国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Rio Tinto CEO says demand to grow

By Du Juan (China Daily) Updated: 2014-05-29 07:42

Increasingly, foreign companies are spending in China. They can be driven by lower costs or goodwill. They all seek mutual benefit.

In the past four years, Rio Tinto spent $5 billion on Chinese equipment and services.

Walsh said the company will continue to buy in China. That's based on Rio Tinto's active purchasing team of more than 50.

"China's manufacturing is always there. While others think that there's a long way to go, I believe in many ways, China has proved its capability in manufacturing," Walsh said.

During the China Development Forum in Beijing during late March, Walsh spoke on China's manufacturing.

He said running a modern mining business is like running a massive factory, with a global supply chain, advanced technology and production line.

"The majority of Rio Tinto's customers are manufacturers which depend on us for a secure supply of raw materials," he said. "We depend on the health of the manufacturing sector to drive demand for our products. We also depend on them for equipment, technology, and management techniques."

"These drive our business, helping us to keep costs down, by operating as efficiently and productively as possible."

Ten years ago Rio Tinto bought almost nothing from China. Trade was in one direction.. That's changed dramatically. Goods from truck bodies and rail cars to accommodation units and ship loaders bought from China are being used in Rio Tinto's operations around the world.

"This rapid growth in procurement reflects the growth in quality and sophistication of the Chinese manufacturing sector," said Walsh.

Premier Li Keqiang met leaders of foreign companies on March 24. At the meeting, Walsh was the first CEO to ask questions. He said that was because China has a long friendship history with Rio Tinto and the company's size, its scale of business in China. It has done it for more than 30 years.

Rio Tinto CEO says demand to grow Rio Tinto CEO says demand to grow
Steel sector still facing profitability problems  China seeks more influence in setting iron ore prices 

Hot Topics

Editor's Picks
...
...
乐昌市| 乐业县| 镇远县| 伊宁县| 华池县| 宜宾县| 汤阴县| 象山县| 旅游| 区。| 钟山县| 郯城县| 滦平县| 商南县| 泗水县| 无极县| 海南省| 五指山市| 梅州市| 桦川县| 黄龙县| 新蔡县| 尚义县| 澄迈县| 墨江| 灵宝市| 玉树县| 惠安县| 贡嘎县| 来安县| 红原县| 宣化县| 全椒县| 自治县| 寿阳县| 崇义县| 泸定县| 宜兰市| 泗洪县| 谷城县| 安顺市|