The Irresistible Tendency of Going to the World of Mining

With the rising of labor costs and RMB appreciation and increasing inflationary pressures, stone enterprises rising costs lead to higher product prices, and advantages of China’s stone industry is gradually weakening, some multinational companies began to shift the processing plant to other emerging market countries with affordable costs. So we need a correct understanding of China’s current economic environment, and further solve the problem of overcapacity. Crusher now needs much updating of technology and business models in the industry, rather than the simple expansion of volume size.

China stone production equipment industry has international and domestic markets, while seizing the overseas markets; particularly we should extend emerging market to new countries and seek new growth point. On the other hand, we should focus on fostering and developing the local market, according to the domestic market demands, we develop marketable products, to achieve internal and external needs two-wheel-drive, for the transformation and upgrading of the manufacturing industry , we opened up broader market space; in future competition in the international market, in the face of all sorts of thorny threat, Henan hongxing will be constant innovation and development, and improves the overall quality and level of development and industry itself, and grasps the trend of future changes in the overall pattern, for a development-oriented work in the stone industry.

In recent years, mine machinery equipment production industry occupies an increasingly important position in national economy development, and its function is also increasingly highlight, national financial and policy also began to give more support for innovation and research work give of broken machine, and organize many technology backbone to participate the innovation and research work of broken machine, and promote our new development of broken machine industry. We build our national strong brand, and we can...