The all-cash bid is 16 percent higher than Minmetals' earlier offer.

与五矿公司的出价相比高出16个百分点。

A Minmetals spokesman declined to comment. Jiangxi Copper officials couldn't be reached.

五矿公司的发言人拒绝对此事置评，而记者无法联络到江西铜业的负责人。

Minmetals confounded market expectations of a bidding war when it responded by withdrawing its proposal.

当五矿资源有限公司（Minmetals）通过撤消其提案来反应时，它挫败了市场收购战的预期。

'There is ruthless competition to get that approval,' said Andrew Michelmore, Minmetals Resources' CEO.

五矿资源有限公司(Minmetals Resources)行政总裁米歇尔·莫尔(Andrew Michelmore)说，为获得批准，公司之间存在残酷竞争。

China Minmetals Industrial Park will also create a committee responsible for the collaboration and communication with GOCGA.

五矿产业园也成立相应工作专案组，负责与华侨总会的合作对口联系。