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With the rapid development of China's economy and infrastructure construction, it has driven the rapid development of China's crane market, and China has become an important crane market in the world. The rapid development of cranes has stimulated the prosperity of the hoisting equipment market and brought more power to the development of hoisting equipment.

According to analysis, in recent years, especially my country's vigorous development in the energy industry, it has driven the sustained and steady development of China's crane industry, and has also driven a large number of powerful hoisting equipment construction companies. A number of large-scale hoisting equipment enterprises with considerable scale and strong competitiveness have emerged in China's hoisting industry; these hoisting equipment manufacturers are also actively entering foreign markets with the overseas expansion of the Chinese crane market.

The lifting equipment industry and the crane industry can be said to promote and develop each other. The rapid development of China's hoisting equipment field has provided support for the development of China's crane industry. At present, in the domestic crane market, almost all the well-known manufacturing companies in the world are brought together. Many large foreign crane brands have also established assembly and manufacturing bases in China. It can be said that they are also very optimistic about the strength of domestic hoisting equipment companies.

Foreign large-scale hoisting machinery and equipment to seize the Chinese market, coupled with the ever-upgrading needs of Chinese users, is an opportunity and a challenge for local hoisting machinery companies and hoisting equipment companies. There is competition, there will be progress. In response to the changes in the hoisting equipment and hoisting equipment market, local enterprises are also constantly innovating in products and technologies. Local enterprises represented by Xugong Group, Zoomlion, Sany Group, etc. have launched large-tonnage mobile crane products with independent intellectual property rights, high added value and high technology content. It can be said that this has filled the technological gap in China in this field, which is a big step forward for the lifting machinery industry, and is also an opportunity for technological improvement for the lifting equipment industry. It is also an opportunity for the domestic hoisting equipment industry to show its strength to the entire global hoisting equipment industry!