On July 19-25, 2011, sponsored by the Chinese Academy of Social Sciences, China Industry and Enterprise Competitiveness Research Center, and co-organized by China Aluminum International Trade Co., Ltd. and Qingdao Yida Mining Co., Ltd. "2011 China Alumina Market Development Seminar "It was successfully held in Yanji-Changbai Mountain, Jilin, China.

　　Since the fourth quarter of 2010, the monthly growth rate of CPI has continued to be above the red line of 3%. Inflationary pressure has remained high, and monetary tightening measures such as interest rate hikes and deposit reserve ratios have been intensively introduced. Domestic electrolytic aluminum and alumina companies’ capital chain Sudden tension, the proportion of acceptances has increased significantly, and some companies are facing a life-or-death situation. At the same time, the domestic electrolytic aluminum industry is facing a game of national industrial regulation and local economic interests. On the one hand, in April 2011, eight national ministries and commissions and the People’s Bank of China jointly issued the "Emergency Notice on Curbing the Overcapacity of the Electrolytic Aluminum Industry and Repetitive Construction to Guide the Healthy Development of the Industry" to stop 23 projects nationwide, with a total scale of 7.74 million tons and a total investment of 77 billion yuan. Yuan’s electrolytic aluminum project. On the other hand, the situation in which electrolytic aluminum companies are making rapid progress and accelerating alumina production capacity is still grim. According to Aladdiny's statistics, it will invest 4.755 million tons of electrolytic aluminum production capacity in 2011, which is expected to reach 27.165 million tons by the end of the year, and 11.81 million tons of alumina production capacity is expected to be invested, and it is expected to reach 51.99 million tons by the end of the year.

　　Cost is one of the fundamental problems that any enterprise needs to solve. The current cost problem facing the aluminum industry is particularly prominent. First, electrolytic aluminum enterprises need to do their best to reduce power costs. Owning self-supplied power plants has become a necessary condition for their strategic development, especially in Under the background of the periodic recurrence of "electricity shortage" and the lengthening of the cycle; second, the expansion of the aluminum industry chain has become an important way for companies to dilute costs and ensure profits; third, large-scale self-mining has become a necessary condition for the long-term development of alumina companies. At the same time, after discussing the pricing mechanism of long-term orders and spot prices in the alumina market, long-term orders and spot prices exist mutually, and the objective demand for mutual cooperation has become more and more prominent. Looking at the second quarter of 2011, the long-term order and the spot are inverted seriously, and the signing of a large number of long-term orders has restricted the execution of the contract. How to allocate the contract pricing ratio between the long-term order and the spot has become the main topic discussed in this meeting.

　　In this conference, the conference organizer specially invited experts from China Nonferrous Metals Industry Association, Development Research Center of the State Council, Aluminum Corporation of China, COFCO Futures and Jin Yao Energy to be the speakers of this conference.

　　First of all, Mr. Zhang Liqun, Director of the Macroeconomic Research Department of the Development Research Center of the State Council, made a report on "Analysis and Outlook of Economic Situation in 2011" on the current national economic development situation and future trends. Analysis of economic performance in the first half of this year: my country's economy continued to maintain relatively high growth in the first half of this year, with relatively low price increases, monetary policy achieved significant results, and the rapid rise in housing prices was effectively curbed. The economy has not yet entered the track of sustainable growth: the economic growth since 2010 has been largely the result of government forces. At the same time, the transition between government forces and market forces is accelerating, and the ability to support economic growth based on market demand is still insufficient. The foundation for sustained and rapid growth in demand in the automobile market and real estate market is still unstable, and corporate investment activities are not vigorous enough. The relatively high growth rate of foreign trade exports is expected to be difficult to maintain. The Chinese economy is entering a new round of sustainable growth: the goal of maintaining growth in 2011 is higher than that in 2010, and the task is very arduous. The conversion of government power to market power must avoid causing large fluctuations in demand growth. The short-term policy goal should be to stabilize demand growth, especially to coordinate the relationship between investment and export growth. On the basis of the realization of short-term goals, it is necessary to accelerate the adjustment of economic structure based on medium and long-term sustainable development, accelerate the transformation of economic development mode, improve the quality and efficiency of economic growth, and reduce the cost of resources and environment. China's economy will continue to recover steadily: In the context of continuing to expand domestic demand while focusing on economic restructuring and resource environmental protection, it is expected that China's economy will maintain a steady and rapid growth of about 9.5% in 2011.

　　Later, Mr. Lang Dazhan, deputy director of the Aluminum Department of the China Nonferrous Metals Industry Association, gave a special report on "Aluminum Industry Evolution under the Background of Policy Tightening", and made a detailed analysis of the policies, regulations, current situation and trends of the aluminum industry. Mr. Lang Dazhan believes that the current output of electrolytic aluminum has been increasing year after year, ranking first in the world for 9 consecutive years since 2002. The alumina output has ranked first in the world for 5 consecutive years. The output of aluminum processed materials has ranked first in the world for 4 consecutive years. The level of technology and equipment has entered the world's advanced ranks, especially the electrolytic aluminum industry, with complete independent intellectual property rights, and various technical and economic indicators are at the advanced or leading level. With changes in energy policies, there will be a strategic shift in regional structure. The development of electrolytic aluminum will shift to energy-rich areas in the west, and the proportion of renewable clean energy, including hydropower and wind power, will continue to expand. The situation and challenges faced by the aluminum industry: severe overcapacity, continuous growth in output, and weak market demand. Aluminum prices are sluggish, electricity prices are rising, and electrolytic aluminum companies suffer serious losses. The control of overcapacity is more difficult. Although the output of aluminum processing is very high, some varieties are still imported. The recycling and smelting of secondary aluminum has not yet formed a scale, and its proportion in total aluminum consumption is still relatively low. The development thinking and principles of the "Twelfth Five-Year Plan": highlight structural adjustment, resolutely eliminate outdated production capacity, realize structural adjustment, and increase the intensity and progress of asset reorganization and corporate mergers and acquisitions. Promote energy saving and emission reduction through technological innovation. The development of secondary aluminum will also make greater progress during the "Twelfth Five-Year Plan" period. At the same time, it will actively develop overseas resources.

　　Subsequently, Ms. Zhao Lanying, general manager of the International Cooperation Department of China Aluminum International Trade Co., Ltd. commented on "Thoughts on Alumina Pricing Mechanism", and Mr. Shi Fuliang, a researcher at Aladdin Zhongying Network Industry Research Office, commented on "Analysis of China's Alumina Market", and Liang Lijuan from COFCO Futures The lady gave a wonderful keynote speech on "Electrolytic Aluminum Trends in the Second Half of 2011", which was widely praised by customers.

　　The meeting was a complete success.