The effects of foreign policy on Chinese mining industry With the decline of global resources and resource grade, more and more resource-exporting countries note that the resources are scarce and non-renewable. And the choice of primarily process raw ore and then export will become major trading future of the undeveloped countries which not only can raise the gross domestic product (GDP), but also attract overseas investment. Zambian Minister of Commerce, said that they would promulgate the law to force foreign mining companies to produce blister copper in the country, in order to keep more profit staying in the country. The significance of this event can not be ignored, and other mineral-exporting countries may appear to follow the trend, as for Chinese enterprises, we cannot simply see the increase in the cost of foreign investment, there are also opportunities. According to Chinese Customs statistics, the full year 2011, we imported 2,835,365 tons of copper, among which, 132,162 tons imported from Zambia, occupying 4.66% of the total imports. Read more from Volvo to gain a more clear picture of the situation. Although the proportion of imported copper from Zambia is not high, this is the second country limits ore export after Indonesia announced in 2014 to limit nickel ore exports.
Of course, because of the introduction of relevant local laws, the contradiction of short-term shortage of resources will inevitably exacerbates, existing industry chain overcapacity problem of domestic related items will be more prominent. Besides, China has big of resource requirements; It means overseas investment is increased, which asks not only the capital export, but also technical output. Although this will increase the output of China s investment, in the long term perspective, China will get benefits in energy-saving, environmental protection, structural adjustment and non-ferrous industrial layout. However, n the short term, we need more infrastructure construction; Chinese enterprises should better deal with and coordinate difference contradictions, so that to remain non-ferrous metals resource supply relatively stable. Hongxing machinery produces full set of mining machinery and mineral processing equipment, such as ore processing plant and rock crushers, etc. welcome to inquire. cement plant: Hammer crusher: