Today: August 30, 2015, 5:37 am
  

China mining market: $432bn industry by 2017

companiesandmarkets.com
companiesandmarkets.com
China Mining Report Q4 2013 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-18 22:33:01
The changes and reforms enacted in 2012 will continue over the course of 2013 with smaller and less efficient mines being closed, while mid-sized miners will be merged and production consolidated into giant vertically integrated state-owned outfits. Overall, we forecast China´s mining industry value to increase from approximately US$340bn in 2012 to US$432bn by 2017, marking a healthy growth rate of 4.9% per annum.

As 2013 ushers in the third year of China´s 12th Five-Year Plan (2011-2015), we expect the changes and reforms enacted in 2012 to continue. In a bid to curb overcapacity and reduce environmental pollution, the government plans to close smaller and less efficient mines, while mid-sized miners will be merged and production consolidated into giant vertically integrated state-owned outfits. Overall, we forecast China´s mining industry value to increase from approximately US$340bn in 2012 to US$432bn by 2017, marking a healthy growth rate of 4.9% per annum.

Click for report details: www.companiesandmarkets.com/Market/Agriculture-Farming-Raw-Mater ..

Browse all Agriculture, Farming & Raw Materials Market Research Reports www.companiesandmarkets.com/Market/Agriculture-Farming-Raw-Mater ..

Browse all Agriculture, Farming & Raw Materials Company Profile Reports www.companiesandmarkets.com/Market/Agriculture-Farming-Raw-Mater ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com
Related Articles

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.