男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
 
Home> Latest News

Private firms eye overseas mining sector

Updated: 2012-11-06 09:45
By Du Juan in Tianjin (China Daily)
Comments() Print Mail Large Medium  Small 分享按鈕 0

Private firms eye overseas mining sector

Machines are in use to load iron ore at Qingdao Port, March 26, 2012. [Yu Fangping/Asianewsphoto]

As private Chinese companies invest more in overseas resources projects, they are seeing advantages from a new source: the acceleration in the global use of the renminbi.

Private mining companies, with the support of domestic banks, should seize opportunities they now have in the overseas resources industry, said Guo Jianwei, deputy director-general at the monetary policy department of the People's Bank of China, at the 2012 China Mining Expo in Tianjin over the weekend.

He also called on banks to pursue a "going-global strategy" and provide complementary services to those companies. Guo said the global use of the renminbi will encourage private companies to make direct investments in foreign countries, adding that domestic banks should prepare for that eventuality.

From 2008 to 2009, private companies invested heavily in the overseas mining industry. But because of the complicated approval process companies must go through to use foreign currency in overseas investments, they also missed many opportunities, Guo said.

That obstacle will be overcome as the renminbi becomes more internationalized, enabling private Chinese companies to make direct investments both domestically and abroad using a renminbi financing system. That will help feed investors' enthusiasm for the overseas mining industry and accelerate the internationalization of the renminbi.

By the end of September, 97.8 billion yuan ($15.5 billion) worth of loans had been approved to be issued from the overseas yuan-financing system, according to figures from the People's Bank of China, the country's central bank.

China began to invest more overseas in recent years, and the percentage of that investment coming from private capital has become larger as well.

In 2011, private companies made non-financial direct investments worth $30.78 billion. That was equal to 44.9 percent of the total investment from China, a percentage up 15.4 points year-on-year, according to statistics from the Ministry of Commerce.

About 13,500 domestic companies have established up to 18,000 companies abroad, among which about 90 percent are private enterprises. Their investments mainly go into mining.

Private mining-exploration companies in China had 14.05 billion yuan in annual revenue on average last year, four times more than the figure for 2007.

The average value of those private mining companies' assets increased from 2.7 billion yuan in 2007 to 18.47 billion yuan last year, according to figures from the All-China Federation of Industry and Commerce.

"The mining sector has become the fourth most attractive industry for China's private investors following the trading, services and financial industries," Yang Yihang, deputy director at the Ministry of Commerce's investment promotion agency, said during the expo.

"In the next 10 to 20 years, China's mining investments will continue to increase strongly as the country will continue to use a lot of mining resources," said Gan Fei, a researcher with the Chinese Academy of Land and Resource Economics.

He said China is making ever-larger private investments into the mining industry and those investments are coming in more and more diverse forms.

Previous Page 1 2 Next Page

Survey & Comments

| About us | Contact |

Constructed by Chinadaily.com.cn

Copyright @ 2012 Ministry of Culture, P.R.China. All rights reserved

主站蜘蛛池模板: 江安县| 张家界市| 周宁县| 垣曲县| 玉环县| 大姚县| 嘉兴市| 张北县| 富平县| 广东省| 灌阳县| 沙河市| 横峰县| 拉孜县| 仪征市| 怀远县| 丹棱县| 桑植县| 花莲市| 金华市| 卫辉市| 醴陵市| 旬阳县| 玉田县| 兴隆县| 南漳县| 荥阳市| 平谷区| 平原县| 永修县| 石景山区| 蕉岭县| 准格尔旗| 曲靖市| 左云县| 新昌县| 肥城市| 乌拉特中旗| 河北省| 焦作市| 沙洋县| 定陶县| 惠东县| 秭归县| 潜山县| 泽州县| 碌曲县| 凤冈县| 阳高县| 青河县| 霍城县| 内江市| 郯城县| 麦盖提县| 恩施市| 普安县| 大丰市| 海宁市| 凯里市| 札达县| 吐鲁番市| 神农架林区| 宜川县| 花莲市| 阜新市| 洪湖市| 茌平县| 宿州市| 和硕县| 民和| 周至县| 隆昌县| 云霄县| 内丘县| 五指山市| 哈巴河县| 清流县| 淮滨县| 买车| 通化市| 杭锦后旗| 双鸭山市|