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Excavator sales expand 11% on monthly basis

China's major excavator producers posted faster growth in sales last month, data from an industry association showed. The country's 25 leading excavator makers sold a total of 12,346 excavators last month, up 11 percent year-on-year, according to the China Construction Machinery Association. The pace of growth accelerated from the 6.6-percent increase in June. In breakdown, 10,190 excavators were sold in the domestic market, jumping 9.1 percent year-on-year, while exports of the equipment climbed 20.7 percent to 2,156. China's major manufacturers sold a total of 149,553 excavators in the first seven months of this year, up 13.9 percent from the same period last year. During the period, excavator exports surged 35.7 percent from a year ago to 14,491.