Chinese mining industry still has good development potential

China International Mining Conference (seventeenth) held in Tianjin in October 21, 2015. Minister of Ministy of Land and Resources Jiang Daming said that the use of China's commodity imports has not been reduced under the situation of sharp decline in commodity prices, the total import and export slowdown. In the first half of this year, oil imports increased by 3.5%, and iron ore imports were essentially flat. By the economic fundamentals of long-term good trend, China and the global mining industry still has a good development potential. China's economic restructuring is to bring development opportunities for the mining industry.

Jiang Daming pointed out that the Chinese economy is entering a new normal. The economic growth began to shift to mid and rapid speed growth, and industry development towards the high-end level. At present, China is coordinating the promotion of new industrialization, informatization, urbanization and agricultural modernization, and actively implement the coordinated development of Beijing, Tianjin, the Yangtze River economic belt, “one belt and one road” and other major regional development strategy, the transformation of the old and new energy to promote energy and mineral resources related needs. In addition, the new round of global industrial revolution is pregnant. The high-tech industries, strategic emerging industries have got a rapid development, formed new economic growth point accelerately. The mineral demand of new energy, new materials continues to grow, which opened up new space for these strategic opportunities for the development of the mining industry.

Jiang Daming said that the Chinese government attaches great importance to the sustainable development of mining, commit to deepening reform, expanding opening up, foster the internal power of development of the mining industry, lay a solid foundation for the mining recovery and prosperity and development.

One is to insist on innovation and development. Vigorously promote institutional innovation, so that the market plays a decisive role in the allocation of resources, play the role of government better, improve the planning and preparation of mineral resources, transfer management, mining rights transfer, saves the use of mining environmental management and other aspects of the system to improve the level of supervision and service, and vigorously promote innovation in management, and promote scientific and technological innovation.

Two is to adhere to the green development. Promote mining green, low-carbon, recycling, and vigorously improve the level of mineral resources saving and comprehensive utilization, improve the development of green mining industry system, carry out the exchange of green policy management standards for the sustainable development of mining.

Three is to adhere to the development of inclusive. Actively construct the equal dialogue, development compensation and benefit sharing mechanism, realize the reasonable distribution of the benefits of mining development in the main body of the relevant interests.

Fourth is to adhere to the development of cooperation. Actively promote the development of mining trade and investment policies and measures to create a good environment for mining investment business, accelerate the construction of important mineral docking coordination mechanism, and constantly deepen mineral exploration, development, processing, trade, investment, prices and other fields, promote the global mining industry chain extension, and actively carry out international cooperation, strengthen the coordination of capital, technical equipment and other aspects of market regulations, and promote interoperability, achieve mutual benefit and win-win cooperation.

As a pioneer in the mining industry, Henan Zhengzhou Mining Machinery Co., Ltd. won the recognition and support of all sectors of society by its first-class products and perfect service. Facing the current situation of the mine industry, ZK insist on innovation and transformation. It still maintains a certain growth in the entire mine industry downturn.