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In the First Two Months of This Year Nonferrous Metals Mining and Dressing Industry Invested 7.5 Billion Yuan, Up by 15.3%

According to relevant economic operation data for the period from January to February this year released by the National Bureau of Statistics, in the first two months the added value of industrial enterprises above designated size actually grew by 6.8% on Y-o-Y basis. Wherein, added value of mining and dressing industry grew by 4.2% on Y-o-Y basis, slightly lower than last year’s added value growth speed of mining and dressing industry (4.5%) in the whole year.

In the aspect of added value of mining related industries, non metal mineral product industry rose by 10.4%, black metal smelting and rolling processing industry rose by 3.5%, nonferrous metals smelting and rolling processing industry rose by 12.7%, metal product industry rose by 9.7%. Outputs of mineral products including petroleum and gas all grew to certain degree. Crude oil was 34.15 million tonnes, up by 1.1%; natural gas 22.5 billion cubic meters, up by 5.5%.

According to the data, between January and February, fixed asset investment of nationwide mining and dressing industry was 55.4 billion yuan, down by 2.6% on Y-o-Y basis, lower than the growth rate of last year’s whole year mining and dressing industry investment (0.7%). wherein, private fixed asset investment of mining and dressing industry was 28.7 billion yuan, down by 10.3%. Viewed from mining and dressing industry segments, coal mining and dressing investment was 14.7 billion yuan, down by 16.3%, recording the biggest decline; wherein, private investment was 8.5 billion yuan, down by 22.9%. Investment of petroleum and natural gas mining industry was 15.2 billion yuan, up by 4.6%; wherein, private investment was 800 million yuan, up by 27.6%. Investment of black metal mining and dressing industry was 6.2 billion yuan, down by 4.4%, recording minus growth for the first time since last year; wherein, private investment was 4.8 billion yuan, down by 8.9%. Investment of nonferrous metals mining and dressing industry was 7.5 billion yuan, up by 15.3%, recording expanded growth margin; wherein, private investment was 4.1 billion yuan, down by 9%. Investment of non metal mine mining and dressing industry was 10.6 billion yuan, up by 3.6%; wherein, private investment was 9.7 billion yuan, up by 2%.

In the aspect of fixed asset investment of mining related industries, investment of non metal mineral product industry was 94 billion yuan, up by 15.6%; investment of black metal smelting and rolling processing industry was 29.3 billion yuan, down by 4.1%; investment of nonferrous metals smelting and rolling processing industry was 32.2 billion yuan, up by 10.7%; investment of metal product industry was 56.5 billion yuan, up by 16.2%.