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2020
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03
The Development History of Mining Machinery
Author:
The status of mining machinery is becoming more fundamental: developed countries emphasize the development of the mining machinery manufacturing industry, which not only occupies a leading position in terms of its share, accumulation, employment, and contribution to the national industry, but also provides an important material foundation for the development and production of new technologies and products in the equipment manufacturing industry, making it an indispensable strategic industry for a modern economy. 2. The trend of cross-border mergers and acquisitions in the mining machinery manufacturing industry is intensifying: modern mergers and acquisitions in mining machinery no longer solely emphasize competition; instead, forming strong alliances to establish mining machinery enterprises has become a primary means of gaining competitive advantages. 3. The structural adjustment of mining machinery is further deepening, with rapid changes occurring in production methods and management models.
Mining machinery, manufacturing industry, competition, developed countries, mergers and acquisitions, development, means, blindly, market share.