Package of Service Promotes Transformation and Upgrading of Mining Machinery

     Date: 07-02-2014     From: Fote Machinery     Author: Fote Machinery

The mining machinery industry serves as the foundation of the national individual industrial system. It’s reported that since the European Debt Crisis, the global mining machinery market has been bearish and the negative growth has happened to the sales market.

Seen from the world mining machinery developing trend, is it possible for the manufacturers to provide the package of service? If so, it will be useful to occupy the largest piece of market. In recent years, the Chinese government changes its policy to focus on the infrastructure construction. Our mining machinery manufacturing has made much progress based on the development related to resources, transportation and raw materials industries, making the mining equipment get large space for future development.

The investing scale of the railway construction in China will increase the mining machinery market demand by 10%. In addition, the express railway network with the high speed railway as the main frame will reach as long as 45,000 km, which offers a good opportunity to the mining machinery industry. Moreover, influenced by the national policies and plans, a new boom will happen to the western areas’ development projects of transportation, water conservancy, urban construction and resource development, thus increasing the market share of the mining machinery.

In fact, the principal driving factors of the mining machinery industry are the increased production or the production transformation of the downstream manufacturing industry and the foundation construction. Therefore, the fixed asset investment will become the direct force that pushes the mining industry’s achievements.

In the mean time, in the year of 2012, the Central Bank reduced its interest and extended the floating section of the interest rate, which excited the short-term rising economy and market oriented reformation. It’s also good to directly promote the development of the machinery, coal and non-ferrous metal industries and indirectly inspire the rapid development of the mining machinery manufacturing.