Ge Honglin, President Of China Nonferrous Metals Industry Association: Encourage Financial Capital To Join Forces With The Metal Industry
On September 13, the Minmetals Industry Finance High-end Forum with the theme of "intelligent integration of mountains and seas, symbiosis and common prosperity" was held in Shanghai. Ge Honglin, president of the China Nonferrous Metals Industry Association, said that the research and dynamic supervision of the metal market will be strengthened, the standardized operation and risk prevention of metal enterprises will be strengthened, and financial capital will be encouraged to join forces with the metal industry.
Ge Honglin pointed out that my country's metal futures market has experienced 30 years of innovation and development, the functions of serving the real economy price discovery and risk management have been continuously enhanced, the integration of industry and finance, and the interaction of futures and currents. , One of the industrial sectors with the strongest ability to respond to the impact of the international market.
In Ge Honglin's view, this is mainly reflected in three levels: First, at the national economic level, the futures market provides decision-making reference for national macroeconomic regulation, industrial policy formulation, and industry operation monitoring; second, at the industry level, the price discovery function of futures , improve the market-oriented allocation efficiency of metal resources, and enhance the market competitiveness of my country's metal industry; third, at the enterprise level, the rational use of hedging tools improves the risk management and control capabilities of real enterprises, and becomes a large and medium-sized metal enterprise to avoid market risks and stabilize production and operation. , an important means of improving quality and efficiency.
Ge Honglin said that it is necessary to continuously strengthen industry self-discipline, stabilize market expectations, maintain market price order, and prevent malicious speculation and irrational sharp rises in metal product prices.
Ge Honglin also said that in building a new dual-cycle development pattern, it is necessary to encourage financial capital to join hands with the metal industry to implement the "going out" mining development strategy, support leading companies to benchmark international mining giants in an all-round way, and do a good job in ensuring supply and stable prices and the industrial chain. The supply chain is safe and stable. In addition, encourage financial capital to support copper and aluminum deep processing enterprises, metal recycling and recycling enterprises, and enterprises using recycled metals for listing and financing.
