The mining and metals industry is recovering from one of its most difficult periods in decades. Market volatility and a downturn in commodity prices have created a new normal where cost cuts, automation and operational efficiency are vitally important.
China's First Five-Year Plan (1953-57) had a two-pronged strategy. The first objective was to aim for a high rate of economic growth with an emphasis on the development of heavy industry, …
Resource-based cities play a crucial role in China's economic development. However, they are faced with the challenge of urban shrinkage due to the slowdown of economic growth in China, single industrial structure and …
Despite facing significant macroeconomic challenges, Argentina remains one of the most attractive mining jurisdictions in the world, given both its mineral potential and the stability of its investor-friendly mining policies.
Mongolia has a fast-growing mining sector and a high-potential economy. We present opportunities for businesses and foreign investors.
'The mining industry holds the greatest potential to be a key driver in our economic recovery and long-term growth, especially now that world metal prices are high,' says Finance Secretary ...
This paper investigates China's influence on local economic development in 37 African countries between 1997 and 2007. The analysis compares the average changes in eco-nomic growth, migration, spatial inequality, and welfare for mineral-rich districts, pre- and post-accession, to the corresponding changes in districts without any mineral …
A breakdown of China's GDP suggests that the contribution of industry and retail was more sizable than that of other sectors.
Efficiency in mining green growth is a crucial aspect to monitor the progress of China's local mining industry in the future. This paper presents a framework for three-stage network structure evaluation of mining industry's green growth efficacy.
Chinese mining firm CMOC Group could buy more assets in copper and cobalt-rich Democratic Republic of Congo, and sees further potential for growth in South America and Indonesia, an executive told ...
The clean energy sector as a whole was "the largest driver of China's economic growth overall, accounting for 40% of the expansion of GDP in 2023," CREA said. Investment in the sector soared by ...
A new report published by the Boston University Global Development Policy Center and the African Economic Research Consortium analyzes China-Africa trade, finance and FDI from 2000-2022 to evaluate trends, reveal gaps and identify pathways for China to support Africa's energy access and transition amidst economic challenges and …
The empirical results obtained in this study indicate that all mineral development industries, especially coal mining and washing, and petroleum and natural gas extraction industries, have given a strong impetus to the increase of China's fixed asset investment and GDP.
There's a view that China is likely to provide more support for its economic recovery.
China Q3 2022 data shows economic recovery was faster-than-anticipated but zero COVID and global recessionary trends are hampering efforts.
High commodity prices and rising coal exports are propelling economic growth in Mongolia, allowing the country to develop its robust mineral resources, expand its services sector, and invest in green agriculture and energy.
The idea of green mining was proposed as a practical approach to make the mining industry more sustainable than before. Green mining is a contemporary mining model centered on the sustainability of resources, environment, and socio-economic benefits. Its purpose is to develop and apply technologies and processes that increase …
GDP distribution across economic sectors in China 2013-2023. In 2023, the agricultural sector had contributed around 7.1 percent to the gross domestic product (GDP) of China, whereas 38.3 percent ...
This sustained strong economic performance goes against the accepted wis-dom that even though the mining sector, like other extractive industries, can generate foreign exchange and fiscal revenues, it contributes little to sustained economic growth and, by extension, human development.
China's reach is quietly growing behind minerals critical to a wide range of products that will shape the future. Facing more restrictive foreign investment policies in developed markets, Chinese firms are pursuing such key minerals as lithium and cobalt in other locations. S&P Global believes China will continue to build its influence over ...
India's mining sector contribution to GDP is low compared to major mining countries such as China, the United States, Australia, Brazil and Chile. Further, in recent years India's mining sector has grown at a much slower rate as compared to other mining economies.
Full Year GDP Growth in China increased to 5.20 percent in 2023 from 3 percent in 2022. This page includes a chart with historical data for China Full Year GDP Growth.
This timely volume on China's economic "New Normal" features articles by leading scholars from the Chinese Academy of Social Sciences and other research institutions across the country. A broad range of perennial as well as hot-bottom topics related not just to economic growth but also to its social and political ramifications are covered, …
Henry, head of the world's largest listed mining company, told the conference he expects to see an "increasing domestic drive towards economic growth in China".
However, China's coal consumption decreased by 2.9 percent in 2014 and 3.6 percent in 2015, and the economy has maintained a moderate speed of growth.
China is a major player in the mining industry, supplying a huge portion of metal and coal to the global economy.
Request PDF | On Jan 1, 2010, S. Shao and others published Natural resource abundance, resource-based industry dependence, and China's regional economic growth | Find, read and cite all the ...
The mining output quota in 2024 is estimated at 270,000 metric tons, said Chen Zhanheng, vice secretary general at the Association of China Rare Earth Industry, at an industry conference. That ...
As the underlying industry for energy production, the mining industry contributes to economic growth while consuming large amounts of energy and generating CO2 emissions. This paper adopts the Tapio model to investigate the decoupling process of China's mining industry at the national, regional, and provincial levels.
Heavy investment on energy resources is one of the reasons for the rapid economic growth we have witnessed in China since 2000. Excessive energy consumption growth strengthens China's coal-dominated energy structure. Meanwhile, the supply of energy has been fully converted to net imports, weakening favorable factors for …
Minerals in the National Economy The rate of growth of china's real GDP was 6.1% in 2019 compared with 6.7% (revised) in 2018. The nominal GDP was about $14.3 trillion in 2019. in 2018 (the latest year for which data were available), mining and manufacturing contributed 2.5% and 27.8% to the GDP, respectively, compared with 2.6%
