
China Nonferrous Metals Industry Association: In October, the value added of the large-scale nonferrous metal industry increased by 4.0% year-on-year in real terms
According to the information from the Statistics Department of the China Nonferrous Metals Industry Association, the overall production of the nonferrous metals industry has maintained reasonable growth, and fixed asset investment has shown steady growth momentum. In October, the value added of the nonferrous metals industry above designated size increased by 4.0% year-on-year in real terms (the growth rate of value added is the actual growth rate after excluding price factors); from January to October, the value added of the nonferrous metals industry above designated size increased by 7.4% year-on-year in real terms, which is 0.4 percentage points lower than the increase in the first three quarters, but 1.3 percentage points higher than the increase in value added of the industrial sector above designated size

