The hottest engineering construction is mainly inf

Engineering construction is mainly infrastructure construction, supplemented by export and real estate recovery

engineering construction is mainly infrastructure construction, supplemented by export and real estate recovery

China Construction machinery information

Guide: the growth rate of infrastructure investment in July was slightly lower than that of the previous month, but it was still in the acceleration channel year-on-year. In July, infrastructure investment increased by 50% year-on-year (18% year-on-year), 52% last month, 43% year-on-year (25% year-on-year) in July and 53% last month (down 10 percentage points). July transportation, water conservancy, electricity, education, etc

the growth rate of infrastructure investment in July was slightly lower than that of the previous month, but it was still in the acceleration channel year-on-year. In July, infrastructure investment increased by 50% year-on-year (18% year-on-year), 52% last month, 43% year-on-year (25% year-on-year) in July and 53% last month (down 10 percentage points)

in July, the growth rate of investment in transportation, water conservancy, electricity, education and so on decreased slightly compared with the previous month. 7. Monthly investment growth rate: electricity 22% (23% in the same period of last year), last month 37%, transportation 57% (27% in the same period of last year), last month 77%, water conservancy 41% (34% in the same period of last year), last month 43%

the growth rate of railway investment in July was slightly lower than that of the previous month, and the growth rate began to be lower than that of the same period last year. According to the statistics of the Ministry of railways, the investment in railway capital construction in a single month in July increased by 78% at the same time, 138% last month (the growth rate fell by 60 percentage points), and was also lower than 141% in the same period last year (fell by 63 percentage points)

the growth rate of infrastructure investment rose in July last year, stabilized in the following month, and accelerated again after October. Corresponding to the slight decline in investment growth in July this year, it is expected that there will still be a slight stabilization in the next month. After October, the growth rate of infrastructure investment will fall again and enter the growth rate decline channel of scale increase

in July, real estate sales accelerated and the growth rate of new construction area fell slightly. In July, the real estate investment increased by 20%, the area of purchased land decreased by 22%, the area of new construction increased by 0.6% (down from 12% last month), the construction area increased by 8% and the sales area of commercial housing increased by 68%

the new construction area of real estate in July decreased month on month compared with that in June, which is the case in recent years. On the one hand, the adhesives manufactured by conventional technology in the first half of the year are usually caused by the concentrated construction of electrical insulators at the end of the quarter, on the other hand, it is caused by seasonal factors in the off-season of construction in July. The positive year-on-year growth in a single month indicates that it is in the recovery channel year-on-year

at present, the largest number of newly signed contracts are disclosed by China Railway 193 billion. The goal is to reach 300 million by the end of this year, and the production capacity of Anshi, an external wall insulation material testing machine, and China Railway Construction 134.3 billion yuan. China Railway Erju 30.6 billion, Gezhouba 12.3 billion, Shanghai Construction Engineering Group 7.2 billion, Sinoma International 6.7 billion, Longjian 6 billion, tunnel 5.8 billion, Guangdong hydropower 4.3 billion, Longyuan 2.2 billion

macro data such as investment are lower than expected and the monetary policy will change in the future, leading to the stock market callback unilaterally supported by the previous policy, and the construction industry is also difficult to survive. The market entered the stage of monetary policy support transition to macro data cashing, and the macro data was in an adjustment period before it was good

in the next few months, the growth rate of infrastructure investment will slow down, but it is still higher than the overall growth rate of investment in the whole society. It is still the industry with the fastest growth rate and the most guaranteed. Infrastructure construction companies still have defensive value, and the offensive attribute will transition from policy support to EPS upward adjustment

or materials with significantly improved performance or new functions after the improvement of traditional materials. Under this market background, we adhere to three strategies: (1) during the market adjustment period, we mainly allocate Pudong construction, China Railway and other infrastructure as defense; (2) Allocate global economic recovery themes such as Sinoma International and Cami; (3) Configure the theme of real estate investment recovery of Hongrun construction and Longyuan construction