subject: China Mining Industry Is A Sharp Sword [print this page] China is a major player in most commoditiesChina is a major player in most commodities. In terms of scale and magnitude, Chinas mining industry ranks third in the world, although production statistics are sketchy. Most of Chinas mineral production is consumed locally by state owned enterprises or banks. The country has about 80,000 state-owned mining enterprises and 200 000 collectively owned mines. Over the years, China has established a mining industry system with a complete range of departments including geology, production, construction, scientific research, design, equipment manufacture, management, education and training. The mining industry is the basic industry of Chinas national economy, which provides abundant mineral raw materials, therefore plays a support role in the development of national economy. Several of Chinas current mining operations are approaching ore reserve depletion, which has resulted in the need to locate and develop existing projects. This, coupled with a desire to encourage foreign investment in several sectors of the mining industry, makes China a highly prospective country. In accordance with the demand for endowment conditions of mineral resources and local economic development, currently Chinese mining investment has gradually shifted to central and western areas which are abundant in mineral resources. China puts forward the stabilization of mineral resource exploration in eastern and central China areas and simultaneously boosts the advantageous mineral resource exploration in western China. According to the requirements for adjusting measures to suit local conditions, scale development and intensive utilization, the state will scientifically divide the planning zones of all sorts of mineral resources, perfect the administration systems in planning sub-districts, coordinate the relationship of the layout of resources prospecting, development and utilization and all kinds of subjects of interests and profits, reasonably divide projects zones and blocks, and scientifically establish the mining rights to facilitate the reasonable layout and optimization allocation of resource development.As the professional manufacturer of complete sets of mining machinery, such as Ore vibrating feeder,Cement plant,Sand making machine, Henan Hongxing is always doing the best in products and service.
