The revalued Yuan will help to keep material costs down.
It seems life in China continues as normal.
Much 2008 Beijing Olympics infrastructure remains to be built.
Growth of 8.5%-10% being forecast for the next couple of years.
Stop Press Date: August 01, 2005
CHINA MINING 2005
Anybody with ambitions to be anything in the mining world will already have booked a trip to Beijing in November for CHINA MINING 2005. It will not be just those who have an interest in projects in that vast, and largely unexplored country, but also anyone who want to meet potential buyers for product. Again, this does not just mean buyers of bulk minerals such as iron ore and coal, but any other metals and minerals for which there are no organised end markets such as cobalt, tungsten, molybdenum, tantalum or beach sands to name but a few.
Nor does it end here. The Chinese have shown that they are interested in investing in primary production. Maybe the surplus dollars generated by trade with the US can fill that vital role in funding capital development of mines without recourse to Western banks with their one-eyed focus on hedging.
China has never been as focussed as it is today on strategic co-operation opportunities with the international mining community, both at home and abroad. China’s large resource market, excellent business opportunities, as well as potential for new partnerships and financial arrangements are increasingly attractive to world wide mining enterprises together with their supporting financial and consulting services.
As His Excellency the Vice Premier of the People’s Republic Of China, Zeng Peiyan confirms, “We wish to develop further co-operation opportunities in the international mining industry at all levels and areas of the value chain, in varying manners and approaches, in order to establish a stable, economical and safe supply of resources.”
Last year CHINA MINING 2004 hosted over 1,500 delegates at the Beijing Hotel. This year it is moving to the Beijing International Convention Centre where Asia’s premier mining congress and exhibition will be hosted by the Ministry of Land and Resources. Over 2,000 industry and government leaders are expected from the international and Chinese mining community.
If you haven’t booked yet for November 14 – 17, get your skates on! For details visit www.china-mining.com
It's a good time to start learning Cantonese or Mandarin.
