久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Industries

Outbound mining projects on the rise

By Du Juan (China Daily) Updated: 2014-10-22 07:19

Outbound mining projects on the rise

Some participants in the 2014 China Mining Congress and Expo, which opened on Oct 21 in Tianjin, take snapshots of the minerals on display. [Provided to China Daily]

Increasing demand, market realities pushing Chinese companies abroad

China's outbound investment in mining assets rose 83 percent to $24.8 billion last year on the back of the nation's growing appetite for commodities, industry experts said on Monday.

Ban Yongzhi, an official with the foreign investment and cooperation department of the Ministry of Commerce, said China's outbound investment in the mining sector reached $106 billion by the end of 2013 and accounted for 16 percent of China's overall outbound investment.

During the first nine months of this year, China's outbound non-financial investment reached $74.9 billion, up 21.8 percent year-on-year, according to the ministry.

"At present, 1,397 Chinese companies have invested in foreign mining assets like oil and gas exploration, ferrous and non-ferrous metals exploration and refining," Ban said. "Chinese mining companies are accelerating their steps in overseas markets."

Under the new foreign investment management guidelines that were implemented from this month, companies only need to maintain records for outbound investments projects rather than having to get official approvals.

"Up to 99 percent of the projects require only records and a few ones involving sensitive countries or industries still need to go through the approval process," Ban said. "The new guidelines will boost Chinese companies' outbound investment, especially in the mining sector."

China has reduced the approval process for domestic companies that want to invest overseas from 15 days to about three days.

He said many companies chose to invest abroad because they need to improve their production techniques and to be a part of the global supply chain for raw material sourcing.

The Zhejiang-based and privately held mining firm Huayou Cobalt Co Ltd decided to invest in cobalt and copper mining, processing and refining plants in Africa in 2006.

Huayou Cobalt was initially a trading company.

But as China's demand for cobalt, an important raw material for batteries, grew, and with about 90 percent of the demand coming through imports, the company decided to invest in the cobalt mines of Africa, Li Xiaodong, vice-president of the company, said.

Outbound mining projects on the rise

Outbound mining projects on the rise

Glencore's Rio plans hinge on nod from China   Government approves rare earth conglomerates

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 三级c欧美做人爱视频 | 久久在线 | 刺激一区仑乱 | 99久99久6久热在线播放 | 久久青草免费免费91线频观看 | 欧美成人免费tv在线播放 | 女人十八一级毛片 | 国产码一区二区三区 | 国内自拍2020| 在线成人97观看 | 成人国产在线视频在线观看 | a级国产乱理伦片在线观看 a级国产乱理伦片在线观看99 | 欧美老妇免费做爰视频 | 国产日韩精品视频 | fc2成年手机免费共享视频 | 国内精品久久精品 | 老鸭窝 国产 精品 91 | 成人国产精品免费视频 | 美女视频黄视大全视频免费网址 | 米奇久久 | 欧美三级欧美一级 | 国产一区二区久久久 | 韩国美女毛片 | 手机看片日韩日韩 | 亚洲天堂爱爱 | 亚洲欧美偷拍自拍 | 午夜性生活视频 | 久草在线资源 | 国产三级在线观看a | 日韩1页| 美女扒开双腿让男人桶 | 无遮挡一级毛片私人影院 | 亚洲成人在线播放视频 | 全部毛片 | 久久精品二三区 | 欧美激情视频一级视频一级毛片 | 日本特级淫片免费看 | 日本精品1在线区 | 国产三级国产精品国产普男人 | 国产精品国产亚洲精品看不卡 | 欧美性高清视频免费看www |