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Chile to attract Chinese "both offensive and defensive:" steady mining advantage

2014-10-24
According to the twenty-first Century economic report October 22nd report, the Chilean Ambassador he George (Jorge Heine) 20 in Tianjin held "the Chilean mining investment opportunities" forum to Chinese entrepreneurs dished out an olive branch, hope that more enterprises to invest in Chile China mineral, food and new energy industry.
The Chilean mining investment opportunity is Chiles national delegation as an official investment Chinese International Mining Conference in 2014 specifically set the seminar, organized by the Committee on foreign investment in Chile and Chilean embassy organization.
Exports to China accounted for more than 79% of copper ore
His 3 months of Chilean Ambassador he George to Chile mineral resources familiar, "not only rich in copper mine in Chile, is also rich in nitrate, iodide and lithium mine, Chile mining contains enormous investment opportunities. It is estimated that by 2015, Chiles copper reserves will reach the worlds copper reserves 28%." He stressed the importance of Asia in particular global investment, economic growth Chinese, "in order to achieve greater success, we should all and on the continent countries hold a common strategy, especially with China."
He said George, Chile is the farthest away from the Chinese country in South America, but the relations between the two countries has very closely, "for Chile, China is Chiles largest trading partner is the most important export destination; for China, Chile in South America is the third largest trade partner. The bilateral trade volume last year reached $33000000000 in Chile, this figure is very exciting." According to its introduction, since the two countries in 2005 signed a free trade agreement since Chile, Chiles exports to China over 4 times, from $5000000000 in 2005 increased to $19090000000 in 2013. While the amount of copper ore in Chile in 2013 exports of $15090000000, copper ore accounted for 79%. He said: "Chile and Chinese have many points in common, is not limited to China is copper consumption power and Chile is the country that copper ore supply. Wisdom in both countries have strong complementarity."
Vice chairman of the Committee on foreign investment in Chile, George Pizarro made a special trip from Chile to Tianjin as Chilean investment to do publicity, "Chile is trying to promote the development of mining industry. The mining industry is one of the most important of the Chilean economy sector, accounting for 44% of the total foreign investment. We believe that not only to mining and mineral exploration activities, but also to the development of the mining industry related service industries, so that more enterprises to join the industry." Deputy director of Limited by Share Ltd Fu Shuixing on behalf of China investment enterprises say exploration Sinotech mineral, "Chile to choose investment advantage very much, the most important is the Chilean government policy on foreign investment is relatively stable and loose, enterprises can be assured to engage in investment business."
At the end of 9 this year, the Chilean mining minister Aurora to participate in international mining resources conference held in Melbourne said that the year 2025, the Chilean mining investment amount will reach about $105000000000. The copper mining industry investment will reach $81000000000, gold, silver and iron ore and other mineral projects will receive a $23000000000 investment. According to the Chilean state copper Commission released the latest "2014-2023 mineral resources investment plan report", 2014 to 2023, the Communist Party of China 54 projects waiting for implementation of Chile mineral investment plan. One of the important position to occupy is still copper projects, a total of 34, accounting for 70% of the total number of projects last year, similar to the data; and the silver and the gold mining project for a total of 10, there are 5 iron ore project.
Since the beginning of this year prices continued to decline, than the 2011 peak down about 1/3. Some experts think that the copper market started by shortages began to shift surplus. But he George do not agree with this view, he said, "10 years ago, the price of copper per pound to $1, the highest when a few years rose to $4, now around $3 I think is a good price, no market is up or down, the short-term fluctuation does not mean to the surplus stage." He said that with Chinas urbanization, Chinese demand for copper will still maintain the growth momentum.
The impact of the worlds top ten food exporting country
In the subsequent interview, he George talked about the 4 major tasks of his presidency on twenty-first Century economic report. The structure of a single problem first is to change the Chilean exports to china. "Copper mine in Chile in 2013 exports of products accounted for 79%, Chile and other mineral resources, in addition to the worlds best red wine, fruit and fresh food." He hopes to achieve Chile during his term of office products in China for export diversification, make copper no longer occupies the absolute advantage.
As the ambassador to China, he George was the president of Chile in India and ambassador to South Africa, with more than 40 years of work experience. He George on the twenty-first Century economic report explains, Chile is currently the worlds seventeenth largest exporter of food products, the future goal is to rank among the world powers before ten 2020 food. To achieve this goal, China is a very important market, "because China is an important engine for the world economic development". 10 years later he hopes that China will not only be the first Chilean copper products export big country of destination, will also be the Chilean fruit, wine, meat and fish products the largest export country of destination.

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