Slower economic development, crusher industry capacity to digest resistance

Apr 17, 2018

In the present unstable global economic development, China has strengthened its policy control over the development of the market economy so as to ensure that China’s economic development can reasonably avoid the risks brought about by the development of the world economy. In particular, since last year, the last financial crisis has caused no major recovery in the world. The European debt crisis has cast a shadow over the development of the world economy.

However, China’s domestic macroeconomic situation cannot be too optimistic. Over the years, the economic bubble formed by real estate and financial industries has pushed up China’s GDP, but it has failed to effectively improve China’s social development level. Inflation and price hikes have become China’s The main factor hindering China's economic development. Therefore, since entering the “Twelfth Five-Year Plan”, “stability for progress” has become the key word for China’s economic development, and the slowdown in domestic economic development has become an indisputable fact.

As an important part of the machinery and equipment manufacturing industry, the crusher industry in China has experienced many years of development. It has introduced foreign advanced technologies to imitation from the past and achieved independent innovation. The development of the crusher industry is closely related to mine construction, infrastructure construction, and real estate construction. Therefore, since the entry into the “Twelfth Five-Year Plan” period, the pace of development of the crusher industry in China should be rationally adjusted in the context of the slowing down of the national economic development speed. However, at present, the issue of excess capacity in the crusher industry in China has already emerged. Although the national market has certain needs under the implementation of policies such as the national expansion of domestic demand, the China Crusher Network points out that it will take a long time for the crusher market in China to digest the current production capacity.

China's crusher industry is relatively large in scale, but it also contains a lot of backward production capacity. Moreover, the phenomenon of repeated construction of low-end production capacity of domestic crusher enterprises is relatively serious, and there is still room for improvement in terms of high-end production capacity. China Crusher Network pointed out that focusing on the immediate interests is the drawback of many crusher manufacturers in China. Blind production, regardless of market demand caused by excess capacity will hinder the overall progress of China's crusher industry. Therefore, the elimination of the backward production capacity of China's crusher industry and the promotion of high-end equipment technology research and development are fundamental solutions to the excess capacity of crushers in China.


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