Study On The Cooperative Constituency Between China And Southern African Mining Industry

Since 2018,trade frictions in major economies have escalated,world economic recovery has been sluggish,and the global mining industry is continuing to shake and adjust.Large mining companies are gradually focusing on the investment region of south and North America,Australia and other regions,Africa and southeast Asia exploration investment continued to decline.China's economy is in a period of mediumto-high speed development.It is a major producer and consumer of global mineral resources and has an important influence on the international mining market.Southern Africa has extremely rich mineral resources and a high level of mining development,thus attracting the attention of investors from all countries.In the critical period of global mining pattern remolding,China should actively pay attention to the overall development of southern Africa,participate in the development of mineral resources in southern Africa,and carry out mining cooperation with southern Africa on the basis of adapting to relevant characteristics,which is of great significance to the development of China's mining industry and the effective and sustainable supply of mineral resources.Based on the criteria of the southern African development community,this paper mainly studies five countries in southern Africa where mining industry is relatively developed: South Africa,Botswana,Zimbabwe,namibia and mozambique:In terms of resource endowment,the five southern African countries are rich in mineral resources,with huge potential in gold,diamond,platinum group metals,copper,nickel,iron and uranium,which are highly complementary to China.In terms of investment climate,the five southern African countries are generally backward in infrastructure development,the trend of economic development is getting better,mining related legal system is better,more preferential policies for foreignfunded enterprises,this has attracted many foreign companies to invest in mining in southern Africa.The domestic security situation of all countries is relatively stable.At the same time,southern Africa has a unique geographical advantage due to its connection with the cape of good hope waterway,which also brings opportunities for the development of mining industry in southern Africa.Through the research and analysis of resource endowment,investment environment,resource market demand and location advantage of the five southern African countries,establish the investment environment evaluation system,and combine the expert scoring and analytic hierarchy process,get the following conclusions:South Africa and namibia,which have the best investment environments,are the best destination countries.Mozambique and Botswana with good investment environment are the preferred destination countries for investment.Zimbabwe,with a general investment environment,is a common investment destination country.