Sales of mining and quarrying equipment in China

Sales of mining and quarrying equipment in China have seen steady growth in recent years. According to a report by the China Machinery Industry Federation, the country’s mining and quarrying equipment sales reached $14.2 billion in 2017, up 10.9% from the previous year.

One major factor driving this growth is the country’s increasing demand for raw materials such as coal, iron ore, and copper to fuel its rapidly expanding manufacturing sector. To meet this demand, China’s mining and quarrying companies have had to invest in new equipment, including excavators, bulldozers, and crushing and grinding machinery.

The increasing adoption of advanced technologies in the mining and quarrying industry has also contributed to the growth in equipment sales. Companies are increasingly turning to automated equipment and digital technologies to improve efficiency and reduce costs. This has led to a rise in the sales of equipment such as drones and sensors, which are used for surveying and mapping mines, as well as robot trucks and other automated machinery.

In addition, the Chinese government’s efforts to crack down on illegal mining and promote safety in the industry have also played a role in the growth of equipment sales. These efforts have led to the replacement of older, less safe equipment with newer, more advanced models.

Overall, the sales of mining and quarrying equipment in China are expected to continue to grow in the coming years, driven by the country’s increasing demand for raw materials and the adoption of advanced technologies. This growth will likely have a positive impact on the country’s economy and create new employment opportunities in the sector.

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