Yu L.
Regional Chief Economist - Asia Pacific @ Caterpillar Inc.
About
Serve as the Asia-Pacific Chief Economist for Caterpillar, the world’s largest construction and mining equipment manufacturer, my main responsibility is to provide the economic research and machine industry analysis. My forecasts form a key factor in Caterpillar’s operation and investment decision making in the region. I also support the company’s board and executive meetings, financial releases, investor relations, M&As and strategic studies. I frequently deliver presentations to internal and external executives and industry experts in both English and Chinese. I have developed a deep knowledge of the region’s economy, government policy, construction and mining activity, as well as machinery industry through my 10-year experience with Caterpillar. I have dedicated lots of my time to China, studying its special economic environment, policy, growth model and structural issues. My inputs help to guide the company in marking strategic decisions.
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United States
Machinery
Chinese Construction Industry, Trading, Cross-functional Team Leadership, China economy, Strategic Planning
Experience

Regional Chief Economist - Asia Pacific
中国 北京市区
Role Overview Lead the enterprise business economics functions across the Asia-Pacific region, delivering strategic economic analysis, forecasting, and insights to support enterprise decision-making, sales & operations planning, and long-term capacity strategy. Drive deep market expertise in high-growth regions, with a focus on China, India, Japan, Australia, and Southeast Asia. Key Responsibilities 1. Regional Economic Leadership • Lead the Asia-Pacific business economics team, overseeing macroeconomic analysis and forecasting. • Coordinate with regional Chief Economists to ensure alignment in insights and strategic recommendations. 2. Market Expertise & Industry Analysis • Develop deep expertise in key Markets (China, India, Japan, Australia, and Southeast Asia), understanding diverse market structures and industry ecosystems. 3. Strategic Forecasting & Planning Support • Build short-term market forecasts and long-term strategic outlooks for the construction and mining machinery industry. • Collaborate with Sales & Operations Planning (S&OP) and Capacity Planning teams to support profitable business growth. 4. Executive Advisory & Strategic Engagement • Provide actionable economic insights to senior leadership, supporting Board meetings, financial reports, and strategic initiatives. • Deliver high-impact presentations to internal stakeholders and external partners. 5. Analytical Excellence & Relationship Management • Apply advanced data analytics and economic modelling to drive decision-making. • Work closely with sales & product teams, dealers, suppliers, and customers to align insights with business needs. • Build a strong network of external economists, industry analysts, and subject matter experts. • Conduct field research to stay ahead of market trends.

Chief Economist, Head of the Research Department
Minmetals Futures Co., Ltd. (Subsidiary of China Minmetals Corporation)
Beijing, China
• Led a team of economists and commodity analysts. Research areas focus on China’s macroeconomic trends, steel and iron ore industry dynamics. • Developed and delivered customized research reports, hedging strategies, and trading recommendations, enhancing client risk management and investment decision-making. • Strengthened client relationships by collaborating with sales and marketing teams, organizing high-profile client events, and representing the firm at industry conferences. • Awarded “Best Steel Industry Analyst” by the Shanghai Futures Exchange in 2009 for outstanding market analysis and contributions to the industry.
Education

Economics
• Specialized in international economics, finance, monetary policy, and exchange rates. • Developed strong expertise in quantitative analysis, econometrics, and economic modelling. • Awarded the UK government’s ORSAS (Overseas Research Students Awards Scheme) Scholarship for academic excellence.
Yu L.'s Contact Information
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