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 DEVELOPMENT OF CHINA'S INDUSTRY |
| Since 2007, with changes in policy and market environments, though the production and sales income of the non-ferrous mental industry maintained a fast development, the growth rate slowed down obviously. From Jan. to Nov., 2007, the accumulative gross value of the industrial output rose by 40.29%, with the growth rate slower than that of the same period in 2006 by 19.7%, and the sales income increased by 40.34%, with the growth rate decreased by 21.18% year-on-year. |
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| STATUS OF FOREIGN INVESTMENT |
| According to the statistics of MOFCOM, 231 foreign investment projects in Non-ferrous Metal industry(Non-ferrous Metal Industry (Code C33) hereinafter is in accordance with the National Economic Industrial Classification (GB/T4754-2202).) were newly set up in 2007, 97 less than that of the same period in the last year, and the amount of the actual utilized foreign capital reached USD 779790,000, up by 5.67ге year-on-year. |
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| COMMITMENTS TO THE WTO AND INTERNATIONAL PRACTICES |
| The following five items are :HS, description, bound rate at date of accession, final bound rate, and implementation |
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| DEVELOPMENT OF GLOBAL INDUSTRIES |
| In 2006 under the background of the prosperous global economy, global nonferrous metal industry weltered, which was unexpected by insiders. Especially the instability of the nonferrous metal market was frightening. Because Chinese economy is booming especially for investment on fixed assets, global supplies of metal turned to be insufficient from surplus and prices significantly hiked |
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