Annual output growth of non-ferrous metals in the 12th Five-Year Plan will be controlled within 8%
2018-05-23 04:01:08
Recently learned that non-ferrous metals will enter the growth period of control, the forthcoming "12th Five-Year Plan" for the non-ferrous metals industry will control the production of ten major metals within the annual growth rate of 8%. During the "11th Five-Year Plan" period, China's non-ferrous metal industry investment grew at an average annual rate of 32.7%, and its main business income increased by 29.4%. China has for many years ranked first in non-ferrous metal production.
Yuan Zhibin, a researcher in the metallurgical industry at China Investment Advisors, pointed out that for a long time, the development of China's nonferrous metals industry has been an extensive expansion at the expense of resources. With the rising cost of resources and the sudden increase in environmental pressure, the existing development mode of the non-ferrous metals industry is insufficient to support the sustainable development of the industry. In order to effectively enhance the market competitiveness of the non-ferrous metals industry, strict control over the growth of the industry can, on the one hand, slow down the excess production capacity. On the one hand, it can set aside time to absorb the existing surplus and backward production capacity.
According to the data, by 2010, the output of ten non-ferrous metal industries including aluminum, copper, lead and zinc reached 31.35 million tons, an increase of 20.4% over the same period of last year. Output consumption accounts for one-third of the world's total, and the main business income was realized. About 3 trillion yuan, the proportion of GDP increased from 1.19% in 2005 to 1.99%. As the development of the non-ferrous metal industry can contribute to the local economy, local governments often become the driving force for the scale expansion of the non-ferrous metals industry.
From the observation and control of the market of several major metals, the supply and demand of basic metals may not be changed in a large scale in the short term. Although administrative measures are currently the main methods of market regulation, it will take time to test whether they will achieve the corresponding effects. How to control the growth rate of 8% will be the focus of the next phase of administrative regulation. In January-February 2011, some non-ferrous metal prices rose significantly, which is more consistent with the historical experience of rising profits in the non-ferrous metals industry during the inflation period. The future market development will focus on the adjustment of the industry structure, and industry leaders may benefit significantly.
According to the "China Nonferrous Metals Industry Investment Analysis and Prospects Forecast Report 2010-2015" released by the China Investment Advisor, it shows that the current non-ferrous metal industry has the following problems in its development. The self-sufficiency rate of bulk mineral products is getting more and more serious; the industrial concentration is low. The elimination of backward production capacity is arduous; the pollution is serious, and environmental protection has a greater impact on non-ferrous metals companies, but there are still no major breakthroughs in environmental protection problems; international trade protectionism has risen and it is extremely unfavorable for China’s exports.
Yuan Zhibin, a researcher in the metallurgical industry at China Investment Advisors, pointed out that for a long time, the development of China's nonferrous metals industry has been an extensive expansion at the expense of resources. With the rising cost of resources and the sudden increase in environmental pressure, the existing development mode of the non-ferrous metals industry is insufficient to support the sustainable development of the industry. In order to effectively enhance the market competitiveness of the non-ferrous metals industry, strict control over the growth of the industry can, on the one hand, slow down the excess production capacity. On the one hand, it can set aside time to absorb the existing surplus and backward production capacity.
According to the data, by 2010, the output of ten non-ferrous metal industries including aluminum, copper, lead and zinc reached 31.35 million tons, an increase of 20.4% over the same period of last year. Output consumption accounts for one-third of the world's total, and the main business income was realized. About 3 trillion yuan, the proportion of GDP increased from 1.19% in 2005 to 1.99%. As the development of the non-ferrous metal industry can contribute to the local economy, local governments often become the driving force for the scale expansion of the non-ferrous metals industry.
From the observation and control of the market of several major metals, the supply and demand of basic metals may not be changed in a large scale in the short term. Although administrative measures are currently the main methods of market regulation, it will take time to test whether they will achieve the corresponding effects. How to control the growth rate of 8% will be the focus of the next phase of administrative regulation. In January-February 2011, some non-ferrous metal prices rose significantly, which is more consistent with the historical experience of rising profits in the non-ferrous metals industry during the inflation period. The future market development will focus on the adjustment of the industry structure, and industry leaders may benefit significantly.
According to the "China Nonferrous Metals Industry Investment Analysis and Prospects Forecast Report 2010-2015" released by the China Investment Advisor, it shows that the current non-ferrous metal industry has the following problems in its development. The self-sufficiency rate of bulk mineral products is getting more and more serious; the industrial concentration is low. The elimination of backward production capacity is arduous; the pollution is serious, and environmental protection has a greater impact on non-ferrous metals companies, but there are still no major breakthroughs in environmental protection problems; international trade protectionism has risen and it is extremely unfavorable for China’s exports.