In order to promote its transformation and upgrading, CHINA MINING Conference and Exhibition 2018 successfully held Mining with Internet Plus Forum, which explored the application of openness, equality, and interaction of Internet in mining industry，
also the big data analysis and integration in the clarification of supply-demand relationship for purposes of optimizing production factors, updating business systems, reconstructing business models, and promoting the transformation and upgrading of the mining economy.
At the forum, Yang Daoling, division chief, Internet Big Data Analysis Center, China National Development and Reform Commission, analyzed the current status and prospects of “the Belt and Road” mining cooperation from the perspective of big data. He mentioned that, the trade volume of mineral products between China and 71 countries along “the Belt and Road” totaled 108.415 billion dollars from 2013 to 2017, accounting for 52.63% of the global total. In the past five years, the proportion of China’s exports of mineral products to countries along the routes in its global mining exports rose from 51% to 55%, while the same of its mining imports fell from 54% to 49%. Russia, Saudi Arabia, Iran, Iraq, Oman, Singapore, South Korea, Indonesia, Malaysia, and the United Arab Emirates made China's top ten trading partners along “the Belt and Road”, with minerals trade volume accounting for 70.01% of that between China and all countries along the routes. Cities having traded more than $50 billion with them were Beijing, Guangdong, Shandong, Liaoning, Fujian, and Heilongjiang; among them, Heilongjiang’s imports from countries along “the Belt and Road” occupied nearly 99% of its foreign trade volume with them. In 2017, the most traded minerals between China and these countries were crude petroleum and crude oil extracted from bituminous minerals, which accounted for 49.41%. From the perspective of mining cooperation, even countries along the routes abounded in gold and possessed strong consumer demand, they were lagging in infrastructure and technology. Chinese enterprises could initiate cooperative development by giving full play to its advantages in resources, technology, capital and talents.
Hu Lishun, chief scientist for data intelligence in Alibaba Cloud Computing Co. Ltd., said that the current applications of industrial data faced problems such as miscellaneous information islands, complex data associations and troubles in data mining caused by clutter. He, therefore, explained the concept, overall structure， data and model of Industrial Brain. And officials in the Information Center of the Ministry of Natural Resources expressed that Mining with Internet plus was a new topic. The next step was to apply big data to analyze the mining situation and studied how to use the new technology of Internet to upgrade marketability of mineral products and promote production efficiency, safety forewarning capabilities, supervision for mining enterprises in the circulation especially trading of mineral products. (Zhao Lei) (Translated by TLRHVC)
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Conference and Exhibition 2018 Was held at Meijiang Convention and Exhibition Center in Tianjin in October 18-20, 2018. We invite you to join the event and to celebrate the 20th anniversary of CHINA MINING with us. For more information about CHINA MINING 2018, please visit: m.balanzskin.com.
