China does not harm global aluminum industry: MOC
Source: www.chinamining.org Citation: People`s Daily Online Date: July 28, 2017
Gao Feng, spokesperson for China’s Ministry of Commerce, has denied reports saying that supply exceeding demand of China’s aluminum products and more support from the Chinese government have damaged the global aluminum industry at a routine press conference on July 27, China News reported.
The spokesperson stressed supply and demand of China’s aluminum products is basically balanced, and unremitting efforts as well as continuous technical improvements in China’s aluminum industry has contributed to its rapid development rather than support from the government.
Gao added that, although China is a major exporter of aluminum products, it mainly exports to countries in short supply of aluminum products in order to support their local economies—normal market activity.
In addition, China is willing to make joint efforts with other aluminum producers, including the U.S., to promote the sound, stable development of the global aluminum industry, the spokesperson noted.
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