Influence on Progress of Economy on Mining Industry

In the last century, the “gold rush” of California, USA once has made a fortune for people who selling shovel. As a direct industry to provide technology and equipment for coal industry, the development of mining machinery industry is closely related to the rise and fall of coal industry. So to speak, coal industry is the role who selling the shovels in the exploring of the “Black Gold”.
The economic development of our country now is in the late stage of the industrialization. According to the development speed of the economy, we might need another five or ten years to finish industrialization. In the industrialization process, the service scope of Hongxing Machinery has expanded significantly and this is a historical opportunity of the mining machinery industry.
However, the scientific and technological foundation of the mining machinery industry is not solid, such as cone crusher and sand maker. Since the reform and the opening up, in the mining machinery industry, exchanging market for technology has been the main way of improving the technological level of the products. At the same time, the domestic manufacturing companies also have to contend with the foreign companies. Hongxing Machinery predicts that the development speed of the mining machinery will slow down, so that it is not too early to consider the need of the domestic and overseas mining machinery market in the late industrialization era.
Nowadays, the designing departments of the medium and large-sized mining machinery manufacturing companies have the function of designing single machine and whole sets of equipment, which is able to avoid the disjunction of manufacturing and using. In addition, inside the enterprise, there will form a virtuous cycle of new products promote the development of technology and new technology promotes the development of products. The mining resources have more detailed and more precise innovative requirements to the mining machinery, which is energy conservation, water conservation and environmental protection. To a service-oriented brand integrity, as the professional manufacturer of complete sets of mining machinery, like Mobile impact crusher, Henan Hongxing is always doing the best in products and service.high frequency vibrating screen: http://www.crusher-machine.com/n220.html
Henan Hongxing Mining Machinery Co., Ltd has always devoted to the research of new ball mill and ore beneficiation machines and we are always doing our best to provide the superb products and services to our customers.
As the traditional industry, coal mining industry has developed for several decades, the technology has been matured. With the development of China”s economy, China has become the world”s largest coal producing country. The coal production accounts for almost 50% of the world. It”s no doubt that China is the current largest market for coal mining industry developing. Although the development momentum of China”s coal mining industry is pretty good, however, there are still many problems existing in some areas, such as the key technology patents mainly holds in the hands of foreign companies. Due to the historical reasons, China”s coal mining industry has the obvious advantages in some single products, lacking integrated and large scaled production lines. At present, Chinese market has initially formed relatively complete production chains.