovation capability have been continuously strengthened, overseas sales channels and service networks have become increasingly perfect, overseas investment and capital operations have increased, and China’s construction machinery industry as a whole The strategic layout has taken shape.

It can be said that after 10 years of accumulated experience in internationalization, China’s construction machinery has become one of the major competitors in the international market. Enterprises have also taken a big step forward in understanding and operating practices of the true meaning of internationalization. According to the forecast of the China Construction Machinery Industry Association, the growth rate of China's construction machinery exports during the "12th Five-Year Plan" period will reach around 25%.