“ Our development journey has always been closely linked to the modernization of China's infrastructure and the development of its resource and energy industries. ” The 17th China (Beijing) International Exhibition on Construction Machinery, Building Materials Machinery, and Mining Machinery (referred to as the "Exhibition") will be held in late September; BICES 2025” ）During this period, Yang Chengjian, Senior Vice President of Caterpillar, a global construction machinery giant, stated in an exclusive interview with media reporters, including those from Huaxia Times, that:; Since the first batch of 38 pipe cranes began construction operations in China in 1975, Caterpillar equipment has participated in and supported numerous landmark projects across the country, including the Three Gorges Dam and the West East Gas Pipeline, as well as high-speed rail and airport construction projects nationwide. For decades, we have also built the entire value chain in China, covering local manufacturing, research and development, supply chain, services, and a strong network of agents. ”

The entire line“ Attack”

Since the merger of Holt Manufacturing Company and C.L.Best Tractor Company in 1925 to form Caterpillar Tractor Company, this enterprise that started with tracked tractors has established a huge presence in the fields of construction, resources, energy, and transportation over the past century; Mechanical layout;. Looking back on the century long history and half a century in China; Cultivate and cultivate; At the same time, Caterpillar is also building its competitiveness in the next century through a future development core framework consisting of four key areas called AACE (Autonomous Autonomous Driving, Alternative Fuels, Connectivity and Digital, Electrification), and China will play a crucial role in this.

Caterpillar is involved in the fields of construction machinery, mining equipment, non road diesel and natural gas engines, industrial gas turbines, and internal combustion electric locomotives, with a total global sales and revenue of 64.8 billion US dollars in 2024.

Currently, Caterpillar has multiple manufacturing, research and development, and office facilities in China, including Beijing, Tianjin, Suzhou, and Wuxi. These facilities support the production of core products such as excavators, engines, loaders, and serve key areas such as infrastructure, energy transition, and mining. China has strategic significance for Caterpillar, which has always focused on long-term opportunities for economic growth in China.

“ We exhibited a total of 9 pieces of equipment at this exhibition, including a full range of excavators from super large to mini, as well as wheel loaders and wide body dump trucks. These exhibits not only carry Caterpillar's outstanding history, but also showcase our future vision. ” Yang Chengjian revealed to media reporters, including those from Huaxia Times, on the opening day of BICES 2025. “ As Caterpillar celebrates its centennial journey globally, we are proud to showcase these solutions that embody innovative traditions and customer value. For a hundred years, Caterpillar's innovation has driven the development of the modern world. Today, through continuous investment in autonomous driving, alternative fuels, connectivity and digitization, and electrification (AACE), Caterpillar is focused on improving customer productivity, safety, and sustainability for the next century. ”

During BICES 2025, Caterpillar released its first 100 ton ultra large excavator, Cat 3101. Ge Yan, General Manager of Caterpillar's global infrastructure industry in Greater China and South Korea, introduced it to media reporters, including our reporter; Cat 3101 is designed and developed to meet the practical needs of large-scale coal mining projects, helping customers improve operational efficiency and reduce operating costs. It is equipped with a Cat C18TTA twin turbocharged engine with a power output of up to 569kW, and can maintain 100% power output at an altitude of 4500 meters. The widened chassis increases equipment stability and can adapt to more specifications of buckets, increasing customer demand for equipment output and meeting more working conditions. ”

Caterpillar also showcased multiple new products from its mountain machinery brand during BICES 2025, including the all-new electric drive loader 669G (423.9kWh), as well as the 688G loader, 656G loader, and 3110F wide body dump truck.

“ The newly launched 6-ton electric drive loader 669G (423.9kWh) is an important step taken by Shandong Machinery to cope with energy changes and better support customers. ” According to Xie Shuyin, the product director of Shandong Machinery, who introduced to media reporters including our reporter; The whole machine is equipped with an 8-ton automatic transmission and heavy-duty axle, which has strong traction and excellent durability, making it easy to cope with various harsh working conditions. The electronic control system accurately allocates power output, fully unleashes motor efficiency, effectively reduces energy consumption, comprehensively improves operational performance, and brings higher operational efficiency to customers. ”

Change and Challenge

Like many traditional industries with a long history, users in various fields are also facing energy transformation and equipment upgrading issues under information technology, artificial intelligence, and increasingly strict environmental standards. For multinational companies like Caterpillar, they are also facing changes in China's economic environment and market competition issues brought about by the gradual development and growth of local construction machinery manufacturers.

The Chinese construction machinery market is undergoing a transformation towards high-end, intelligent, and green environmental protection, including a significant increase in the utilization rate of equipment such as new energy cranes and unmanned operation vehicles. At the same time, the trend of energy transformation in construction machinery products is gradually emerging. For example, during BICES 2025, domestic construction machinery manufacturer Zoomlion showcased hybrid mining wide body dump trucks with a load capacity of up to 100 tons, as well as hybrid hydraulic excavator products with a load capacity of up to 100 tons.

In addition, many local manufacturers are increasingly showcasing their exploration paths of integrating digital, new energy, and AI technologies into traditional construction machinery at industry exhibitions such as BICES 2025. These include pure electric or hydrogen powered pump trucks, concrete machinery, as well as lightweight pure electric excavators, loaders, and other products. In addition, there are intelligent lifting equipment based on AI technology.

Regarding the challenges brought about by the series of changes in the industry and the potential impact on Caterpillar's future development in the Chinese market, Yang Chengjian told media including reporters from Huaxia Times:; Caterpillar, as a company that has gone through a century of ups and downs, has always been at the forefront of industry innovation and technological development. Over the past century, we have gone through multiple economic cycles and technological changes. The key to sustainable development and maintaining industry leadership lies in always putting customer needs at the core and continuously developing advanced technologies, products, and solutions. ”

“ Innovation is Caterpillar's DNA. Looking back at its century long history, profound changes have occurred in job scenarios, construction methods, and social demands. Customers require more flexible fuel solutions, more environmentally friendly and sustainable operating methods, and higher operational efficiency, which have become long-term development themes. ” In Yang Chengjian's view; Caterpillar is committed to investing in core technologies in the fields of autonomous driving, alternative fuels, connectivity and digitization, and electrification (AACE) to meet the growing demands of customers for performance, durability, and economic value. These are also key measures to address the current and future challenges faced by customers. ”

In addition to hardware equipment, Caterpillar has also announced a series of new service initiatives. According to official statements, its main goal is to help customers reduce operating costs, extend equipment lifecycle, and fully utilize equipment performance.

Yu Wuqiang, General Manager of Caterpillar Infrastructure Aftermarket China, revealed that; Caterpillar and its distributors have jointly developed an equipment power upgrade plan. This service solution achieves emission upgrades and performance optimization by replacing engines, cooling systems, fuel systems, and equipment software, thereby helping customers reduce maintenance costs and extend the service life of equipment. At the same time, it also includes helping customers understand vehicle dynamics in a timely manner through digital platforms, driving decision-making with data to minimize operating costs and downtime. This solution has been widely applied in fields such as municipal engineering, mining, and quarrying. ”

As a highly cyclical industry, the construction machinery industry is significantly affected by changes in the overall economic environment, including market fluctuations in infrastructure, real estate, import and export trade, and many other aspects. Meanwhile, competition from local manufacturing enterprises also poses significant challenges to the competitiveness of multinational corporations.

“ Caterpillar always insists on enhancing its competitiveness and continuously launching products and solutions that meet customer needs. Our competitive advantage is not only reflected in technology and product innovation, but also in our global service network. Through 156 agents, we cover 192 countries and regions worldwide. It can be said that wherever there is construction, there is Caterpillar equipment. ” Yang Chengjian said so.

Responsible Editor: Huang Xingli Editor in Chief: Han Feng