METS Industry In China

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Recommended: Importance of natural resources in the economy

Executive Summary

This report analyze and examine why METS Industry should implement its business in China and what are the positive and negative consequences and conditions of this implementation.

The research made in this report provides that due to the sharp economical and technological development of China, its natural resources know a large demand rate but a major problem might slowed down the exportation rate by 2020.
As China is viewed as the land opportunities for its mining exploitation, METS industry should implement its business to enjoy the profitability of this market by co-operating with a Chinese mining company in order to respect the norms and regulations of the Chinese Government.

As natural resources are becoming more and more scarce, METS Industry should not lose time and focus on the sort period of time. By focusing on a short-term contract, large profits and other benefits will be reached.

Market Research and Analysis

1.0 - The attractiveness of the market for METS industry
Nowadays, some countries are naturally richer than other countries in the world in terms of raw materials.
Through the years, due to the world’s rapid technological development an increase in demand of energy, in manufactured goods and services appeared. China considered as one of the most abundant country in scarce raw materials has viewed its mining market facing a rapid improvement and growth through the past years which allow the development of its mining equipment, technologies and services to be extremely competitive on the market.
According to Austrade, “Despite a recent easing in economic growth compared with the pre-Global Financial Crisis period, China remains the world's largest consumer of minerals and th...

... middle of paper ...

...s, 2013, Co-Operative Joint Venture, viewed 8 May 2014, .

Steinitz, J, 2006, China Open For Business, viewed 8 May 2014, .

Trading Economics, 2014, viewed 8 May 2014, .

Transparency International, 2014, Corruption by Country/Territory, viewed 8 May 2014, .

Wyatt, C & McCurdy, T, 2013, 2013 Ranking of Countries For Mining Investment, viewed 8 May 2014, http://www.google.com.au/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCYQFjAA&url=http%3A%2F%2Fwww.dolbear.com%2F_literature_171586%2F2013_Ranking_of_Countries_for_Political_Risk_or_Where_Not_to_Invest&ei=6u1uU9K2NYr9kAWDu4HYDA&usg=AFQjCNEqLDJuUWnGiHoaN1sj3gw1iN5PGQ&bvm=bv.66330100,d.dGI

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