China's economic growth in the first half of the year has reached 6.9%, but for the long term the country's economic growth will continue to slow down. With the global and Chinese economic development transformation, as well as China’s initiative to adjust its development model to face the global climate change, the demand for commodities including oil and iron ore will be lower for a long period of time, and that China's oil and iron ore demand has reached its peak. Although it may take a long time (10-15 years) for this to happen, this indicates that China will need to start to prepare to face this trend from now on. China should moderately promote energy consumption of the "peak point", and finding new opportunities in industrial transformation and upgrading through policy and industrial adjustment.