XCMG is broadening its business operations into new markets, with a key focus being an increased share of the extraction industry segments. Examples of this can be seen at bauma China in the shape of the firm’s new 50tonne class wheeled loader and its 45tonne class articulated dumptruck. Hanson Liu, assistant president and general manager of XCMG, explained that this widening shift also reflects the firm’s transition from being an equipment supplier to becoming a solutions provider, a vital change in approa