The Chinese Academy of Sciences, with historical origins in the Academia Sinica during the Republican era and formerly also known by that name, is the national academy for the natural sciences of the People's Republic of China (PRC). Collectively known as the "Two Academies (两院)" along with the Chinese Academy of Engineering, it is an institution of China, functioning as the national scientific think tank and academic governing body, providing advisory and appraisal services on issues stemming from the national economy, social development, and science and technology progress. It is headquartered in Xicheng District, Beijing, with branch institutes all over mainland China. It has also created hundreds of commercial enterprises, Lenovo being one of the most famous.
The Shanghai Stock Exchange (SSE) is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other being the Shenzhen Stock Exchange. Shanghai Stock Exchange is the world's 4th largest stock market by market capitalization at US$5.5 trillion as of April 2018. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often manipulated by the decisions of the central government. This is due to tight capital account controls exercised by the Chinese mainland authorities.
The Dalian Commodity Exchange (DCE) is a Chinese futures exchange based in Dalian, Liaoning province, China. It is a non-profit, self-regulating and membership legal entity established on February 28, 1993.
Fastmarkets MB, previously known as Metal Bulletin, is a part of Fastmarkets the leading price reporting, analytics and events organization for the global metals, mining and forest products markets. Fastmarkets' core activity in pricing drives transactions in commodities markets around the world and is complemented by news, industry data, analysis, conferences and insight services. Fastmarkets includes brands such as Fastmarkets MB and Fastmarkets AMM, RISI and FOEX. Its main offices are in New York, London, Boston, Brussels, Helsinki, São Paulo, Shanghai, Beijing and Singapore. Fastmarkets is a part of Euromoney Institutional Investor PLC, a listed company on the London Stock Exchange. Euromoney is a leading international business-to-business information group focused primarily on the global commodities, banking, and asset management markets.
Trade is a key factor of the economy of China. In the twenty-five years that followed after the Communist takeover in 1949, China's trade institutions developed into a partially modern but somewhat inefficient system. The drive to modernize the economy that began in 1978 required a sharp acceleration in commodity flows and greatly improved efficiency in economic transactions. In the ensuing years economic reforms were adopted by the government to develop a socialist market economy. This type of economy combined central planning with market mechanisms. The changes resulted in the decentralization and expansion of domestic and foreign trade institutions, as well as a greatly enlarged role for free markets in the distribution of goods, and a prominent role for foreign trade and investment in economic development.
Hunan Nonferrous Metals Holding Group Co., Ltd. is a nonferrous metals company of China. It is a subsidiary of China Minmetals, which in turn indirectly under supervision of State-owned Assets Supervision and Administration Commission.
CRU Group is a privately owned business intelligence company. The company focuses on the global mining, metals and fertilizers markets. It provides consultancy, market analysis, business analysis, news, data and conferences services.
China Zhongwang Holdings Limited is the second largest industrial aluminium extrusion product developer and manufacturer in the world and the biggest one in Asia and China. The company is headquartered in Liaoyang, China.
The socialist market economy of the People's Republic of China is the world's second largest economy by nominal GDP and the world's largest economy by purchasing power parity. Until 2015, China was the world's fastest-growing major economy, with growth rates averaging 6% over 30 years. Due to historical and political facts of China's developing economy, China's public sector accounts for a bigger share of the national economy than the burgeoning private sector. According to the IMF, on a per capita income basis China ranked 67th by GDP (nominal) and 73rd by GDP (PPP) per capita in 2018. The country has an estimated $23 trillion worth of natural resources, 90% of which are coal and rare earth metals. China also has the world's largest total banking sector assets of $39.93 trillion with $27.39 trillion in total deposits.
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available in an electronic pdf, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets. The publication also plays host each year to a number of industry conferences and events covering the state of various metal markets. It has been hailed for its impartial coverage of the mining and manufacturing sectors, said to be “as vital to the metal-buyer as the ticker is to Wall Street.” "
Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd. known as Zhongjin Lingnan in China or their English name Nonfemet, is a China company engaged in the mining and processing of lead, zinc and other non-ferrous metals. In 2015 financial year, the company also had 0.49% revenue from real estate development.
Tongling Nonferrous Metals Group Holdings Company Limited is a state-owned enterprise involving in extracting copper resources and smelting copper and other non-ferrous metals. It was founded in 1949 in Tongling, Anhui, China and it was put into production in 1952. It is one of the largest copper smelting companies in the country.
Hunan Valin Steel Co., Ltd. is a Chinese state-owned company based in Changsha. Founded in 1997, it is based in Hunan, and is primarily engaged in the smelting, manufacture and sale of iron and steel products, as well as nonferrous metal products. As of 8 November 2016, the company was a constituent of SZSE 1000 Index but not in SZSE Component Index. With a market capitalization of $2.3 billion in May 2015, the company was ranked #1,858 on Forbes Global 2000 list.
China Nonferrous Metal Mining (Group) Co., Ltd. is a Chinese corporation involved with the mining of non-ferrous mineral resources.
The Chinese stock market turbulence began with the popping of the stock market bubble on 12 June 2015 and ended in early February 2016. A third of the value of A-shares on the Shanghai Stock Exchange was lost within one month of the event. Major aftershocks occurred around 27 July and 24 August's "Black Monday". By 8–9 July 2015, the Shanghai stock market had fallen 30 percent over three weeks as 1,400 companies, or more than half listed, filed for a trading halt in an attempt to prevent further losses. Values of Chinese stock markets continued to drop despite efforts by the government to reduce the fall. After three stable weeks the Shanghai index fell again on 24 August by 8.48 percent, marking the largest fall since 2007.
Guangxi Non-ferrous Metals Group Co., Ltd. was a state-owned enterprise of China, based in Nanning, Guangxi Zhuang Autonomous Region. It was managed by the State-owned Assets Supervision and Administration Commission (SASAC) of the Government of Guangxi.
Baiyin Nonferrous Group Co., Ltd. known also as BNMC is a Chinese company based in Baiyin, Gansu Province. The company was the main copper supplier in China.
The Fanya Metal Exchange fraud was a notorious financial scam in China that was operational from 2011 to 2015. The collapse of the exchange sparked a series of nationwide protests against the involvement of Chinese local governments in supporting fraudulent fundraising schemes.
