Knowledge

The era of China's aluminium industry winning by volume is over. In the first three quarters of this year, China's aluminum industry profits fell 45% year-on-year, loss-losing enterprises nearly 80%, driven by supply-side structural reforms, the aluminium coil industry improved in 2017, this year, the aluminum industry again in trouble, most enterprises are in a loss or flat state. So how on earth can the aluminium industry get rid of the loss "mantra"? Take the road of high quality development.

The just-concluded 2018 China International Aluminium Week gave the answer: to promote the aluminum industry to effectively implement the "innovation, coordination, green, open, shared" concept of development, to achieve high-quality development.

High-quality development is a new concept proposed in this year's government work report, indicating that China's economy has shifted from a high-speed growth stage to a high-quality development stage. As far as the aluminium industry is concerned, how to do it is to be a high-quality development? Aluminum Industry Zhou a number of leaders and experts in the report set out: to deepen the supply-side structural reform as the main line, to promote the development of the industry quality change, efficiency change and dynamic change, in accordance

In the upstream, strict control of the total amount of electrolytic aluminum and alumina under the premise of encouraging enterprises to have energy advantages, resource advantages and environmental capacity advantages of regional replacement capacity, optimize the industrial layout, in the Downstream aluminum processing field, pay attention to product quality, improve product cost performance and adhere to innovation drive and so on.