China Business Now

CBN丨5 cities to develop as int'l consumption centres; China will further release metal reserves

China will further release its state reserves of copper, aluminum and zinc to continue to ensure stable prices of commodities and ease cost pressure on firms, the country's top economic planner said Monday. The country has released the first batch of nonferrous metal reserves via public bidding in early July, with a total of 100,000 tons of metals auctioned among over 200 enterprises, said a spokesperson of the National Development and Reform Commission (NDRC) on a press conference. 

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