China Should Establish Mineral Reserve System, Official Says
This article is for subscribers only.
China should establish a mineral resource reserve system comprised of state and company stockpiles to fuel the country’s long-term economic growth, said an industry official today.
“Mineral reserves should include both mineral resources and finished products,” Xu Xu, president of the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters, said in a printed speech to be delivered at an industry conference in Beijing. “Importing mineral products has become one of the bottlenecks of economic development, threatening China’s economic security.”