China's new energy vehicle (NEV)  industry  is currently facing tough challenges as it enters a “painful period” after being affected by the decline of the NEV subsidy policy in 2019 and COVID-19. The development of the NEV industry remains as a focus of the Chinese government after the "two sessions” annual meetings chaired by the National People’s Congress (NPC). Various regions in China have introduced stimulus policies on the NEV market. 

In this 2-week webinar special, we will have a deep-dive on the China domestic metals market following the National People’s Congress (NPC) annual meetings.

SMM is delighted to have Mr. Dongshu Cui, Secretary General of China Passenger Car Association for a special presentation at the 5th China International LiCoNi Summit on July 13-14, in Ningbo, China.

China has held the most important political event of the year on Friday May 22- The National People's Congress (NPC) meetings, also known as “Two Sessions” in Chinese.

China should step up efforts to develop a national resource security strategy for domestic iron ore in order to support the development of the iron ore market and enhance the mineral resources guarantee capability of China, said Tan Chengxu, chairman of Ansteel Group and a deputy to the National People's Congress (NPC).

China should promote the recycling and application of steel scrap and encourage the import of high-quality recyclable steel materials, in order to curb the rally in seaborne iron ore prices, said Li Lizhang, chairman of Fujian Sangang Minguang and a deputy to the National People's Congress (NPC). 

In this 2-week webinar special, we will have a deep-dive on the China domestic metals market following the National People’s Congress (NPC) annual meetings.

China will continue to offer 5% cut in industrial and commercial electricity prices till the end of this year and lower the average charges of broadband and leased line by 15%, in a bid to reduce the operating costs of enterprises, said Chinese Premier Li Keqiang as he delivered the 2020 government work report on Friday. 

Sellers of spot copper cathode cut offers on the morning of Friday May 8 as they were keen to cash in while a further rally in copper futures sidelined downstream consumers. 

Stringent coronavirus containment measures imposed by world authorities in March began to take their toll on supply of imported copper scrap in China, which accounts for about 60% of copper scrap consumption in the country, showed the latest SMM survey.