After a four-year hiatus, the Shanghai bauma exhibition, known as a major event in the global construction machinery industry, has returned. From November 26th to 29th, 2024 bauma CHINA was held at the Shanghai New International Expo Centre. According to official information, this year's exhibition has set multiple historical records, with a total area of 0.33 million square meters, expected to attract over 3,400 domestic and foreign benchmark companies from more than 130 countries and regions, as well as over 200,000 global buyers. In response to the signs of recovery in the current industry, Caterpillar expressed that it has been paying close attention to China's economic development, including signs of recovery in the construction machinery industry. The company has been actively monitoring industry trends and new policies, such as launching products that comply with the "National IV" emission standards for off-road mobile machinery. Caterpillar also mentioned, "At the same time, we see demands like equipment upgrades, and we are actively focusing on assisting customers in these areas of equipment needs." (NBD)