China non-ferrous metals trade up 46.5 percent in first 11 months

21:21, December 30, 2010      

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China's non-ferrous metals imports and exports rose 46.5 percent year on year to 108.48 billion U.S. dollars in the first 11 months of the year, the Ministry of Industry and Information Technology (MIIT) said Thursday.

Imports grew 40.6 percent year on year to 83.15 billion U.S. dollars while exports increased 69.6 percent to 25.33 billion U.S. dollars, the MIIT said in a statement on its website.

Output of ten non-ferrous products amounted to 28.75 million tonnes in the period, up 21.4 percent from a year earlier. Refined copper output rose 10.7 percent to 4.18 million tonnes while alumina output rose 27.6 percent to 14.93 million tonnes.

Lead output increased 11.7 percent year on year in the same period to 3.78 million tonnes while that of zinc rose 19.7 percent to 4.74 million tonnes.

In the period, fixed asset investment of non-ferrous metals industries excluding independent gold producers increased 34 percent year on year to 324.6 billion yuan (49.01 billion U.S. dollars) while new projects totaled 359.8 billion yuan, up by 38.2 percent compared with the same period last year.

Source: Xinhua
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