Machinery giant plans expansion

Caterpillar banks on China's B&R for sustained growth options

The global head of Caterpillar Inc, the US-based construction machinery behemoth, forecasts robust growth in China this year and plans to invest in several sectors in China, which he considers one of the company's most significant markets.

The bullish view on future sales expansion was buoyed by the country's sustainable economic growth, improved business environment and long-term opportunities related to infrastructure development, CEO Jim Umpleby told China Daily.