China's Sany Group aims to boost sales abroad

China's construction machinery giant Sany Group Co., Ltd. said Saturday it aims to boost its sales abroad to 40 to 50 percent of its total sales within five years. The company's overseas sales would reach 10 billion yuan (1.6 billion U.S. dollars) this year, or 15 percent of its total sales, said Liang Wengen, chairman of the company, at a group interview on the sidelines of the 18th National Congress of the Communist Party of China, which opened Thursday. That would put the total sales of the world's sixth largest construction machinery manufacturer at around 66.7 billion yuan this year. The company plans to increase its total sales to 300 billion yuan within a decade, said Liang.