The latest data released by the China Construction Machinery Industry Association shows that 18,804 excavators of various types were sold in June 2025, an increase of 13.3% year-on-year and a significant increase of 11.18% from the previous month. Among them, the domestic sales volume was 8,136 units, an increase of 6.2% year-on-year, and a decrease of 1.48% in May; the export volume was 10,668 units, an increase of 19.3% year-on-year.

cumulatively, from January to June 2025, a total of 120,520 excavators were sold, an increase of 16.8% year-on-year; of which the domestic sales volume was 65,637 units, an increase of 22.9% year-on-year; the export volume was 54,883 units, an increase of 10.2% year-on-year.

excavators are considered to be a "barometer" of infrastructure building. Its prosperity is mainly affected by factors such as changes in demand Sales of excavators have rebounded, releasing a positive signal that China's construction machinery industry is gradually recovering and domestic demand is rebounding.

In terms of infrastructure, the issuance of special project bonds is the key to supporting infrastructure. According to Wind data statistics, in the first half of this year, the scale of new special project bonds issued in various places was about 2.1607 trillion yuan, an increase of about 44.7% from 1.4935 trillion yuan in the first half of 2024.

Entrusted by the State Council, Minister of Finance Lan Fo'an made a report on the central final accounts of 2024 to the 16th meeting of the Standing Committee of the 14th National People's Congress on June 24. Lan Fo'an said that the financial department made forward efforts, implemented more active fiscal policies, strengthened investment in the areas of benefiting people's livelihood, promoting consumption and increasing stamina, and promoted the implementation of policies as soon as possible.