Inner Mongolia issues implementation plan for high-quality development of traditional industries

The Department of Industry and Information Technology of Inner Mongolia Autonomous Region recently issued an implementation plan for the high-quality development of traditional industries.Asian Metal Copyright .Asian Metal Copyright The plan says that, by 2020, Inner Mongolia's total output value of traditional manufacturing industry should reach 1 trillion yuan (144.Asian Metal Copyright67 billion US dollars by 2020; iron and steel industry should keep annual production capacity in the range of 40-50 million tonnes; ferroalloy industry should strictly control new production capacity and upgrade equipment; primary aluminum industry should keep annual production capacity at around 10 million tonnes and aluminum post-processing capacity at 7 million tonnes.Asian Metal Copyright4 billion US dollars), with average annual increase of about 9%; manufacturing value added should account for about 15% of the region's GDP; energy consumption per unit of product from key energy-intensive industries such as iron and steel, ferroalloy, calcium carbide, primary aluminum and so on should decrease by 1.Asian Metal Copyright The plan says that, by 2020, Inner Mongolia's total output value of traditional manufacturing industry should reach 1 trillion yuan 144.Asian Metal Copyright5% on average compared with that in 2019.

The plan also requires that metallurgical industry should increase output value to around 420 billion yuan (60.67 billion US dollars) by 2020; iron and steel industry should keep annual production capacity in the range of 40-50 million tonnes; ferroalloy industry should strictly control new production capacity and upgrade equipment; primary aluminum industry should keep annual production capacity at around 10 million tonnes and aluminum post-processing capacity at 7 million tonnes. 

.Asian Metal CopyrightThe Department of Industry and Information Technology of Inner Mongolia Autonomous Region recently issued an implementation plan for the high-quality development of traditional industries.Asian Metal Copyright