Sou Hu Cai Jing·2025-12-19 17:15Core Viewpoint - The 2025 International Commodity Internationalization Development Conference, themed "Enhancing International Influence and Building Trustworthy Trade Rules," opened in Shanghai, with a parallel event focusing on the international development of the non-ferrous metal industry [1][4]. Industry Insights - The non-ferrous metal industry is a cornerstone of strategic emerging industries, playing a crucial role in promoting high-quality economic development. It supports high-end manufacturing, new energy, electronic information, infrastructure construction, traditional industrial upgrades, and national defense security [4]. - Key speakers at the conference included Liu Wei, Vice President and Secretary-General of the Recycled Metal Branch of the China Nonferrous Metals Industry Association, who analyzed the development path of the recycled metal industry in the context of internationalization [4]. - Zhang Qingdong, Senior Manager of the China Mineral Resources Research Institute, provided insights into the new global copper resource supply landscape and strategies for China to navigate multiple risks [4]. Opportunities and Trends - The topic of "Development and Opportunities for Shanghai's Non-Ferrous Metal Circulation Industry under Internationalization" was a hot discussion point, highlighting Shanghai's historical opportunity as a national trading center for non-ferrous metals [5]. - Financial tools, such as futures and derivatives, were discussed by Che Hongyun, Deputy Director of the Research Institute of Galaxy Futures, emphasizing their role in helping non-ferrous metal companies manage international market price volatility [5]. - The conference also addressed the new consumption patterns of non-ferrous metals driven by new energy and new materials, as analyzed by Chen Xionghui, Deputy General Manager of Zhejiang Huayou Recycling Technology Co., Ltd. [5]. Regional Development - The event took place in Putuo District, which has a deep-rooted connection to the non-ferrous metal industry, being home to the first national-level futures market, the Shanghai Metal Exchange, established in the 1990s [5]. - As of November this year, the trading volume in Putuo District has reached the total level of the previous year, with a year-on-year growth of 5%, leading in both scale and growth rate among central urban areas [7]. - The core facility, Wutrade Building, has attracted over 400 non-ferrous metal trading companies, along with logistics, futures, and banking institutions, creating a robust industrial ecosystem [7]. Future Directions - The conference aims to provide a significant platform for promoting international rule alignment and influence expansion in the non-ferrous metal sector, facilitating the internationalization, digitalization, and intelligence of commodity trade [7]. - Looking ahead, Putuo District plans to further develop high-level open platforms, enhance the linkage between spot and futures markets, and promote the internationalization of "Shanghai prices" [7].