Infrastructure in western China will be further improved during the 12th Five-Year Plan period.
The economy of western China is relatively backward. Under the influence of relevant planning, the infrastructure construction in western China will usher in a period of upsurge, and the resulting boost to the oil pump market is enough to attract the favor of any oil pump manufacturer. Xinjiang province alone has such a large market, the whole west will greatly boost the oil pump industry. In the next five years, Xinjiang plans to invest 131.1 billion yuan to develop water conservancy projects. The introduction of the "12th Five-Year Plan" for the development of western China is guaranteed by policies, which further establishes the confidence and investment of oil pump enterprises in the development of western China market. It is believed that the whole western China will become the development focus of oil pump market in the next few years. According to the plan, during the 12th Five-Year Plan period, priority will be given to infrastructure development in the western region, and the construction of a modern infrastructure system with appropriate advanced, supporting functions, safety and efficiency, focusing on transportation and water conservancy will be accelerated. This year, 2 billion yuan will be invested in building 4,500 kilometers of rural roads, improving asphalt access in 40 townships and towns, and providing highway access in 500 administrative villages.
In recent years, the western KCB gear pump market is growing significantly, general downturn in the industry, in 2011, a Chinese brand excavators in gansu and qinghai provinces still maintained rapid growth, is only the first two months of this year, the brand product in the quantity of goods which meet the provinces of more than one hundred sets, according to the brand agent, as the weather gets warmer, Many engineering construction and mining resumption, the market is expected to have a greater growth this year. A comprehensive transportation network will take shape, two-hour transportation circles will be basically built in key city clusters, and every township will have access to oil roads and every village will have access to highways. In addition, the exploration and development of mineral resources will also be further intensified. In 2010, the central financial units allocated an additional 110 million yuan for the exploration of mineral resources in Xinjiang, which shows the intensity of support.
The oil pump demand brought by infrastructure will be obvious. Due to the long-term economic backwardness in western China, the infrastructure construction in western China will usher in a period of upsurge under the influence of relevant planning. The boost to the oil pump market brought by this is enough to attract the favor of any oil pump manufacturer. Take Xinjiang as an example. Data show that during the 12th Five-Year Plan period, Xinjiang will invest 100 billion yuan in urban construction every year. It is estimated that 120 billion yuan to 150 billion yuan will be invested in transportation infrastructure construction, and 11,000 km of roads will be built, including 1,966 km of expressways and more than 1,300 km of national and provincial roads. The length of railways in operation will be increased by 15,000 kilometers, road transportation and communications infrastructure will be further improved, and water conservancy infrastructure will be significantly strengthened. Because of the rapid growth of infrastructure construction market in western China, more and more oil pump enterprises are paying attention to it.
In recent years, the major high-viscosity oil pump manufacturers have gone to the west to build factories and expand business. Xugong, Sany, Zhonglian and other leading domestic oil pump enterprises have started to lay out their positions early to make preparations for the development of the western market.
On February 20, 2012, The State Council officially approved the 12th Five-Year Plan for the Development of western China prepared by the National Development and Reform Commission. The Plan lays out a comprehensive plan for the development of the western region during the 12th Five-Year Plan period, clearly outlining key tasks and major projects.
With the continuous promotion of the development of the west and the support of relevant national policies, the west is experiencing a historical period of rapid development.
