Chinese Aluminum Processing Industry Sees Dramatic Investment Slowdown Jan.-Jul.-Shanghai Metals Market

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Chinese Aluminum Processing Industry Sees Dramatic Investment Slowdown Jan.-Jul.

Industry News 09:20:00AM Sep 14, 2015 Source:SMM

SHANGHAI, Sept. 14 (SMM) – The investment peak in China’s aluminum processing industry might have come to an end, www.cnal.com reported. 

Fixed asset investment in China’s aluminum processing industry totaled 87.5 billion yuan () January-July, up 4.5% from a year ago, www.cnal.com said. The growth slowed down markedly from over 20% average growth over the past two years. 

The 13th Five-Year Plan period (2016-2020) will see gradual release of the country’s new capacity, accompanied by industry restructuring and upgrading, the media added.   

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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


Chinese Aluminum Processing Industry Sees Dramatic Investment Slowdown Jan.-Jul.

Industry News 09:20:00AM Sep 14, 2015 Source:SMM

SHANGHAI, Sept. 14 (SMM) – The investment peak in China’s aluminum processing industry might have come to an end, www.cnal.com reported. 

Fixed asset investment in China’s aluminum processing industry totaled 87.5 billion yuan () January-July, up 4.5% from a year ago, www.cnal.com said. The growth slowed down markedly from over 20% average growth over the past two years. 

The 13th Five-Year Plan period (2016-2020) will see gradual release of the country’s new capacity, accompanied by industry restructuring and upgrading, the media added.   

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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