Belt and Road Planning approved compressor demand will improve

The "One Belt and One Road" plan has been approved and will be formally introduced. The two major starting points in Xinjiang and Lianyungang will take the lead in breaking through. An authoritative source disclosed that "the plan has been printed and issued in a small area, and will be formally introduced." Analysts believe that the introduction of the "One Belt and One Road Plan" will benefit compressor-related companies.
From the “One Belt and One Road” strategic trajectory, it was first seen in September 2013 when Xi Jinping visited Kazakhstan on the assumption of the “Silk Road Economic Belt”. In October of the same year, Xi Jinping also proposed China’s initiative to strengthen maritime cooperation with ASEAN countries and jointly build the “21st Century Maritime Silk Road” during the informal meeting of the leaders of the Asia-Pacific Economic Cooperation (APEC). Since then, interpretations and conjectures of the “One Belt and One Road” plan have never stopped. Recently, according to relevant media reports, the “One Belt and One Road” plan has been approved and will be formally introduced. The two major starting points in Xinjiang and Lianyungang will take the lead in breaking through. An authoritative source revealed that "the plan has been printed and issued in a small area and will be formally introduced.
The study believes that the "Silk Road Economic Belt" in the "One Belt and One Road" will open up the major transit routes from the Pacific to the Baltic Sea and gradually form a transportation network linking East Asia, West Asia, and South Asia. This will not only allow China's excess production capacity to "go out." It will also export equipment, technology, management and standards, and enhance energy and geo-security through cooperation with Central Asia in energy and other fields. Compressors accompanying this will also “go global”.
Authoritative sources pointed out that the One Belt One Road initiative will be formally introduced, which is an important measure of China's economic security. It can also allow more Chinese brands to go abroad to a large extent, and defuse the overcapacity in related domestic industries.
Gao Wei, a researcher at the Development Research Center of the State Council, wrote in a recent article that fiscal policy can play a more active role in the construction of the “Belt and Road Initiative.” This includes the government’s purchase of services to increase investment in public works such as roads, bridges, ports, and docks. The government can also Purchase planning, such as the design of cross-border roads.
The study found that the proportion of exports from China's construction machinery industry is still relatively low, and the national strategy is to vigorously promote the One Belt One Road strategy and actively encourage China's construction and high-speed rail to go overseas. In this context, analysts believe that with the large infrastructure companies in China contracting overseas infrastructure projects, China's compressor industry is expected to borrow ships to sea, and actively explore overseas markets, the future industry demand will begin to improve.

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