Construction machinery industry looks to build on strong year

China's construction machinery industry is expected to increase at a slower and more stable pace in 2019, following some strong sales last year, analysts said.

The words came as latest data showed that sales by China's 25 leading excavator manufacturers surged 45 percent year-on-year in 2018. Excavators, a major type of construction machine, are a key indicator of the industry's robustness.

Between January and December, a total of 184,190 excavators were sold in the domestic market, up 41.1 percent from a year earlier, while overseas sales rose 97.5 percent to 19,100 machines, data from China Construction Machinery Association showed.