Development of mining machinery


Published:

2022-08-30

The mining machinery industry is one of the important basic industries that provide equipment for the mining and processing of solid raw materials, materials and fuels. It serves the important basic industrial sectors such as black and non-ferrous metallurgy, coal, building materials, chemical industry, nuclear industry, etc. Its products are also widely used in the capital construction of basic sectors such as transportation, railways, construction, hydropower, etc. China's mining machinery industry mainly includes seven categories, about 300 varieties and thousands of specifications. Since 2000, driven by the great development of domestic basic industry and infrastructure, the market for mining machinery products has been in great demand. In 2010, the sales volume of China's mining machinery industry exceeded 400 billion yuan. By now, China has surpassed North America, Japan and Western Europe and become the world's largest mining machinery market. The mining machinery industry occupies a pillar position in the national economy, and has made many contributions to the economic construction. Whether from the market development status of China's mining machinery industry or from the global industrial operation situation, China's mining machinery industry is in a historic window period. The next 5-10 years will be an important period for China's mining machinery enterprises to fully or deeply integrate into the world and develop together with the world. The development prospect of the industry is good. It is estimated that by the end of the 12th Five Year Plan period, the sales volume of China's mining machinery industry will reach 900 billion yuan and the export volume will exceed 26 billion dollars.

The mining machinery industry is one of the important basic industries that provide equipment for the mining and processing of solid raw materials, materials and fuels. It serves the important basic industrial sectors such as black and non-ferrous metallurgy, coal, building materials, chemical industry, nuclear industry, etc. Its products are also widely used in the capital construction of basic sectors such as transportation, railways, construction, hydropower, etc.
China's mining machinery industry mainly includes seven categories, about 300 varieties and thousands of specifications. Since 2000, driven by the great development of domestic basic industry and infrastructure, the market for mining machinery products has been in great demand. In 2010, the sales volume of China's mining machinery industry exceeded 400 billion yuan. By now, China has surpassed North America, Japan and Western Europe and become the world's largest mining machinery market.
The mining machinery industry occupies a pillar position in the national economy, and has made many contributions to the economic construction. Whether from the market development status of China's mining machinery industry or from the global industrial operation situation, China's mining machinery industry is in a historic window period. The next 5-10 years will be an important period for China's mining machinery enterprises to fully or deeply integrate into the world and develop together with the world. The development prospect of the industry is good. It is estimated that by the end of the 12th Five Year Plan period, the sales volume of China's mining machinery industry will reach 900 billion yuan and the export volume will exceed 26 billion dollars.