Chen Quanxun, the counselor of the State Council and Chairman of the China Nonferrous Metals Industry Association, pointed out at the 2012 China Non-Ferrous Metals Industry Summit - Corporate Culture Forum on the 14th that in the first half of this year, the output of smelting products, economic benefits, and fixed assets of the non-ferrous metals industry The increase in investment and the growth rate of import and export trade declined in four areas, and the electrolytic aluminum sector even faced losses across the board.
Chen Quanxun said that, apart from external factors such as the fall in product prices and rising production costs, the reason for the decline is that the nonferrous metal companies have low technological content, unreasonable organizational structure, low level of management and operation, and weak anti-risk capability.
Chen Quanxun pointed out that during the “11th Five-Year Plan†period, the profits of the entire industry have doubled, mainly due to price and resource factors, and the added value brought by technological progress, management innovation, and market expansion has not dominated. Since the financial crisis, the old development approach has gradually approached the "inflection point." With increasing scarcity of resources, "If companies do not step up their efforts to change their development methods, I am afraid that even maintaining their development will become a problem."
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