China's XCMG Accompanies Lee Ka-chiu on Visit to Two Central Asian Countries in May to Deepen Localization Strategy
2026-06-03 15:02
Favorite

en.Wedoany.com Reported - As a representative of China's high-end manufacturing sector, XCMG Group was the only construction machinery enterprise to join the Hong Kong SAR government delegation on its visit to Central Asia. On May 31, Hong Kong SAR Chief Executive John Lee Ka-chiu led a delegation of 40 Hong Kong business and professional representatives and 30 mainland enterprise representatives to Astana, Kazakhstan, marking the largest overseas trip of his administration. Liu Jiansen, Vice President of XCMG Machinery, accompanied the delegation to deepen XCMG's localization and strategic cooperation in the Central Asian market.

During the stay in Kazakhstan, XCMG participated in multiple economic and trade exchange activities. In discussions with representatives, Liu Jiansen introduced XCMG's latest achievements in high-end, intelligent, green, global, and service-oriented transformation. He noted that government-enterprise collaboration in going global leverages respective strengths, with Hong Kong's mature financial system and professional services highly complementary to XCMG's advanced manufacturing capabilities. Together, they can provide customers with one-stop solutions integrating manufacturing, finance, and services.

XCMG entered the Kazakhstan market in 2001 and established XCMG Kazakhstan subsidiary in 2017. Currently, over 30,000 XCMG units serve the local energy, transportation, and mining sectors, with market share ranking first in the industry for consecutive years. The company has been deeply involved in national key projects such as the Astana Light Rail and the Bright Road Economic Corridor. In September 2023, Yang Dongsheng, Chairman and Party Secretary of XCMG Group and XCMG Machinery, accompanied a Jiangsu provincial delegation to inspect Kazakhstan, signing procurement and long-term strategic cooperation agreements with local governments and enterprises.

In Uzbekistan, XCMG established a joint venture UzXCMG with the National Railway Company in 2014, the only construction machinery joint venture among the five Central Asian countries, which has delivered thousands of units to the local market. Uzbek President Shavkat Mirziyoyev inspected the factory twice in 2020 and 2022. At the Almalyk No. 3 Copper Concentrator project, over 400 XCMG units operated in coordination.

According to the itinerary, after visiting Kazakhstan, the delegation moved to Uzbekistan on June 3 and is expected to return to Hong Kong on June 6. XCMG stated that it will leverage this visit to deepen localized operations in the Central Asian market, contributing to regional connectivity and sustainable development.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com