With the increasing demand for infrastructure development, Chinese construction equipment has gained widespread popularity in international markets. Recent data from supply, demand, and customs indicate that the Chinese construction machinery industry is showing signs of recovery since the third quarter of 2022.

Firstly, as to the supply, Chinese construction equipment manufacturers have been investing in research and development, innovation, and automation to increase the production efficiency and reduce costs. The increase in the supply of high-quality and cost-effective machinery has attracted more global customers, resulting in a boost in sales, and ultimately, in revenue. This has helped to increase construction machinery market confidence and sustain demand.

Secondly, as to the demand,the rising demand for infrastructure development in emerging markets such as Africa, India, and Southeast Asia has been buoying the growth of Chinese construction equipment industry. With the Belt and Road Initiative, African countries have been a major destination for Chinese construction machinery. Moreover, the intensifying urbanization and industrialization in rising economies like India and Southeast Asia have bolstered the demand for the construction machinery industry.

Finally, the favorable customs policies in China have provided a conducive business environment for foreign companies dealing in the construction machinery industry. With a simplified import and export system, duty exemptions, and a favorable tax regime, foreign companies have been welcomed to invest in China's construction machinery market. This has facilitated a smooth and efficient flow of goods, ultimately leading to a surge in sales and increased revenue for the industry.

In conclusion, the rebound of China's construction machinery market in 2022 has been driven by a combination of the supply-side, demand-side, and customs policies. Therefore, it is safe to say that with these drivers in place, China's construction machinery market will continue to grow in the coming years, providing impetus for the robust development of infrastructure in both China and abroad.