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Machinery industry China factors’ strongest surmounting is not so far

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Industry News
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2018-02-26

Outside the Chinese market, the world top 10 mining machinery manufacturers occupied 85% of the market share, the whole industry control are concentrated in a small enterprises. From the prospective of world mining machinery industry development trend, it becomes more and more important whether the manufacturer can offer "package service" or not. These skills include whether the product production can be completed, and also include manufacturers should provide services for buyers, because that many machines sales will realize through loan. For Chinese manufacturers, how to maintain the existing export momentum and expand its advantage is a very important problem that will be faced in future. 3% ~ 5% of China currently mining machinery products are used for export. The main reason of export is that many of China's manufacturers are expanding their capacity, but sales accounted for only about 70% of the total production, so the exports are becoming the way to sale the excess capacity. And China's domestic product market price is relatively low; China's export products profit is 300% of the domestic products. In addition, in America and Europe mature market, customer payment ability and timeliness are quite good. For Chinese mining machinery manufacturers, China factors are active in mine machinery development trend, which brings more vitality and hopes for china enterprises. See China factor vigor Firstly, the worldwide mergers-and-acquisitions activity is increasing. Outside the Chinese market, the world top 10 mining machinery (crusher) manufacturers occupied about 85% of the market share, the whole industry control are concentrated in small enterprises. Secondly, the world mining machinery (crusher) market growth was in the state of accelerating, among them, China's huge infrastructure construction produce demand is a major promoting factor. China mining machinery (crusher) output occupies or permits 50% of the world's total proportion by 2010. Thirdly, the world mining machinery (crusher) rental market get vigorously developed. In Britain, sales for leasing company for British mining machinery (crusher) total sales’ specific gravity is 75%, North America is 60%, France and Germany were respectively achieved 50% and 40%. China was still far from reaching this level, but after a few years is likely to reach this point.

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