The growth rate of copper mining and processing investment was significantly higher than that of smelting, and the overall structure of copper industry was in the direction of development. At the same time, although China's copper resources and products are still in short, but the current domestic planning and construction (including expansion and transformation) copper smelting capacity of the overall development of strong. If unchecked, is likely to step China copper smelting aluminum, zinc lead.
China's copper industry investment is generally maintained at a growth trend. January to September this year, copper industry completed 741 billion yuan of investment in fixed assets, of which 177 million yuan investment in copper mines, an increase of 4.55%; processing of copper investment 3.8 billion yuan, an increase of 17%; investment in copper smelting 184 billion yuan, an increase of 4.36%. It can be seen that the growth rate of mining and processing investment is significantly higher than smelting, copper industry structure is more reasonable.
From the consumption situation is not optimistic. Domestically, although China "global manufacturing factory," said, but with the transformation of economic growth mode in China, especially the gradual decline in the proportion of the second industry, RMB foreign revaluation to speed up the pace, labor cost, environmental protection investment increase, will lead to China copper industry before have relatively competitive advantage gradually weakened, the international copper products influx will inevitably, especially technical progress and alternative would reduce unit product demand for copper. Therefore, it is expected that China's consumption of copper in the short term will maintain a certain growth, but the consumption intensity will be significantly weakened, the growth space is very limited. China's copper consumption will gradually tend to be saturated.
From the perspective of production, the cost of copper production in our country is increasing day by day, and the competitive advantage is gradually weakened. Raw and auxiliary materials, energy prices, especially labor, financial costs continue to rise, especially the rapid rise of the exchange rate, will lead to the influx of foreign low-cost copper and products. Build a beautiful China and effectively preventing and controlling heavy metal pollution become the lifeline of copper to the survival and development of enterprises, increasing environmental protection investment will make copper industry in China in the past have low labor costs relatively competitive advantage no longer exist. The development of enterprises and the bearing capacity of the surrounding environment will become a problem which the copper industry must face.
For the trend of the development of copper smelting, Duan Shaofu not without worries that, China currently plan and under construction (including the expansion revamp) copper smelting capacity to more than 200 million tons, the overall presented before the global financial crisis in 2008 of China's aluminum smelting industry development trend. If the situation continues, China's copper smelting is aluminum, lead, zinc, footsteps, and from the view of the resources, domestic copper resources development potential to much worse than bauxite, Pb Zn deposits.
The direction of development of copper industry, he said, at present, the copper industry in China is in a critical period of transformation and upgrading and the development trend of the next few years China's Copper Industry: mining equipment digitalization, smelting enterprises large and fine processing varieties, regeneration industry standardization. Focus on the development, pay more attention to improve resource security capacity; pay more attention to rely on technological progress, and constantly improve the energy-saving emission reduction and environmental protection; more focus on the development of new products, optimize the product structure, and continuously meet the needs of the development of strategic emerging industries; pay more attention to the comprehensive utilization of resources, and constantly improve the quality and efficiency of development, gradually attain the goal by copper industrial powers to power shift.