SEO:042670), a maker of heavy machinery and diesel engines, has set up a 50:50 joint venture with China's Xuzhou Construction Machinery Group to produce diesel engines in China.
What does XCMG stand for?
XCMG stands for Xuzhou Construction Machinery Group (Xuzhou, China)
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
Other Resources:
We have 1 other meaning of XCMG in our Acronym Attic
- Abbreviation Database Surfer
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Samples in periodicals archive:
These included some of Xuzhou's biggest SOEs, such as Xuzhou Construction Machinery Group Corp.
In 2011, the sales revenue of the top 50 construction machinery enterprises in China accounted for over 80% of the whole industrial revenue, among which, the annual sales revenue of three large-sized enterprises, Xuzhou Construction Machinery Group, Zoomlion and SANY Group all exceeded CNY 80 billion.
Volvo AB, Volvo Construction Equipment, Xuzhou Construction Machinery Group Co.