Jia Mingxing, vice president of China Nonferrous Metals Industry Association, introduced at a press conference held today that in 2021, there will be 9,031 non-ferrous metal industries above designated size. The total profit of the enterprise was 364.48 billion yuan, an increase of 101.9% over the previous year and a record high.

He said that in 2021, our country’s non-ferrous metal production will maintain steady growth, fixed asset investment will resume positive growth, non-ferrous metal enterprises above designated size will achieve a record high profit, the effect of ensuring supply and stabilizing prices will be remarkable, and the international competitiveness will continue to improve. In general, the non-ferrous metal industry has achieved a good start in the “14th Five-Year Plan”.

Statistics show that in 2021, the output of 10 commonly used non-ferrous metals will be 64.543 million tons, an increase of 5.4% over the previous year and an average increase of 5.1% over the two years. In 2021, the total investment in fixed assets completed by the non-ferrous metal industry will increase by 4.1% over the previous year, with an average growth of 1.5% in the two years.

In addition, exports of major non-ferrous metal products were better than expected. In 2021, the total import and export trade of non-ferrous metals will be 261.62 billion US dollars, an increase of 67.8% over the previous year. Among them, the import value was 215.18 billion US dollars, an increase of 71%; the export value was 46.45 billion US dollars, an increase of 54.6%.