1. Development of China's Economy in 11 th Five-Year Plan" & Economic and Trade Cooperation between China and Latin America.

Transcription

1 April 10, 2012

2 1. Development of China's Economy in 11 th Five-Year Plan" & Economic and Trade Cooperation between China and Latin America In 11th five-year plan, GDP and foreign trade increased 1.18 and 1.09 times respectively China s GDP in 2011 was $ 7.5 trillion & Foreign Trade $ 3.6 trillion (ranked 2 nd of the world) Proportion of Wrold: Steel : 40%; Copper Smelting: 25%; Electrolytic Aluminum:40%

3 1. Development of China's Economy in 11 th Five-Year Plan" & Economic and Trade Cooperation between China and Latin America. Chinese enterprises have been making efforts to improve their resource-providing capacities through various methods Import of 686 million tons of iron concentrates in 2011, increasing by 10.9% YOY Import of copper concentrates of 6.38 million tons in 2011, ranking first in the world China s iron minerals production capacity has increased by over two times from 2005 to now Oversea Resource Exploitation Domestic Resources Exploration Minerals import

4 1. Development of China's Economy in 11 th Five-Year Plan" & Economic and Trade Cooperation between China and Latin America. Product Apparent consumption in 2010(Thousand Tons) Growth rate in Eleventh Five- Year Plan period (%) Apparent consumption in 2015(Thousand tons) Top ten nonferrous metals 34, % 49, % Refined Copper 7,530 15% 9, % Growth rate in Twelfth Five- Year Plan period (%) Top ten nonferrous metals Electrolytic aluminum 15, % 24, % Lead 4, % 6, % Zinc 5, % 7, % Nickle % % Tin 124 4% % Antimony % % Mercury % % Magnesium % % Titanium % % Source: CNIA

5 1. Development of China's Economy in 11 th Five-Year Plan" & Economic and Trade Cooperation between China and Latin America. Close Relations, Coexistence & Co-prosperity between China and Chile as well as Latin America China is Chile s largest trade partner, the largest export destination country and the second largest import source country Bilateral trade value in 2011 reached 188 billion USD, about 17 times of that in 2000 Mineral Area, China s non-financial direct investment to Latin America reached $ 11 billion in 2010.

6 2. China's 12 th Five-Year Plan & Impact on Development of Mineral Industry in Latin-America. 7%, China s economy will keep sustainable development Chinese government set the annual GDP growth rate on 7% from 2011 to % shows that China s economy maintains a positive development. China will maintain a large amount of government investment in the future

7 2. China's 12 th Five-Year Plan & Impact on Development of Mineral Industry in Latin-America. Optimistic expectation on the long term development of mineral industry According to the plan, the construction of railways, roads, inland waterways and aviation networks is to be strengthened. The investment on express railways during the Twelfth Five-Year Plan period is expected to reach about 290 billion USD. Investment on Smart-grids about 250 billion USD Water conservancy facilities about 280 billion USD

8 2. China's 12 th Five-Year Plan & Impact on Development of Mineral Industry in Latin-America. Adjustment, Core of Chinese Economic Development in 12 th Five-year Expand domestic consumption to make it become a new motive force for national economic growth. Transform the development mode, to encourage science and technology to play an essential role in economic development Industry structure: harmonize agriculture, service industry and manufactory industries devote major efforts to develop strategic emerging industries

9 2. China's 12 th Five-Year Plan & Impact on Development of Mineral Industry in Latin-America. Transformation & Upgrading : China's steel and nonferrous industries China's steel consumption in 2015 is expected to be 750 million tons, up by about 19% compared with that of 630 million tons in The output of top ten nonferrous metals will maintain their annual increase rate of 8%, and the total consumption in 2015 is expected to reach 46 million tons.

10 2. China's 12 th Five-Year Plan & Impact on Development of Mineral Industry in Latin-America. Transformation & Upgrading : China's steel and nonferrous industries. Transformation and upgrading will become core contents for the development of steel and nonferrous industries. General index control of Energy Consumption per Unit of GDP and pollution emission in the 12 th Five- Year Plan period has been put forward.

11 2. China's 12 th Five-Year Plan & Impact on Development of Mineral Industry in Latin-America. China s reasonable development, urbanization and industrialization will provide stable and sustainable source of demand in Latin-America Express highways, smart-grids and strategic emerging industries bring opportunities of expanding Chinese market for Latin-American enterprises China s deeply economic structure adjustment and the control on steel and nonferrous industries will slow the trend of rapid increase of demands for mineral products in a way.

12 3. Introduction of China Minmetals & Its International Expansion. China Minmetals is an international metals and mining corporation. It primarily engages in exploration, mining, smelting, processing and trading for metals and minerals, with business scope covering 26 nations and regions. employing 168 thousand workers and controling 9 listed companies home and abroad, ranking NO.228 among the Fortune Global 500 in In nonferrous metals area, Minmetals s Tungsten, Bismuth resources, the outputs of hard alloy, antimony oxide and heavy rare earth Rank 1ST in the world; its zinc ore capacity ranks among the top 3 in the world; its zinc smelting ranks first in China. Minmetals is China s biggest steel trader, and its iron production and trade ability rank among the best in China.

13 3. Introduction of China Minmetals & Its International Expansion. In last 60 years, Minmetals has established healthy partnership and friendship with Latin-American enterprises The first shipment of copper concentrates from Chile to China was operated by Minmetals The long-term purchase agreement of electrolytic coppers valued 2 billion USD signed by Minmetals and CODELCO in 2004 In 2008, Minmetals and Jiangxi Copper acquired Northern Peru Copper.

14 3. Introduction of China Minmetals & Its International Expansion. Minmetals accelerating international step In 2009, it successfully acquired the main property of OZ, the 3rd largest mineral company in Australia and the 2nd largest zinc ore manufactory in the world, with billion USD. Early this year, Minmetals acquired Anvil, which was publicly listed in Australia and Canada, with 1.33 billion USD, increasing electrolytic coppers production capacity of 60 thousand per year.

15 3. Introduction of China Minmetals & Its International Expansion. Minmetals pays more attention to the following-up operation to promote the local economy during its international steps mutual benefit green development local operation marketing operation social responsibility

16 4. Corporation Area between China Minmetals and Enterprises in Latin- America. Ⅰ Mineral products trading and investment area Ⅱ Technology and research in mineral industry Ⅲ Environmental protection & recycling economy.

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