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DEVELOPMENT OF CHINA'S INDUSTRY
In 2008, the development of China's nonferrous industry presented a tendency of decline, and especially the financial crisis caused the domestic and foreign economic situation to further worsen, with the industrial growth distinctively slowing down. In 2008, the total industrial production of China's nonferrous metal industry accumulatively increased by 14.27%, with the growth down 25.06% year-on-year, falling by 9.97%, 11.46% and 13.23% respectively compared with the first three quarters, the first half of the year and the first quarter. And also, the growth of its sub-industries all took on a tendency of accelerating decline, among which affected by the base of 2007, the decline degree in the lead and zinc smelting industry is the largest year-on-year, and that of the nonferrous metal alloy industry the least.
In 2008, the output of the nationwide ten kinds of nonferrous metals amounted to 25.20 million tons, up by 8.2% compared with 2007, with the growth declining 16.2% year-on-year. Among them, output of electrolytic aluminium stood at 13.18 million tons, up by 7.7%, with the growth down 26.1%; output of copper 3.71 million tons, up by 10%, with the growth falling by 7.8%; output of lead 3.26 million tons, up by 19.2%, with the growth rising by 12.2%; output of zinc 3.91 million tons, up by 4.3%, with the growth down 13.8%; output of alumina 22.79 million tons, up by 17.7%, with the growth down 30%.
The deterioration of domestic and foreign economic environment intensified significant decline of the prices of nonferrous metal products, and pushed the sustainable and obvious slowdown of the sales of the nonferrous metal industry. In 2008, the sales value of the nonferrous metal industry increased by 12.52%, with the growth slowing down 26.52% compared with 2007. With respect to its sub-industries, the growth of sales of all sub-industries all obviously declined, among which affected by production, export and obviously declined prices, the sales growth of the lead and zinc industry ran low all the time, and declined after October, with the degree of decline ranking the first of all industries.
In 2008, the export delivery value of nonferrous metals fell by 1.05%, the lowest point of the whole year, with the growth slowing down 3.19% compared with 2007, thus the decline tendency slightly sped up. With respect to sub-industries, export of the lead and zinc smelting industry significantly reduced, and the export growth of nonferrous metal rolling industry in the main sub-industries slowed down 18% year-on-year, triggering the growth of the overall industry to fall; however, the export of the copper smelting, aluminium smelting and the nonferrous metal alloy manufacturing industry was affected by the negative growth of the export in 2007, the growth rose obviously, but from the situation at a link relative ratio, the growth slowdown tendency is distinctive.
As far as the output of export products is concerned, in 2008 export and export amount of such products as the unforged copper (including copper alloy), unforged zinc and zinc alloy and unforged tin and tin alloy dropped and the decline degree was obviously increase from the same period of 2007; and the export of unforged copper and copper materials as well as unforged manganese also fell, but due to the raised prices, the export amount still largely rose; and export and export amount of other products all maintained rapid growth; in view of output of import products, only the import of scrap copper maintained growth while import of other products continuously dropped.
Affected by macro-economic environment, the increasingly fast growth of fixed assets in the nonferrous metal industry in recent several months slowed down to a large degree. In 2008, investment in fixed assets of the nonferrous metal industry amounted to RMB18.54b, up by 43.1%, with the growth rising by 8.2% compared with 2007, but falling by 7.4% compared with the first three quarters. In general, the growth of investment in fixed assets of the nonferrous metal industry is still rather fast, and under the circumstances where the world's economy is stuck in recession, the pressure of the industrial production capacity surplus may be further increased.
STATUS OF FOREIGN INVESTMENT
According to the statistics of MOFCOM, 126 foreign investment projects in Non-ferrous Metal industry(Non-ferrous Metal Industry (Code C33) hereinafter is in accordance with the National Economic Industrial Classification (GB/T4754-2202）.) were newly set up in 2009, 41 less than that of the same period in the last year, and the amount of the actual utilized foreign capital reached USD 919,860,000, up by 0.1％
year-on-year. The number of newly established foreign invested enterprises and the amount of the actual utilized foreign capital accounted for 0.54％and 1.02％
of the national total number or amount of foreign capital absorption in the Non-ferrous Metal industry during the same period.
According to the source of foreign capital, calculated by the amount of the actual utilized foreign capital, in 2009, countries or regions: Hong Kong, Br. Virgin Is, Mauritius, Samoa ranked No.1 to No. 4 in the Non-ferrous Metal industry regarding the amount of FDI, accounting for 35.33%, 22.45%, 7.18%, 5.89% of the total amount of the actual utilized foreign capital of the industry separately.
In Non-ferrous Metal industry in 2009, ten Asian countries/regions (Hong Kong, Macau, Taiwan, Japan, Philippines, Thailand, Malaysia, Singapore, Indonesia and Korea) newly set up 103 enterprises in China, with the actual utilized foreign capital of USD 409,220,000, down by 24.82％
and down by 14.34％
separately year-on-year. The number of the newly established enterprises and the actual utilized foreign capital accounted for 81.75％
and 44.49％
of the national total number or amount of foreign capital absorption in the same period.
The US newly set up 6 enterprises in China, down by 25％
year-on-year; the actual utilized foreign capital reached USD 12,570,000, down by 44.36％
year-on-year. The number of the newly established enterprises and the amount of the actual utilized capital accounted for 4.76％
and 1.37％
of the national total number or amount of foreign capital absorption in the same period.
According to regional foreign capital absorption, 61 foreign-invested Non-ferrous Metal enterprises were newly set up in the Eastern area, with actual utilized foreign capital of USD 639,950,000, accounting for 48.41% and 69.57% of the national total number or amount of foreign capital absorption in the same period. In the Eastern area, Jiangsu, Hebei Province and Guangdong Province ranked among the tops with respect to actual utilized foreign capital, had 21, 4 and 11 newly established foreign-invested enterprises separately, with the actual utilized foreign capital of USD 221,010,000, USD 153,910,000 and USD 134,630,000, accounting for 24.03%, 16.73% and 14.64% of the total amount of the actual utilized capital of the industry in the Eastern area separately.
52 foreign-invested Non-ferrous Metal enterprises were newly set up in the Central region, with actual utilized foreign capital of USD 107,870,000, accounting for 41.27% and 11.73% of the national total number or amount of foreign capital absorption in the same period. In the Central region, Henan Province, Hunan Province and Shanxi Province ranked among the tops with respect to actual utilized foreign capital, had 6, 16 and 0 newly established foreign-invested enterprises separately, with the actual utilized foreign capital of USD 38,900,000, USD 22,060,000 and USD 16,500,000, accounting for 4.23%, 2.4% and 1.79% of the total amount of the actual utilized capital of the industry in the Central region separately.
13 foreign-invested Non-ferrous Metal enterprises were newly set up in the Western area, with actual utilized foreign capital of USD 172,040,000, accounting for 10.32% and 18.7% of the national total number or amount of foreign capital absorption in the same period. Sichuan Province, Yunnan Province and Guangxi Zhuang Autonomous Region ranked among the tops with respect to actual utilized foreign capital, had 3, 1 and 1 newly established foreign-invested enterprises separately, with the actual utilized foreign capital of USD 132,470,000, USD 33,550,000 and USD 5,460,000, accounting for 14.4%, 3.65% and 0.59% of the total amount of the actual utilized capital of the industry in the Western area separately.
According to utilizing manners of the foreign capital, newly established projects of Non-ferrous Metal industry in 2009 are as follows : 33 Chinese-foreign equity joint venture projects, 82 wholly foreign-invested projects, 8 Chinese-foreign contractual joint venture projects. The amount of the actual utilized foreign capital reached USD 141,610,000、USD 713,180,000 and USD 55,470,000 separately. |
