Recently, China Land Resources News, China Mining News, the Ministry of Land and Resources portal and China Mining Network jointly conducted an exclusive interview with Peng Qiming, Party Secretary and President of China Mining Association (hereinafter referred to as “China Mining Association”). China Land Resources News: Hello Peng, you can see from the Internet that the 2nd Overseas Mining Investment Forum hosted by China Mining Association will be held at Xizhimen Hotel in Beijing from November 27-29, 2017. From the participants of the forum to the speakers, they all showed high specifications and a strong lineup. From the support units to the number of co-organizers, the conference received strong support from all parties in the mining industry. Excuse me, what considerations and emphasis are placed on the planning of the forum by the China Mining Association. What kind of gains are expected to be brought to the participants? Chairman Peng: China Mining Association attaches great importance to the preparations for the 2nd Overseas Mining Investment Forum. In the selection of the theme and the setting of the plate, we will mainly consider the road of mining international capacity cooperation under the National Strategic Framework of the Belt and Road. What kind of services are needed, and what kind of services the China Mining Association can provide to companies and institutions involved in mining international capacity cooperation. For Chinese enterprises, it is not possible to promote the mining industry to go out alone, but to jointly go out with different industries and develop resources through cross-industry cooperation to open up markets and achieve mutual benefit and win-win results. Therefore, the theme of this forum is “Together with the industry and promote the international production cooperation of the Belt and Road Mining Industry”, aiming to build a cross-industry cooperation platform and realize a new situation of going hand in hand. As we all know, according to the needs of international capacity cooperation, the National Development and Reform Commission has led the formation of an alliance of 14 international industrial capacity cooperative enterprises. The purpose is to better organize and coordinate overseas investment cooperation through enterprise alliances of various industries, and at the same time Horizontal cooperation and exchange provide platform ties. China Mining Association is the lead unit of the Mining International Capacity Cooperation Enterprise Alliance. The forum was specially invited by the responsible persons of the National Development and Reform Commission International Cooperation Center, the comrades of the International Development Cooperation Center of the National Development and Reform Commission, the International Union of Power Production Cooperation Enterprises, and the International Union of Iron and Steel International Capacity Cooperation Enterprises, and introduced the international capacity cooperation from the perspective of cross-industry cooperation. Progress and outlook. Therefore, the forum can show participants the broader cooperation and exchange platform of the Belt and Road International Capacity Cooperation, and the more ambitious international capacity cooperation prospects. They will also meet more cross-border friends and find more opportunities for cooperation. China Mining News: The opening ceremony of this forum is very high, the main forum has a strong lineup, and heavyweights from different fields speak at the conference. What are the main elements to consider in the design of the main forum? President Peng: This forum has received strong support from the National Development and Reform Commission, the Ministry of Land and Resources, the National Development Bank and the South-South Cooperation Promotion Association. In the prior communication report, the leaders of various departments have attached great importance to and recognized this forum and will speak at the meeting. From their speeches, we can understand the overall consideration of the National Belt and Road International Capacity Cooperation and related policies, which have important guiding significance for promoting the international capacity cooperation of the mining industry. The design of this theme forum has been carefully considered. First of all, in order to reflect the theme of “cross-industry cooperation and promote international cooperation in mining capacity”, we arranged the person in charge of the International Cooperation Center of the National Development and Reform Commission to introduce the establishment and operation of the National International Capacity Cooperation Enterprise Alliance, especially in cross-industry cooperation and exchange. Consideration. The International Cooperation Center of the National Development and Reform Commission is the secretariat of the International Alliance for Capacity Cooperation, and has a comprehensive understanding of the international capacity cooperation of various industries at the national level. In addition, we invited Mr. Yang Kun, Chairman of the Power Industry Alliance, one of the 14 international capacity cooperative enterprise alliances, to speak. The introduction of the international capacity cooperation of the power industry made participants feel the opportunities and expectations of cross-industry cooperation. The power enterprise alliance was chosen because of the strong representation of electricity. In many countries, the lack of industrialization and the lack of power resources are an important constraint to the development of the mining industry. And the investment of power companies in such places alone will be hindered by the lack of power users. If the two work together, they can solve such problems. Secondly, the forum invited representatives of financial institutions. Ms. Li Wei, CEO of BOC International, spoke at the meeting to discuss the opportunities and prospects of international capacity cross-border cooperation from a financial perspective. BOC International’s overseas projects involve a wide range of issues. The speech will show the opportunities and motivation of cross-border cooperation among various industries from a financial perspective. Third, the speech of Chairman He Wenbo, China's largest mining company, China Minmetals Group, will showcase the company's global strategic layout and operation. In the past two years, China Minmetals has a series of major initiatives, especially the signing of a global mineral exploration cooperation agreement with Rio Tinto Group, which symbolizes an important step for Chinese companies and international mining companies to invest in third parties. Fourth, Alibaba expressed great concern about the platform built by the China Mining Association. After the announcement of the forum, Alibaba expressed its intention to cooperate to establish an online platform for mineral products trading and will speak at the main forum. I believe this speech will show participants a new business model with unexpected inspiration and gains. The website of the Ministry of Land and Resources: This forum is obviously different from the last time in the setting of the forum, and there are sections divided by continents and regions. What are the main considerations for doing this? President Peng: This forum first designed the regional sector, including Africa, Southeast Asia and South Asia, Latin America, North America and Australia, Central Asia and Northeast Asia. The main consideration is that the political, economic and cultural differences in the above-mentioned regions are large, the investment environment is different, and the risk points of mining investment are also different. These are issues that investors are highly concerned about. With the advancement of international capacity cooperation, investors are paying more and more attention to the investment environment in various regions, and the content that needs to be understood is more and more specific. This requires each forum to be more targeted, highlight regional characteristics, and let participants get them. Want to get the details. The planning of these five sections has also been carefully considered. The speakers are business leaders or experts of enterprises or related research institutions with rich investment experience in this area, including resource endowment, legal environment and human history. . For example, Director Xing Guangcheng of the Frontier Research Institute of the Chinese Academy of Social Sciences is an expert on the study of Central Asian issues. His speech will introduce participants to the historical and cultural background of Central Asia, which is undoubtedly important for understanding the investment environment and business strategy of a region. value. I believe this information will provide participants with a very targeted help in understanding investment opportunities and risks in these regions. Not only that, participants during the forum can also communicate and establish contacts with these guests to lay the foundation for future cooperation. China Mining Network: We note that the sixth section of the forum is a special section devoted to the disclosure standards and related issues of mineral resources reserves. What are the characteristics of this section? Chairman Peng: Mineral resources reserve classification and information disclosure standards are important basic systems for mining development and an important means of supervision for mining project venture capital markets. The well-known 43-101 and JORC standards are internationally widely used standards. The overseas operations of Chinese mining companies must involve the issue of reserve assessment. How to establish Chinese standards and achieve international mutual recognition is an urgent problem to be solved. Moreover, a large country like China cannot participate in international capacity cooperation and global governance without its own standard system. In recent years, in accordance with the requirements of the Ministry of Land and Resources, the China Mining Association has organized experts to draft the Chinese version of the mineral resources reserves information disclosure rules, and is seeking comments and continuous improvement. On the sixth section of this conference, this rule will be the first to meet you. At the same time, the forum also arranged a number of experienced experts in this field to explain and discuss the problems that may be encountered during the implementation of the rules. I believe that by participating in this forum, participants will have a basic understanding of China's mineral resources information disclosure rules and have a better understanding of China's standards going global.

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