Mining machinery industry is for solid raw materials, materials and fuel mining and processing to provide equipment, one of the important basic industries, services in black and non-ferrous metallurgy, coal, building materials, chemical, nuclear industry and other important basic industries, and its products in the transportation, railway, construction, water conservancy and hydropower and other basic sectors of the infrastructure also has a large number of applications. China's mining machinery industry has seven major categories, about 300 varieties and thousands of kinds of specifications of products.
From 2000 onwards, in the domestic basic industry and the development of basic infrastructure, the mining machinery products market demand, 2010 China mining Machinery Industry sales breakthrough 400 billion yuan, China has surpassed North America, Japan, Western Europe, to become the world's largest mining machinery market. The mining machinery industry occupies the pillar position in the national economy, the function and the contribution is many in the economic construction. Whether from the market development of China's mining machinery industry, or from the global industrial operating situation, China's mining machinery industry is in a historic window. In the next 5-10 years, China's mining machinery enterprises are fully or deeply integrated into the world, and the world common development of an important period, the industry's development prospects are better. It is expected that by the end of "Twelve-Five", China's mining machinery industry sales will reach 900 billion yuan, exports will exceed 26 billion U.S. dollars.
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