In 2026, the Chinese construction machinery market is expected to reach 257.3 billion RMB, representing over 35% year-on-year growth, while the global market is projected to exceed 239.7 billion USD. The industry has transitioned from cyclical fluctuations to a period of stable growth driven by a triple engine of "policy + technology + demand." Sales of core product categories such as excavators, concrete machinery, and lifting equipment continue to recover, with excavator sales in January 2026 surging 49.5% year-on-year and exports accounting for 53.4%, reflecting strong synergy between domestic and overseas demand.