Chinese investment in Africa bucked the trend
2019-10-15
In recent years, the political and security situation in Africa has generally shown a trend of improvement and stability. The chronic diseases that plagued Africa's stability and development have eased, but the process of integration has become more difficult. Africa is the region with the most potential for mineral resources development in the world. Its total resource value accounts for 23% of the world's total, but its output only accounts for 9% of the world's total. There is also great potential for development. With the overall foreign capital inflow in Africa decreasing 1/5, Chinese enterprises' investment in Africa is growing against the trend. According to the distribution of investment industries, construction, mining, finance, manufacturing, and leasing and business services rank among the top five Chinese investment in Africa.
China Releases First Global Mining Development Report
2019-10-15
On October 10, at the 21st China International Mining Conference, the International Mining Research Center of the China Geological Survey of the Ministry of Natural Resources announced its establishment and released the "Global Mining Development Report 2019" on the spot. The report is the first report released by China on the development trend of global mining industry. Based on massive data, the report comprehensively analyzes the development trend of global mining industry from 2018 to 2019 from the aspects of mining market, supply and demand pattern of mineral resources, development of mining companies, mining policy trends of major countries, and development of mining science and technology, and makes a preliminary prediction on the future industry pattern. The report believes that mining in the global economy
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