Till now,the domestic market of mining machinery product still dominates in china. In 2005, 95% products were sold in the domestic market while 4.16% products were sold in the oversea market. But the export trend of mining machinery will enlarge the volume of exports, but the amounts of import will be reduced. About 700 million yuan or higher is expected for the total amount of exports in mining machinery industry in china. The lessen of mining machinery import and export trade deficit will be more and more clear.
Since 1970s, all advanced technologies have been introduced from other countries into mining machinery industry in china. The various cooperation with foreign merchant on the imported machines strengthen Chinese merchant’ understanding to the foreign technology. They make further improvement on the basis of understanding. This leads to independent intellectual property rights on some products in the field of mining machinery.
They can compete with advanced countries in the international market and can be the winner with some advantages. Also, government policy enhances their competition ability.
The reasons for the shrinking of the amounts of import is not only because the technological progress of mining machinery in china, but also because of the adjustment of china’ import policy. In national medium and long-term science and technology development plan(2006~2020), it is clearly to point that introducing,digestion,intake and innovation are inevitable process for the science development in china. And government give supports from many aspects. In opinions on speeding up the revitalization of the equipment manufacturing industry, some tasks are pointed out to develop mining machinery industry. The import tax was adjusted as well.
All these policies influence the import directly or indirectly.
Beneficiation Equipment 