China forklift sales to exceed 120,000 units

News Story
- 27 Apr 2006 ( #257 ) - BEIJING, China
1 min read
The China Industrial Truck Association (CITA) says China's forklift sales reached 75,000 units in 2005.

Forklifts in service reached 340,000 units.

Forklift sales are expected to exceed 120,000 units by 2010 and forklifts are to become one of the biggest selling products in the construction machinery industry, Asia Pulse reported.

CITA secretary general Su Enyi said China had 14 regions where forklift sales exceeded 1,000 units a year. Guangzhou city, in Guangdong province, southern China, was the most important forklift market.

Combined forklift sales for Anhui Forklift Truck Group (Heli) and Hangzhou Forklift Truck Group exceeded 40,000 units in 2005 and accounted for about 60 per cent of the total market.

However, CITA said the gap between outdated production equipment and the expanding production capacity was growing larger.
"There are also problems in the sector such as a lack of information exchange platforms and cut-throat price competition affecting the quality of products," Asia Pulse reported.
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Inside The News
In our feel good story for the week, we report on a donation from Wisconsin-headquartered Big Joe Forklifts to the University of Wisconsin-Madison’s College of Engineering, after discovering the institution was still using one of its 1960s walkie stackers... Continue reading

PREMIUM business

Lift Tek Elecar
Global leader in the design and manufacture of masts, carriages, integral sideshifters & fork positioners.

We are delighted to share our exciting website stats for June:
⇒ 1,048,937 web visits - over one million in one month!
⇒ 345,429 unique visitors
⇒ 7,845,629 page views

Looking to reach the materials handling market? We feel Forkliftaction is the right place. We've been partnering with leading brands for 25 years, and we'd love to work with yours. [Download the media kit] to get started.

Words of support …

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Justine Lootens, CEO

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

We are delighted to share our exciting website stats for June:
⇒ 1,048,937 web visits - over one million in one month!
⇒ 345,429 unique visitors
⇒ 7,845,629 page views

Looking to reach the materials handling market? We feel Forkliftaction is the right place. We've been partnering with leading brands for 25 years, and we'd love to work with yours. [Download the media kit] to get started.

PREMIUM business

Lift Tek Elecar
Global leader in the design and manufacture of masts, carriages, integral sideshifters & fork positioners.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

We are delighted to share our exciting website stats for June:
⇒ 1,048,937 web visits - over one million in one month!
⇒ 345,429 unique visitors
⇒ 7,845,629 page views

Looking to reach the materials handling market? We feel Forkliftaction is the right place. We've been partnering with leading brands for 25 years, and we'd love to work with yours. [Download the media kit] to get started.

Inside The News
In our feel good story for the week, we report on a donation from Wisconsin-headquartered Big Joe Forklifts to the University of Wisconsin-Madison’s College of Engineering, after discovering the institution was still using one of its 1960s walkie stackers... Continue reading

PREMIUM business

Lift Tek Elecar
Global leader in the design and manufacture of masts, carriages, integral sideshifters & fork positioners.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET