To stabilize its economy, China’s National Development and Reform Commission announced that Beijing will tighten oversight of new copper and alumina projects. The aim is to curb irrational investment and improve resource efficiency. Leaders in the industry are urged to adhere to strict risk assessment criteria and comply with state regulations.
China Tightens Control on Copper and Alumina Projects
Responding to a surge in irrational investment, the National Development and Reform Commission announced plans to tighten oversight of new copper and alumina projects in Beijing, aiming to curb excess spending and boost sector efficiency.