SMM Summit 2016: China and World Economy to Rebound in 2017

Published: Nov 11, 2016 10:15
Economic growth in China and world at large is expected to bottom out in 2016, said Chen Dongqi at SMM 2016 China Metals Summit (CMS) from Nov. 10-11 in Shanghai.

SHANGHAI, Nov. 11 (SMM) – Economic growth in China and world at large is expected to bottom out in 2016, said Chen Dongqi, Vice President of the Academy of Macroeconomic Research of NDRC, at SMM 2016 China Metals Summit (CMS) from Nov. 10-11. 

Mr. Chen expressed his optimism towards economic output at the summit in Shanghai. 

“Chinese and world’s economy will rebound in 2017, and China’s growth is expected to maintain between 6.5-7 in the future,” Mr. Chen told attendees at SMM Summit, one of China’s largest annual gathering of base metals industry. 

Stay tuned for all the latest updates in SMM 2016 Annual Summit!  

For news cooperation, please contact us by email: sallyzhang@smm.cn orservice.en@smm.cn.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
US Enacts Graham Sanctions Act of 2026, Strengthening Penalties on Russia and Iran
11 hours ago
US Enacts Graham Sanctions Act of 2026, Strengthening Penalties on Russia and Iran
Read More
US Enacts Graham Sanctions Act of 2026, Strengthening Penalties on Russia and Iran
US Enacts Graham Sanctions Act of 2026, Strengthening Penalties on Russia and Iran
On September 18 Eastern Time, the U.S. signed the Graham Sanctions Against Russia and Iran Act of 2026 into law. The act comprehensively strengthens sanctions against Russia, extends relevant sanctions on Iran, and explicitly allows the imposition of so-called "secondary tariffs" of up to 100% on third countries that import Russian oil or natural gas.
11 hours ago
Chilean Copper Output to Stay Low, Disappointing Recovery Hopes for 2026
11 hours ago
Chilean Copper Output to Stay Low, Disappointing Recovery Hopes for 2026
Read More
Chilean Copper Output to Stay Low, Disappointing Recovery Hopes for 2026
Chilean Copper Output to Stay Low, Disappointing Recovery Hopes for 2026
Chilean copper production is likely to remain subdued throughout the year, disappointing market expectations that an H2 recovery could partially offset the severe losses in the first months of 2026.Chilean Finance Minister Jorge Quiroz expects this year's production decline to far exceed the official copper statistics agency's forecast, with only a partial recovery recorded in 2027.
11 hours ago
Xinke Materials (600255) No Expansion Plans for Copper Products, Focuses on Technological Upgrades
11 hours ago
Xinke Materials (600255) No Expansion Plans for Copper Products, Focuses on Technological Upgrades
Read More
Xinke Materials (600255) No Expansion Plans for Copper Products, Focuses on Technological Upgrades
Xinke Materials (600255) No Expansion Plans for Copper Products, Focuses on Technological Upgrades
Xinke Materials (600255) stated at the 2026 semi-annual results briefing held on September 18 that the company has no overall expansion plan for copper plate/sheet and strip products for the time being, while the company is driving the structural upgrading of its full range of strip products through continuous upgrades in technological innovation and precision manufacturing capabilities.
11 hours ago