The non-ferrous metal industry involves many varieties, wide application and outstanding strategic value, and is an important support for the development of strategic emerging industries and national defence science and technology industry, as well as an important area for the maintenance of national resource security and industrial security.
The Work Programme for Stable Growth of Non-ferrous Metals Industry makes it clear that in 2023-2024, the main objectives of stable growth of the non-ferrous metals industry are: to maintain stable growth in the output of copper, aluminium and other major products, to achieve an average annual growth rate of about 5% in the output of ten types of non-ferrous metals, to make positive progress in the development of domestic resources, such as copper, lithium, etc., and to further enhance the quality of supply of non-ferrous metal deep-processed products, so that the supply and demand basically achieve dynamic equilibrium. Operating income will maintain growth, investment in fixed assets will continue to grow, the trade structure will continue to be optimised, greening and intelligent transformation and upgrading will be accelerated, and energy consumption per unit of smelted products, such as copper and lead, will drop by more than 2% per year. Strive for non-ferrous metal industry added value to grow about 5.5% year-on-year in 2023, and more than 5.5% in 2024.
The Work Programme for Stable Growth of the Non-Ferrous Metals Industry puts forward four aspects of work initiatives. The first is to enhance the supply capacity to ensure stable growth of upstream and downstream industries. The second is to increase technological transformation, and promote high-end intelligent green development of the industry. Third, guide product consumption upgrading, cultivate and strengthen the industry's new momentum of growth. Fourth, optimise import and export trade, and enhance the level of openness and cooperation in the industry.
The Work Programme for Stable Growth of the Non-ferrous Metals Industry mentions that it is necessary to expand the international market, actively do a good job as a green and stable supplier of global non-ferrous metal products, implement good foreign trade stabilisation policies and measures, support enterprises to participate in overseas exhibitions to expand orders, and increase export credit insurance support. At the same time, encourage the import of primary products, support smelting enterprises and foreign mining enterprises to sign long-term procurement agreements, increase the import of raw materials such as copper concentrates, bauxite, nickel concentrates, lithium concentrates, cobalt intermediate smelting products.
