In the current development, China has a lot of advantages, after all, compared with the early China, we have done a great deal of advancement, and the data display is actually very worthy of everyone's attention, in this application, but also let us get more attention and recognition.
In the past year, there is one aspect of operation that has attracted everyone's attention, because China has spent nearly 1,000 billion yuan to import iron ore, and many people are wondering who made this money.
In fact, two countries alone have taken 80% of the share, and Australia has a larger share, which will sell us almost 700 million tons of iron ore every year.
This is the development of the country, and resources must be needed to support it, but its own resources may not be able to meet it, so there will be resources from other countries involved.
In this case, the international transaction is also completed, after all, the country's own resources are limited, and because of the consideration for later development, it will do some different use and presentation.
Australia sells some iron ore to us every year, in addition to Australia, there is also Brazil, but in fact, according to the data imports, how should China's import of iron ore be calculated?
It's just that the development of the country needs a lot of resources to support, but not every resource must be purchased in this way, the reason why we import iron ore is that it has a wide range of use, like some common steelmaking and ironmaking need it as a support.
At the same time, these necessities such as houses and cars are also inseparable from steel, and 75% of the world's iron ore has basically been swept by China, which to a certain extent also reflects some of the advantages of our modern development.
After all, this raw material is indispensable for the development of modern rural areas, and it has naturally gained a lot of attention, but everyone also has a curiosity, the territory of the mainland is also relatively broad, so in such a large range, China does not have our own iron ore?
China also has a lot of iron ore, and at present, there are more than 60 billion tons of domestic reserves, ranking fifth in the world, and the cumulative amount of data has exceeded 70 billion tons.
So why do we choose to import so much iron ore from other countries when China has so much iron ore?
This has a lot to do with development plans, and each country has an idea of its own capabilities, but we can't have more speculation about what will happen in the future, and after all, there is nothing about the national movement, and people dare to judge it at will.
Although China also has iron ore reserves, we need to think about the future sustainable development, so we can actually incentivize the current development through purchases, so why?
And the transaction itself is both parties are willing, we are willing to spend money to buy this, we are actually more likely to collapse the amount of resources although the amount of reserves, but whether the amount is good is not certain, and the average value of China's iron ore is between flat ore and low-quality ore, so this means that even if it is mined, our utilization rate is not as high as that of other countries, according to such data comparison, and even a series of calculations, China's own development of iron ore is not as cheap and cost-effective as buying from other countries.
However, in order to develop, the country must also consider one of the most basic issues, that is, the issue of cost. The quality of iron ore and the efficiency of ironmaking exist at the same time, there is also the cost of development, most of China's iron ore is in the deep underground mining difficulty and cost is very high, we need to dig underground to get this kind of mineral deposits, but other countries are easy to mine.
In fact, from the comparison of data, our storage capacity is very large, but its quality and mining efficiency are not high, so this is why China has been importing from other countries.
China's import of iron ore is actually calculated, we still have some advantages, although we have a large amount of iron ore, but whether it is their own mining or want to leave it for follow-up research and development, in fact, it can be said that the past, plus now what is more needed is rapid support, so buying from other countries is the best way.
In the process of technological development, every country wants to provide more advantages for itself, in fact, in the early operation of China, whether it is in the development of technology or economic operation, there are too many restrictions.
So now once there is an opportunity, we are also trying to change, according to the current data, we have more possibilities, many people feel that China's import data and expenses seem to be relatively large, but since it can bring advantages to China's development, then why don't we choose?