日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Focus

Caterpillar scents big opportunity in Silk Road initiative

By Li Xiang | China Daily | Updated: 2014-11-10 09:26

Caterpillar Inc, the world's largest heavy machinery maker, is anticipating slower expansion in China but it is hoping to tap potential opportunities in Beijing's ambitious Silk Road initiative which is expected to create a new wave of infrastructure development along the ancient trading route.

China has set up a $40 billion fund to finance infrastructure projects, including transportation, utilities and telecommunication in countries along the land-based and maritime Silk Roads that connect Asia and Europe, an initiative that could prove beneficial to Caterpillar, the company's chief executive Douglas Oberhelman said on Sunday.

Though the construction equipment industry has been going through a torrid time in China with poor sales, Oberhelman appeared to be at ease with the slowing of the world's second-largest economy, saying that the company is adapting to it.

Oberhelman said he does not anticipate any shrinking in Caterpillar's China assets, but admitted that the company would witness a slower rate of expansion.

"The period between 2008 and 2012 was one of unprecedented growth and it will not be repeated again," he said on the sidelines of the Asia-Pacific Economic Cooperation forum in Beijing on Sunday.

Industry-wide sales of construction machinery in China fell about 10 percent from a year earlier in the first eight months of this year, according to the United States-based Caterpillar.

But Oberhelman remains upbeat about the prospect of Chinese economy, which he believes is capable of maintaining a 7 percent growth. He said the company would continue to bet on infrastructure growth in China as it is still the largest construction market in the world.

"Any economy that grows by about 7 percent would automatically require investment in infrastructure," he said, noting that Caterpillar would continue to expand cost-effective strategies for Chinese clients.

Caterpillar posted better-than-expected earnings in the third quarter of this year thanks to its cost reduction strategies and strong market demand for its railway locomotives.

While some analysts see a potential threat to Caterpillar's business from falling oil prices, Oberhelman maintained his projection for the company's performance to be "flat and slightly up" in 2015.

Oberhelman said 2014 was a complicated period for business and the weak recovery of the global economy made free and open trade tough.

He said that Caterpillar supported the regional trade initiatives underway including the Trans-Pacific Partnership and the Free Trade Area of the Asia-Pacific as the company has benefited from a more liberalized and fair.

lixiang@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日韩有码在线播放 | 国产精品亚洲成在人线 | 国产免费av网址 | 国产激情免费 | 中文字幕免费高 | 午夜精品一区二区在线观看 | 久久久久亚洲 | 三级视频在线播放 | 国产精品一区二区三区四区五区 | 免费日韩精品 | 四虎视频国产精品免费 | 日本天堂在线播放 | 最新中文字幕第一页 | 久久婷婷六月 | 中文字幕网站 | 免费高清欧美大片在线观看 | 69国产| 成人短视频在线观看 | 欧美69av| 香蕉人人精品 | 精品视频999| 久久国色 | 久久精品国产免费 | 国产探花一区 | 日韩在线一 | 国产一区二区视频免费 | 日韩视频一二三 | 天天摸天天操 | 亚洲国产精 | 成人在线视频网 | 极品魔鬼身材女神啪啪精品 | av免费天堂 | 成人小视频在线观看 | 久久久久久久久免费视频 | 国产精品久久毛片 | 国产成人一区二区三区 | 国产一区二区精品在线观看 | 欧美xxxxxx片免费播放软件 | 欧美日韩一 | 毛片在线免费 | 欧美黄在线观看 |