Engineering machinery firms strive for energy efficiency

BEIJING - Engineering machinery makers will develop more energy-saving products as industry competition intensifies and the nation presses ahead with its focus on energy efficiency, analysts and industry experts said on Thursday.

"Energy-efficiency will be one of the key trends for domestic engineering machinery makers," said Guo Qiang, an analyst who tracks the machinery sector at Shenzhen-based First Capital Securities.

"As customers start paying more attention to fuel consumption costs, manufacturers will develop more energy-efficient machines to boost sales," he said.