Industry Analysis & Industry Trends
The Mining Equipment Manufacturing industry in China mainly provides mine excavation equipment, underground transportation equipment and mineral washing and screening equipment to coal mines, nonferrous metal mines, ferrous metal mines, non-metallic mines and other mines.
The Mining Equipment Manufacturing industry in China has expanded rapidly in recent years. This performance has been due to very high domestic demand from China's coal and metal mining industries resulting from significant increases in mining capacity. Although China imports large volumes of coal, iron ore, bauxite and other resources, the government has authorized greater mining levels in recent years, which has contributed to growth in this industry.... purchase to read more
Industry Report - Industry Investment Chapter
The capital to labor intensity ratio represents the level of capital used for every unit of labor. ACMR-IBISWorld uses depreciation as a proxy for capital, and total wages as a proxy for labor. With an estimated capital to labor ratio of around 0.64 :1 in 2011, the Mining Equipment Manufacturing industry in China is subject to a high capital intensity level.
In the past decade, enterprises in this industry have benefited greatly from the substantial demand for mining equipment from China's mining sector... purchase to read more