Development of China's mining machinery industry

In 2008, in replace of the North American market, Chinese market became the largest mining machinery selling market around the world. By the year of 2000, the production of Chinese mining machinery accounted about 50% of the world's total amount, among which crushing equipment such as jaw crusher and impact crusher, grinding equipment and ball mill are of great proportion.

As the mainstay industry of the national economy, mining machinery industry plays an important role in our country's economic construction and social development. In the fields of mine, energy, transportation construction and industrial raw materials, mining machinery continuously provides basic industrial products and energy, which guarantees the healthy development of our national economy. 

With the development of mine discovering, railway, expressway and real estate accelerating the  developing of mining machinery and many year's accumulation, Chinese mining machinery enterprises have made great progress in production scale, technology and so on, and many enterprises are popularly welcomed in the international market. 

According to the statics of mining machinery, all the countries in the world build large amounts of infrastructure to accelerate the development of the country's economy, which also powerfully accelerates the progress of mining machinery industry. In the year of 2010, the gross output of China's crushing equipment industry reached 717.11 billion RMB with an increase of 30.53% by comparison. The sales revenue reached 710.14 billion RMB, which increased 32.38% by comparison, and the total profit reached 49.93 billion RMB with an increase of 50.10% by comparison. It is estimated that by the year of 2015, the sales income of mining machinery industry will make a breakthrough of 1500 billion RMB. Both sales revenue and export amount will double comparing with the year of 2010. Generally speaking, our country's mining machinery industry has eventually become a matured industry. At present, the large enterprises of mining machinery industry respectively have their own advantages. With the inspection of the fiercely competitive market, the basic patten has become in formation.

Undoubtedly, our country's mining machinery industry has also exposed some questions in the developing process, such as the development of top products technology is relatively backward, and the ability of market development is weak. As a result, this requires our country's mining machinery industry strengthen the ability of research and development because breakthrough always comes from large amount of accumulation. Happily, many enterprises in mining machinery industry have realized these requirements. In the development of China's mining machinery industry, we can see that the potential of the market development is very big, and our enterprises will make perfect performance in the mining machinery industry. 

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