The operating rate of construction machinery, a key indicator of construction engineering performance, saw an increase in October, buoyed by stimulus policies implemented nationwide in China. According to the latest data from the State Information Center, in October, the operating rate of construction machinery increased by 1.6 percentage points compared to the previous month. The total equipment working hours have been steadily increasing for five consecutive months, with a notably accelerated growth rate in October.
Meanwhile, the total construction area nationwide has expanded. In October, out of the 31 provincial-level regions in the Chinese mainland, 28 saw a month-on-month growth in the operating rates of construction machinery.
In particular, over 10 provincial-level regions including Anhui, Henan, Hubei and Liaoning have witnessed a continuous increase in construction machinery operating rates for three consecutive months.
"The overall operating rates have increased rapidly since the start of October. The status of various equipment shows that most ongoing projects have entered the later stages, with finishing work steadily progressing. At the same time, the number of new construction or expansion projects has also kept increasing," said Huang Luchuan, an analyst focusing on the "excavator index" with the Rootcloud, an industrial Internet cloud platform solution provider.
Regionally, the most notable increase in construction machinery operating rates is seen in the central and eastern parts of China.
In Changxing County of Huzhou City, east China's Zhejiang Province, an aluminum company is operating around the clock.
"Currently, we have completed 80 percent of the whole project. We anticipate reaching full production capacity early next year. Once in full operation, the total output value is expected to exceed 4 billion yuan (556.8 million U.S. dollars) per year," said Xu Zhiqiang, general manager of Zhejiang Boao Aluminum.
Since the start of October, a total of 108 projects in emerging industries including smart vehicles and key components, new energy, smart equipment, digital industries and biopharmaceuticals have commenced or completed construction in Changxing County, with a combined fixed asset investment reaching 37.04 billion yuan (about 5.16 billion U.S. dollars).
"In the fourth quarter, with the accelerated implementation of a package of incremental policies and strengthened financial support, the formation of physical workload of engineering construction is expected to accelerate. This will play a more active role in uplifting the confidence of key players in the relevant industries and fostering economic growth in the fourth quarter," said Wei Ying, deputy director of the Big Data Development Department at the Information Center of the National Development and Reform Commission.
China sees improved engineering construction performance in October
Despite U.S. tariff hikes, toy manufacturers in Dongguan, a global toy manufacturing hub in south China, are demonstrating remarkable resilience through unique product offerings and strategic market expansion beyond the American market to other countries.
Dongguan is home to over 4,000 manufacturers and nearly 1,500 supporting enterprises in the designer toy industry, producing nearly 85 percent of China's designer toys and a quarter of the global animation-related merchandise.
Piececool, a Dongguan-based toy brand specializing in premium 3D metal puzzles, maintains resilience against U.S. tariff hikes through its distinctive craftsmanship and incorporation of Chinese cultural elements, which have cultivated a loyal global customer base.
"We build our products around traditional Chinese themes. Overseas, we're proud to be known simply as 'a Chinese brand.' As soon as people see our puzzles, they know they're getting something made in China," said Xiong Mao, general manager of Dongguan Weishi Culture Technology Co., Ltd., the parent company of Piececool.
Xiong said that the U.S. market for his company remains steady thanks to their unique product offerings as the majority of their consumers prioritize quality over cost and are willing to invest in premium products.
"Our share of the U.S. market hasn't been hit much. First, our products are protected by our own intellectual property and branding. And second, there really isn't anything else like them that customers could switch to," he said.
Jollybaby, a Dongguan-based toy manufacturer, is among China's top exporters of soft baby books. Facing challenges from U.S. tariffs, the company has restructured its approach to penetrate markets in Europe and Southeast Asia.
"Besides Russia, we work with agents in South Korea and Japan. Combined, those markets far exceed our sales in the U.S.," said Long Lin, deputy general manager of Jollybaby.
Beyond exports, Jollybaby now views China's domestic market as another key focus. In April alone, Chinese e-commerce giant JD.com placed an order worth 50 million yuan (around 6.9 million US dollars) and committed to distribute 1 million of the company's soft baby books, completing its transition from exports to domestic sales within just 72 hours.
"We were the first to benefit. JD.com approached us immediately -- they understood our inventory situation, put the traffic behind our products, and labeled them as 'export to domestic for shoppers," Long said.
"As a major trading city and manufacturing hub, changes in the external environment inevitably affect us. We know better than to put all our eggs in one basket -- diversifying markets is our top priority. Beyond the Belt and Road partner countries, we're expanding trade with RCEP members, Africa, South America, and other emerging markets, to build a more balanced and widespread market presence," said Huang Chaodong, deputy director general of the Dongguan Municipal Bureau of Commerce.
Chinese toymakers resilient to US tariffs with unique products, diversified markets
