Chinanews.com, July 27-in response to the claim that "the supply of Chinese aluminum products exceeds demand and the 'rise of government sponsorship' is harming the global aluminum industry," a spokesman for the Ministry of Commerce Feng Feng responded on the 27th that the supply and demand of China's aluminum industry is basically balanced. The rapid development depends on the continuous efforts and continuous technological innovation of China's industry, and exports are mainly to countries with insufficient supply of aluminum products, which is entirely a market behavior.
Gao Feng stressed the above point at today's regular press conference of the Ministry of Commerce, at which he released the recent key work in the business field and answered questions from the media on the spot.
A reporter asked: recently, the US International Trade Commission held in a fact-finding report that the oversupply of Chinese aluminum products and the "rise of government sponsorship" are harming the global aluminum industry. How does the Ministry of Commerce respond to this?
Feng said the Ministry of Commerce took note of the recently released 332 survey report on the competitiveness of the aluminum industry in the United States. The report points out that the rapid development of China's aluminum industry is mainly driven by the strong demand for aluminum in domestic infrastructure construction and construction, in order to meet the needs of domestic economic development, and the supply and demand is basically balanced.
Gao Gao pointed out that the report does not believe that China's aluminum industry is developed by government sponsorship, but by the continuous efforts of China's industry and continuous technological innovation. In addition, China is a big aluminum exporter, but it mainly exports to countries that lack aluminum supply to provide support for local economic construction, which is entirely a market behavior.
Gao Gao said that at present, with the development of economic globalization, the global aluminum industry has been deeply integrated, you have me, I have you. The development of the global aluminum industry is facing certain difficulties, which requires global joint efforts to solve the problem. Because of the increasing domestic demand, China's aluminum processing capacity is developing rapidly. At present, China's aluminum industry is actively promoting supply-side structural reform in accordance with the requirements of the five major development concepts. China is willing to join hands with all aluminum-producing countries, including the United States, to figure out countermeasures, respond together, and make joint efforts to jointly promote the healthy and stable development of the global aluminum industry.