综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global investment active in China's mining

Updated: 2011-11-07 07:14

By Du Juan (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

TIANJIN - China's investment in the mining industry increased 27.9 percent from a year earlier to 2.6 trillion yuan ($409.9 billion) in the first three quarters this year, showing a steady development as against a slower world economy.

China's economy continues to grow in keeping with macro control expectations in a positive direction and the mining industry provides important support for the country's economic and social development, said Wang Min, vice-minister of land and resources.

Although the world economy is fraught with many uncertainties, global investment in the mining industry is still active, said Wang Yongsheng, vice-president of China National Development Bank.

He said many changes were taking place in the country's economic development and the mining industry.

In the first half of 2011, the trade value of 1,379 global mining mergers and acquisition (M&A) reached $ 71 billion, 80 percent year on year, hitting a record high, according to Wang.

However, the data from the Ministry of Land and Resources shows that China accounts for a low share in overseas mining M&A, with an 18 percent decrease in the trade value, accounting for $ 4.7 billion.

Jia Liangqun, vice-president of Shanghai Ganglian E-Commerce Holdings Co Ltd, said the falling number is a sign of the investment enthusiasm in the mining sector cooling down.

He said both the global and Chinese economy will not be worse than it was in 2008. Therefore the steel trade will keep increasing at a moderate level. However, the industry needs to be prepared for a "cold winter" because of the gloomy market scenario.

Chinese resource companies have formed large-scale resource reserves abroad through overseas investment, which ensures the country's resources supply, said Zhang Xiaoqiang, deputy director of National Development and Reform Commission.

"Our overseas investment helps change those countries' resource advantages into economic benefits and creates job opportunities at the same time," Zhang said. "It accelerates development of resources in those countries and their infrastructure construction."

Li Lihui, president of Bank of China, said the bank will enhance cooperation with the players in the mining industry, providing one-stop financing services for the resource companies.

He said the bank has provided loans of 500 billion yuan to Chinese companies in the mining industry to support their overseas expansion.

甘泉县| 三台县| 法库县| 黄冈市| 且末县| 寿光市| 雅江县| 布尔津县| 禹城市| 夹江县| 寻甸| 泸水县| 巴彦淖尔市| 高平市| 阳泉市| 神农架林区| 郑州市| 梁河县| 西畴县| 长岭县| 长阳| 淮阳县| 太谷县| 京山县| 泾川县| 泗水县| 图们市| 南开区| 同江市| 白银市| 蓬莱市| 宁晋县| 阿拉善盟| 石家庄市| 三门峡市| 罗定市| 湟中县| 肇东市| 同江市| 安泽县| 简阳市|