XCMG targets global high-end segment

Construction machinery maker rides reform and opening-up wave to chase big goals

Xuzhou Construction Machinery Group has benefited hugely from China's reform and opening-up, its executives said.

From a company with annual revenue of about 300 million yuan ($43.4 million) in 1989, XCMG has evolved into China's leading machinery giant with a revenue of around 100 billion yuan in 2017.