Import and Export Deficit of Mining Machinery Shrinks

At present, most mining machines made by the Chinese quarry crusher manufacturers are sold in the domestic market which occupies about 95% of the total sales amount. Among these machines, the export ones only take up about 5%. Today the Chinese government starts to consider decreasing the export amount of the mining equipment and to keep the total export amount about 0.8 billion dollars or more. Its the future tendency that the import and export deficit of the mining machinery will shrink. Since the 1980s, the domestic mining machinery enterprises have been introducing the advanced technology from the foreign companies. The close cooperation between the Chinese and foreign enterprises helps each other to understand more and make new breakthrough about their own products. Nowadays, the domestic mining machines are welcome by the customers all over the world for the reasonable price and good quality. We have the same voice as the foreign countries and will surely stand out in the international market. Meanwhile, the import amount of the mining equipment will shrink gradually because the domestic mining enterprises have made enough progress in the technology and performance of the domestic mining machines which can definitely meet all demand in the domestic market. Its not so necessary for us to import equipment from the foreign companies. The government also plays an important role in the fast development of the national mining industry. They give enough support to the mining machinery manufacturers and at the same time they make certain policies to adjust the domestic mining industrial structure. We believe that the shrinking import and export deficit will be good to the domestic economy.