Overview of China's Coal Machinery Market

In the recent years, the coal output in China has been greatly increased. During the period of “11th Five-Year Plan”, China will establish new coal mines which total output capacity will reach 300 million tons, and 200 million tons will be put into production. Furthermore, 13 super large coal bases which production capacity will be over 100 million tons will be found in China, and it is planed that the output will reach 2.26 billion tons by the year of 2010, representing 86% of domestic total production. At that time, the mining mechanization of large coal mines in China will reach over 95%, over 80% in the medium coal mines, while 40% in the small ones. Therefore, in the following years, the demand for coal machinery will be rapidly increased in China. It is estimated that the annual domestic demand will be 30-50 billion RMB. The coal machinery market in China will have great development. With the rapid development of China’s coal industry and adjustment of relevant policies, there will be some new changes during the development of China’s coal machinery manufacturing industry: the coal machinery will be developed in the direction of heavy, large, strong, high-power and integration of mechanics and electrics. The competition trend of industry has been turned from “single production manufacture” to “complete equipment manufacture”, and large, intelligent and complete equipment will become the developing trend and focus in the future China’s coal machinery market.

 
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