China's mining machinery industry will usher in great development during the 12th Five-Year Plan period

Mining machinery is mainly used in energy, transportation and raw materials, and is used for the deep processing of mines and raw materials in the coal, steel, nonferrous metals, chemicals, building materials, and nuclear industries, as well as for the construction of large projects such as railways, highways, and hydropower. Advanced and efficient technical equipment, mining machinery industry is an important indicator of a country's overall industrial strength. It plays a decisive role in economic construction, scientific and technological progress, and social development and is a pillar industry of the national economy. During the "Twelfth Five-Year Plan" period, with the warming of China's energy demand and the acceleration of the urbanization process, the mining machinery industry's market outlook is expected to expire.

After several decades of development, China's mining machinery industry has achieved good results and made significant contributions to China's economic development. According to statistics, in 2009, China produced a total of 3.4 million tons of mining equipment, a year-on-year increase of 5%. In 2010, the output of domestic mining equipment was approximately 420,000 tons, an increase of 19% year-on-year. During the “Twelfth Five-Year Plan” period, China's mining machinery industry will usher in great development driven by the great development of domestic basic industries and infrastructure.

Champ Consulting's machinery industry analyst pointed out that the prospects of China's mining machinery industry can be reflected in three aspects: First, mining machinery is the basis for the country to establish an independent industrial system. It is used as a pillar for the development of basic industries such as energy, transportation, and raw materials. The country’s key support has created a good environment for the development of China’s mining machinery industry. Second, with the rapid development of the national economy, the increasing demand for resources and energy by humans has provided strong driving force for the development of China’s mining machinery. 3. During the “Twelfth Five-Year Plan” period, the scale of investment in railway construction will directly increase the demand for more than 10% of China's mining machinery market, and railway construction, especially high-speed rail construction, will develop rapidly. At the end of the “Twelfth Five-Year Plan” period, the rapid rail network with high-speed railway as its backbone will reach 45,000 kilometers, providing the market opportunities for the development of the mining machinery industry.

As the depth of resource exploitation gradually increases, it begins to extend from the land to the sea. The resource extraction environment is deteriorating. The situation of safe mining is extremely severe. At present, the depth of coal mining in our country has reached 1000m, the concentration of metal ore has reached 1380m, and the depth of mining has increased. In general, mining machinery will develop in the direction of digitization, intelligence, precision, miniaturization, life, and ecology.

The “2010-2013 China Heavy Mining Machinery Market Survey Report” published by Shangpu Consulting pointed out that at present, China has become a major mining machinery manufacturer and has received much attention. Mining machinery is supported by multidisciplinary integration of computer technology and network technology. Facing the economic construction, driven by the market demand, in the harmonious development between mankind and the natural world, the mining machinery industry will face the major needs of the country's economic construction, and will be guided by the scientific concept of development to achieve sustainable and healthy development.