The current construction machinery industrial upgrading, restructuring will be one of the important tasks. According to the historical experience of the developed countries, industrial upgrading is the background of the middle and late industrialization engineering machinery manufacturing industry development, should follow the same trajectory for the future development of China's engineering machinery manufacturing industry. And as the construction machinery industry the most important mining machinery industry, the development of a lot of things:

Easy one: to expand service areas

In the meager profit gradually and new demand slowdown, mining machinery market competition from product competition to value chain competition, transfer from the assembly manufacturing value chain link to the financing lease, remanufacturing, parts supply, repair, second-hand equipment sales and logistics services.

Mining machinery industry to upgrade the direction one is to realize layout of value chain, profit focus from traditional manufacturing to service profit margins. The important part of financial leasing services in the field of mining machinery as an example, the developed countries in Europe and America about 50% of sales to achieve through leasing, financial leasing has become one of the most important means for manufacturers to improve the market competition, but also the industry value chain, the new profit growth point.

Two things: high-end products

From the Japanese construction machinery industry experience, mining machinery is one of the main direction of high-end products. Facing the oil crisis, rising costs and the appreciation of the RMB and a series of adverse factors, Japan actively the development of hydraulic excavators and other high value-added products, and gradually reduce the bulldozers, loaders and other products with low added value proportion. The bulldozer, excavator and loader as an example, high profit rate of hydraulic excavator shipment value ratio increased from 31.54% in 1971 to 68.20% in 1977, while the low value-added bulldozers, loaders, respectively from 31.54% and 36.92% decreased to 17.81% and 13.99%. at the same time, export product structure constantly optimization, high additional hydraulic excavator the value of rapid growth of exports, while the low marginal product decreased obviously.

Three things: the key parts localization

Now China's mining machinery industry core technology is still mainly rely on imports, which will undoubtedly reduce the competitiveness of domestic brands. This phenomenon is not an easy thing, need to take the long view, we establish a perfect parts R & D, production, manufacturing, testing and supply system, the host enterprise should increase support for auto parts enterprises, and at the same time to cultivate technical talents, innovate in production, develop their own characteristics, "key components localization" is China's mining machinery industry in the direction of the efforts and struggle together.