China’s enterprises outbound investment forum of CM2015 held in Tianjin
Source: www.mlr.gov.cn Citation: www.gtzyb.com Date: October 21, 2015
On October 20, China’s enterprises outbound investment forum of CHINA MINING 2015 was held in Tianjin. Representatives present at the conference focused on two issues. The first one was that with the continued downturn of the global mining industry, overseas mining investment is or not a period of strategic opportunity. And the second issue was that where the key points of overseas investment locates.
Representatives present at the conference believed that mining industry has entered into the era of loss, which is a hard time for the development of mining enterprises. From the perspective of invest, commodity prices are low and most of the mineral assets shrink. For example, western mining companies assets fell 60% in five years and China`s mining enterprise assets fell 80% and are experiencing difficulties. These may mark that the mining industry is hitting bottom, but it is not certain that it is the best period for enterprises to merger mine assets.
Some experts pointed out that during the recent 10 years, more and more Chinese mining enterprises invest in overseas, gaining experiences and learning lessons. Lessons from failure included bad timing, wrong target selection and inaccurate value judgment. According to representatives present at the conference, experiences gained from investing overseas included that enterprises should operate honestly with the concept of brand-oriented and keep a good public relations with partner countries, choose the correct development strategy and positioning, strengthen risk control, attach great importance to the performance of the corporate social responsibility and participate in local public welfare undertakings and so on. (Ding Quanli, Zhao Binyan)
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20th-23rd, 2015. We invite you to join the event and to celebrate the 17th anniversary of CHINA MINING with us. For more information about CHINA MINING 2015, please visit: www.chinaminingtj.org.
