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Taian Zhihe Machinery will participate in the CTT Moscow Construction Machinery Exhibition in Russia

From May 28th to 31st, 2024, Tai'an Zhihe Machinery Co., Ltd., booth 425 in Hall 5.

The 24th Russia International Construction and Engineering Machinery Exhibition (CTT Expo) will be held from May 28 to 31, 2024 at the largest Crocus exhibition center in Moscow, Russia. The exhibition covers various fields of engineering machinery, including excavation machinery, earth moving machinery, road construction and maintenance machinery, compaction machinery, concrete machinery, engineering lifting machinery, rock drilling machinery, pneumatic tools, decoration machinery, high-altitude operation machinery, pile construction machinery, municipal and environmental sanitation machinery, industrial vehicles, concrete product machinery, mining equipment, engineering drilling and excavation machinery, steel reinforcement and prestressed machinery, electric tools, power devices and various accessories, electrical accessories and their assemblies, testing and maintenance equipment and their accessories. Construction machinery and engineering machinery parts, automotive parts. At the same time, the International Commercial Vehicle Exhibition (COM VEX), Automotive Parts Exhibition (CTO EXPO), and Logistics Technology Exhibition (LOGISTIKA EXPO) will also be held.

The CTT Expo is the largest international engineering machinery exhibition in Russia, Central Asia, and Eastern Europe. Since its establishment in 1999, the exhibition has been held once a year and has successfully held 23 sessions. In 2023, the exhibition area reached a record breaking 100912 square meters, with a record breaking 62269 professional visitors, not only from Russia, but also from Belarus, Kazakhstan, and other CIS countries. There are 1268 exhibitors from 14 countries, including China and Türkiye. Our association has organized 149 exhibitors and inspection teams. International enterprises participating in the exhibition mainly come from Russia, China, Türkiye, Belarus and other CIS countries and regions. Leading enterprises in China's industry have all participated in large-scale exhibitions.

China and Russia are each other's largest neighboring countries and rapidly developing emerging economies. In 2022, bilateral trade volume exceeded 190 billion US dollars, setting a new historical record. In the first six months of this year, it has already exceeded 150 billion US dollars, setting a new historical record. China has remained Russia's largest trading partner for 13 consecutive years. China's "the Belt and Road" initiative is highly consistent with the strategy of Russia's Eurasian Economic Union, providing good opportunities and regional advantages for the two countries to expand cooperation in infrastructure construction. The lagging infrastructure has become an important factor restricting Russia's economic development. Russia vigorously advocates the construction of the Trans Eurasian Corridor in order to improve the level of infrastructure within Russia. The Russian government has proposed a development strategy for the Far East in order to quickly improve the relatively lagging infrastructure such as roads and railways, and actively joined the Asian Infrastructure Investment Bank to strengthen cooperation with China. The Russian government will allocate 450 billion rubles (approximately 15 billion US dollars) for infrastructure projects, mainly including the construction of the Moscow Kazan high-speed railway, the Moscow Ring Road, the renovation of the Beia Railway, and the Trans Siberian Main Line.

According to customs data, in 2022, China's export of construction machinery products to Russia reached 3.639 billion US dollars, an increase of 70.65%; From January to August this year, exports to Russia reached 4.29 billion US dollars, a year-on-year increase of 135.6%, making Russia the largest target market for China's engineering machinery exports.

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