Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Sept. 29 (Xinhua) — China's relevant departments recently released a plan to promote stable growth in the non-ferrous metals sector, which envisages an average annual growth rate of about 5 percent in the industry's added value in 2025-2026.
According to a plan jointly released by the Ministry of Industry and Information Technology and seven other government agencies, China's production of 10 major non-ferrous metals is expected to grow by about 1.5 percent annually in 2025 and 2026.
The plan also sets out objectives including increasing the annual volume of recycled metals to more than 20 million tonnes, increasing the supply of high-tech products, and enhancing the clean and low-carbon development of the industry.
To promote stable growth in the industry, the plan proposes measures such as achieving breakthroughs in the development of ultra-pure metals and new advanced rare earth materials, as well as promoting the application of rare metals in emerging fields such as integrated circuits and artificial intelligence.
In terms of non-ferrous metal recycling, China will support the establishment of renewable resource recycling bases and strengthen the comprehensive utilization of scrap, including from discarded batteries and end-of-life photovoltaic modules.
China is also implementing a series of stabilization measures targeting 10 key industries, including ferrous metallurgy, non-ferrous metallurgy, petrochemicals, chemicals, building materials, machinery, automobiles, power equipment, light industry, and electronic information, which are vital to maintaining stability in the industrial economy and the national economy as a whole. -0-
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