Heavy Machinery Industry Association

Mining machinery industry maintains steady growth Our country has taken a series of measures to deal with the financial crisis, which can be an umbrella and booster for the mining machinery industry, and leads to the development and growth of a number of mining machinery enterprises. In the current environment, the demand of economic development on energy is more urgent than ever, and the construction and mining equipment market hot climax are also eye-catching. The latest travel statistics show that the profits of the mining machinery industry relatively agencies increase in the first 10 months of 2009, representing an increase of 30.44%, the main business profit margin also increases by 6.17%. China Heavy Machinery Industry Association believes that the international financial crisis have heavy impact on the travel agencies industry, but in support of the policy of stimulating domestic demand, most businesses take a structural adjustment, strengthen the competitiveness of the advantageous industries, and constantly open domestic and foreign markets, which prompt travel agencies industry maintain a rapid, steady growth. With the forthcoming of China s new energy revitalization plan and the adjustment of related development goals, it is expected that by 2020, China s total investment in the field of new energy will over 3 trillion yuan. Investment in the field of new energy will be mainly through market forces, rather than direct government investment.

China s coal-based energy structure determines the construction idea of large coal mines for a long time, and in the fact that the Government has an unprecedented focus on energy efficient environment, building large opencast coal mine will be one of the development directions of China s energy construction. Insiders pointed out that, with the country strengthening the efforts to the construction of the mining resources, hot mine construction market is undoubtedly a good opportunity for mining equipment manufacturers. Chinese mining equipment manufacturers, such as jaw crushers enterprises have also taken measures to fight to share a greater share. Hongxing company specializes in manufacturing ball mill, dryer machine, ore processing equipment, welcome customers to negotiate.

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