China's largest construction machinery maker, XCMG Group, is targeting 100 billion yuan in annual overseas sales by focusing on eco-friendly and automated technologies. The company aims to become a top-tier global machinery producer.

XCMG Group, mainland China’s largest construction machinery maker, aims to achieve annual overseas sales of 100 billion yuan (US$14.7 billion), luring more international clients by turning its excavators, cranes and specialised vehicles greener and more automated. Yang Dongsheng, chairman of the state-owned machinery giant, told reporters in a media briefing last week that the target would be achieved in line with the company’s ambition of building itself into a top-class machinery producer...