SHANGHAI, Feb 26 (SMM) – China’s planned infrastructure investment and construction projects in 2018 are set to give firm support to metals, SMM learned.
Efforts put into transportation and water conservancy by local governments are set to spur growth in commodities consumption, especially of steel and cement, according to Jiang Xingchun, director of Soochow Futures Study. He added that demand for copper and nickel would also lead the performance of nonferrous metals.
Key investment details are as follows:
Hubei – 195.6 billion yuan in total, 85 billion yuan in transportation
Shaanxi – 500 billion yuan in total, 70 billion yuan in transportation
Fujian – 430.8 billion yuan in total, 85 billion yuan in transportation
Hebei – 800 billion yuan in total, 160 billion yuan in rail transportation, 345 billion yuan in roads, 40 billion yuan in ports, 35 billion yuan in civil aviation, 20 billion yuan in hub stations
Anhui – 70 billion yuan in transportation
Hunan – 196.05 billion yuan in total, 85.59 billion yuan in infrastructure construction, including railways, expressways and airports
Jiangxi – 590 billion yuan in total, 60 billion yuan in transportation
Sichuan – 571.72 billion yuan in total, over 130 billion yuan in transportation
Inner Mongolia – 70 billion yuan in roads
Liaoning – 130 billion yuan in waterway transportation
Jilin – 26.9 billion yuan in transportation
Zhejiang – 215 billion yuan in transportation
Shandong – 94.4 billion yuan in transportation
Henan – 88 billion yuan in transportation
Guangdong – 120 billion yuan in transportation
Guangxi – 100 billion yuan in transportation
Hainan – 180 billion yuan in roads and waterway transportation
Guizhou –165 billion yuan in roads and waterway transportation
Yunnan – 344 billion yuan in total, 140 billion yuan in expressways, 25 billion yuan in railways, 4 billion in civil aviation, and 60 billion yuan in waterway conservancy
Chongqing – 268.5 billion yuan from 2018 to 2020 in transportation
Tibet – 75 billion yuan in transportation
Gansu – 90 billion yuan in transportation
Qinghai – 45.6 billion yuan in transportation
For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
![Os preços do cobre continuaram subindo, o sentimento de espera no mercado foi forte e os prêmios à vista caíram [Análise semanal do cobre catódico à vista no sul da China da SMM]](https://imgqn.smm.cn/usercenter/HhNHP20251217171708.jpg)
