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At present, Caterpillar is trying to support China's sustainable economic strategy by reducing product emission standards. Its introduction of clean diesel engines aims to significantly reduce the emissions of nitrogen oxides, hydrocarbons and particulates while reducing diesel fuel consumption and reducing greenhouse gas emissions. Caterpillar also supports research and development of national-level emissions regulations for off-highway equipment at all levels of government in China and promotes the adoption of globally harmonized standards. In addition, Caterpillar will also invest 7.5 million U.S. dollars in the global improvement of air emissions projects including China, and plans to launch a mechanical recycling project - the re-engineering of machinery approaching the life cycle. It can reduce waste and reduce the raw materials used to produce new machinery.
Caterpillar is the world's largest producer of earthmoving, construction and mining machinery, and a major supplier of diesel engines, natural gas engines and industrial gas turbines worldwide. Its sales revenue in 2005 was US$36.34 billion. In recent years, Caterpillar's sales of machinery and engines in China have grown significantly.
Multinational machinery giant favors China
At the 2006 China Development Forum held in Beijing, Le Manli, president of Caterpillar Inc., the world's largest machinery and equipment manufacturer, said that China maintains sustainable economic development and brings companies such as Caterpillar. A great opportunity for development.