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Tariff cuts fresh proof of opening-up

Reductions cover various sectors and are aimed at boosting trade ties China's new round of reductions in import tariffs, announced on Thursday, highlights the country's commitment to further open up its economy and promote international trade cooperation, officials and experts said. The tariff cuts will cover various sectors like advanced manufacturing, medical care and agriculture, and are aimed at providing high-quality supplies to meet public needs. This will enhance the competitiveness of domestic industries and drive high-quality development, they said. China will implement provisional import tariff rates lower than the most-favored-nation rates on 1,010 items starting Jan 1, according to a statement issued by the Customs Tariff Commission of the State Council. Import tariffs on key resources, equipment and components that are domestically scarce, like gas diffusion layers (key components in various types of fuel cells), will be lowered to facilitate the development of the country's advanced manufacturing industries, the commission said. Certain anti-cancer medications and drugs for rare diseases, as well as relevant raw materials, will be subject to zero import tariffs. Additionally, import tariffs on foods for special medical purposes and other related products will be reduced, the commission said, adding it will better safeguard people's health with high-quality supplies. In a move to support the development of the agricultural sector, import tariffs on sweet corn, coriander and burdock seeds will be trimmed, while export tariffs on high-purity aluminum will be reduced to foster the growth of the country's new materials industry, the commission said. The purpose of the latest tariff reductions is to expand high-standard opening-up and make better use of the resources and markets both domestically and internationally while preserving stability and efficiency in the country's industrial and supply chains, said Wu Hongmei, director of Customs Department at the Ministry of Finance. Another aim is to encourage domestic industries to advance digital transformation and upgrades, improve their competitiveness on the international stage, and foster stronger internal drivers of economic growth, Wu said. The decision to cut import tariffs is driven by multiple factors, including China's own needs, industry development and the desire to enhance the well-being of its citizens, said Tu Xinquan, head of the China Institute for WTO Studies, which is part of the University of International Business and Economics in Beijing. By aligning the pace of tariff reductions with the country's economic requirements, China aims to promote a more open and inclusive economic landscape and create a favorable environment for more foreign businesses to enter the Chinese market, Tu said. China's immense market size presents an array of opportunities for countries worldwide, creating new avenues for international cooperation, said Gao Lingyun, researcher at the Institute of World Economics and Politics, which is part of the Chinese Academy of Social Sciences. The tariff adjustments are a crucial component of China's efforts to build a global high-standard free trade network and facilitate a more seamless flow of goods and investments, promoting shared development globally, Gao said.

2023

12/22

The abandoned mines haunting Indonesia

   Many countries mandate for post-operations clean-up as part of the mining permit issued before operations begin. In areas with effective law enforcement systems, these clauses limit the liability of the extraction company to the letter of the license. While an operation in the US, for example, might risk a legal battle with someone who stubs their toe on a discarded helmet 30 years later, a clean-up clause would specify a company’s specific liability: nothing less, and nothing more. In countries with less effective enforcement of clean-up, these clauses instead represent a hazard themselves. Once operations end, can a contract holder be certain that their liability ends? Can they be sure that the government will take note of the standard of clean-up? In 30 years’ time, will that government accuse the license holder of not fulfilling their contract, or of actions they were never liable for in the first place? These are questions that Indonesian mining companies ask themselves with no clear answer. Some in power certainly have the will to ensure effective post-operations mine clean-up and registration, but face a daunting task to improve mining logistics in the country. As it stands, 2,000 unregistered mines could stand in the way of the country’s bright future. Indonesia, abandoned mines, and the consequences of corruption As the world’s greatest thermal coal exporter, mining plays a big part in the economy of Indonesia. Indonesian law holds mining companies responsible for cleaning up after excavation, but these laws often go unenforced.   Part of the problem lies with the laws themselves. Ecologist David Woodbury wrote for non-profit Mongabay: “The law states that coal companies must restore the ‘original condition’ of the landscape — an unrealistic target that even in the best-case scenarios is not supported by current science on mine rehabilitation.   “By suggesting that restoring the ‘original condition’ is possible, the law clouds the extent and scale of degradation left behind after surface mining. It misrepresents what is feasible through ecological rehabilitation,” Woodbury finished.   Without effective enforcement, mine restoration becomes an ’unnecessary’ expense for those driven only by profit. Cleaning up mines makes whoever does it less competitive with no tangible reward.   This does not mean that the average Indonesian has no interest in cleaning up ex-mines. Between 2014 and 2020, 168 people died after falling into abandoned pits, which are often steep-sided and filled with water. A parallel industry of illegal mining causes some of these, while also putting workers at risk with no consequences, and with no liability to clean up after the end of operations.   Our Head of Legal and Network Division, Muh Jamil, stated on @KompasTV that there are several roles of the police officials in backing the illegal mining operations according to JATAM’s finding.#illegalmining #coalmining #mineralmining #Polri #percumalaporpolisi #tambangilegal pic.twitter.com/HBddlRLeKS   — Mining Advocacy Network – Indonesia (@JATAMupdates) November 29, 2022 According to the Indonesian Ministry of Mineral and Energy Resources, 2,741 illegal mines operate in the country. These illegal operations can only survive by paying local law enforcement for their silence, which Indonesian mining trade body JATAM says happens on several levels.   Cleaning up Indonesian mining means cleaning up Indonesian police This dynamic of miners paying officials off-the-record bears many of the hallmarks of more above-board legal processes, so in theory, the transition to a more robust legal framework may not be out of the question. But recently, the spotlight has turned onto the Indonesian police.   In late 2022, simultaneous scandals saw government reports blame police for a massive crowd disaster, an officer accused of drug trafficking, the high-profile trial of a police general and a former officer admit to the police’s systematic involvement in illegal mining.   The country’s police force struggles with allegations of corruption, brutality and acting above the law. A report by consultancy Gan Integrity says that two in five Indonesians consider most or all of the police as corrupt. Approximately 30% of Indonesians have paid bribes to police.     https://www.mining-technology.com/features/abandoned-mines-indonesia-kalimantan/  

2023

03/20

What are the copper flotation collectors?

Xanthate is the most important collector in copper sulfide flotation and can be used in combination with other selective collectors. Butyl xanthate has high surface activity, and ethyl xanthate has good selectivity. When butyl xanthate and ethyl xanthate are used in combination as mixed collectors, the technical index grade and recovery rate obtained are kept at a high level. . Black medicine is the second most important collector of sulfide ores. In production practice, black medicine has a weaker ability to collect sulfide ores and a slower flotation rate. In contrast, black medicine is more selective for iron sulfide minerals than xanthate. A third important class of collectors are thiocarbamates. Thiocarbamate has higher selectivity and stability than xanthate and black drug, but it is generally considered that it is not enough for strong collection of copper sulfide minerals. The selectivity of thiocarbamates for iron sulfide minerals is higher than that of xanthate and nigra. In the flotation of polymetallic sulfide ores, methylthiocarbamate has a very effective collection performance for copper and zinc minerals. In the flotation of a copper sulfide ore, ethyl xanthate and amyl xanthate are used in combination. Under the same dosage of chemicals, the grade of copper concentrate is basically unchanged, and the copper recovery rate is 3% higher than that of using one of the collectors alone. In the combination of terpene dithiol and butyl xanthate, 50% of xanthate can be saved by flotation of disseminated copper sulfide ore. In production, the combination of xanthate and black medicine can be used as a collector of copper, which has obvious effects on improving the recovery rate of useful minerals, reducing the dosage of flotation agents, reducing the cost of beneficiation, and even reducing or replacing toxic chemicals. What are the latest special effect collectors for copper mine flotation? Other common collectors, such as: xanthate formate can be mixed in acidic and neutral pulp for flotation of sulfide minerals; mercaptobenzothiazole can float gold-bearing ores in acidic medium or in neutral medium It is mixed with other collectors to flotate sulfide minerals; mercaptans and disulfides are sometimes used as auxiliary collectors to enhance the hydrophobicity of mineral surfaces. Dithiophosphite has stronger collecting ability than black medicine, and can sometimes replace xanthate, but with better selectivity; trithiocarbonate has stronger collecting ability than xanthate, and its neutral The amount used in the pulp is lower than that of xanthate. When the copper grade of the raw ore is above 2.0%, the use of ester-105 collector and terpineol oil foaming agent can achieve a good copper-sulfur separation effect.

2022

07/01

Glencore's first-quarter thermal coal production up 22% year-on-year, full-year production target unchanged

Glencore's first-quarter thermal coal production up 22% year-on-year, full-year production target unchanged   On April 28, miner Glencore released its quarterly operation report showing that from January to March this year, the company’s thermal coal output was 25.5 million tons, an increase of 22% from 20.9 million tons in the same period last year. The quarter's 23.5 million tonnes was up 9%. In the first quarter, Glencore Australia's thermal coal output was 14.8 million tons, of which export thermal coal output was 13.4 million tons, a year-on-year increase of 12%; domestic thermal coal output was 1.4 million tons, flat year-on-year. During the same period, the company's South African thermal coal output was 4.5 million tons, of which the export thermal coal output was 3.4 million tons, a year-on-year decrease of 15%; the domestic thermal coal output was 1.1 million tons, a year-on-year decrease of 35%. The decline in South African thermal coal production was mainly due to the extreme rainfall weather and the limitation of local railway capacity, which forced the company to reduce coal mine capacity in South Africa. In the first quarter, Glencore's 100% stake in Colombia's Cerrejon coal mine produced 6.2 million tons, a 2.4-fold increase year-on-year. According to the same basis, the output of the Cerrejon coal mine in the first quarter increased by 800,000 tons compared with the same period of the previous year. From January to March, Glencore's total coal output was 28.5 million tons, an increase of 16% from 24.5 million tons in the same period last year. In 2022, the company's coal production target remains unchanged at 116-126 million tons.

2022

05/06

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