NEWS
Analysis of 2016 Market Prospect and Price Trend of China Nonferrous Metal Industry
In the context of monetary easing, in the first half of year, both infrastructures and real estates endeavored to enhance their investment efforts. The recovery of raw material demands has improved the supply and demand structure of the metal market to a certain extent. In the first five months of this year, investments in infrastructure construction amounted to 4.55 trillion yuan, a YOY increase of 19.75%, an increase of 2.5 percent over the previous year. The total investments in real estate development reached a total of 3.46 trillion yuan in the first five months, a YOY increase of 7%, an increase of 6 percent over the previous year. With housing enterprises significantly increasing investments in the first half of the year, new real estate construction area nationwide from January to May shows a 18.3% year on year growth rate, the sales area increased to 33%, and the construction area was also improved compared with the 5.6% in the same period last year.
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Address: Guixi Industrial Park, Jiangxi Province
Sales hotline:86-701-3711666
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