Abstract: It is no doubt that today and tomorrow China's mining industry keeps playing the role of a pillar for development of social economy.However,the traditional mining industry is now facing the decline because there are a series of problems in its economic structure.On the basis of discussions about difficulties China's mining industry is facing in the 21st century,and about necessity of reform of China's traditional mining industry's system against the background of world's economy globalization,the correct way of developing new type mining industry in China and the guarantee measures in respect of economic system and political strategy are described.