Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's copper industry sees steady performance in 2018

March 25, 2019


Abstract : China's copper industry posted higher production and steady profitability last year, official data showed.

BEIJING, March 24 (Xinhua) -- China's copper industry posted higher production and steady profitability last year, official data showed.

In 2018, the output of copper products amounted to 17.16 million tonnes, up 14.5 percent year on year, according to a report from the Ministry of Industry and Information Technology.

The industry has made technological progress last year, with lower energy consumption during copper smelting and a higher rate of finished copper products.

Combined profits of the sector rose 4.3 percent year on year to 39.6 billion yuan (about 5.9 billion U.S. dollars), slower than 2017 due to trade frictions, the strengthening U.S. dollar and sluggish demand, the report said.

With rising environmental protection pressure, sluggish downstream consumption and tightened solid waste policy, copper consumption saw a slower growth of 2.5 percent at 13.05 million tonnes, the report showed.

Scan the QR code and push it to your mobile phone

Keyword: economy copper-mining

Reading:

Greater Bay Area to bring new growth impetus to Hong Kong: chief executive

Taiwan's monetary authority keeps interest rates unchanged, cuts GDP growth forecast

Companies, consumers to benefit from unprecedented VAT cut

Sichuan announces RMB1.02 trln investment package for key projects in 2019

Thai MPC decides to maintain policy interest rate at 1.75% in line with market prospects

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial