Outlook and overview of mineral resources situation of China in 2018

In 2018, the global economic growth was weak, the global mining market slowed down, investors’ confidence in the mining market decreased, and mineral prices fell successively.China’s economy and mining market have developed smoothly, oil & gas geological exploration and social investment have rebounded, fixed assets investment in the mining industry has increased, profits in the mining industry have continued to grow, production of mineral products has continued to rise, and imports of mineral products have continued to increase.In the future, the China’s economy will continue to develop steadily, the demand for mineral products will maintain a certain growth rate, the foreign policies will be more open, and the trade in mineral products will further increase.Affected by global trade tensions, geopolitics, and policy uncertainties, the downward pressure on global economic growth has increased, and the overseas mining market is fierce, but it is also an opportunity for mining companies to go global.