Shanxi issues action plan for transformation and upgrading of iron and steel industry in 2020
2020-07-13 17:47:24 [Print]
Recently, Department of Industry and Information Technology of Shanxi issued the action plan for transformation and upgrading of iron and steel industry in 2020. The plan mentioned that in 2020, Shanxi will mainly promote the implementation of 33 upgrading and transformation projects. The total investment is RMB32.3 billion (USD4.62 billion); Shanxi will strive to complete the investment of RMB10 billion (USD1.43 billion) and the iron and industry will achieve the prime operating revenue of RMB300 billion (USD42.87 billion).
According to the action plan, Shanxi will take measures including implementing key projects, promoting merger and acquisition, creating industry cluster, optimizing product structure, enhancing ultra-low emission and expediting integration to optimize of industry layout, extend industrial chain, improve innovation ability, maintain the stability of industrial chain and supply chain, foster new growth drivers for industry development and create new forms of industry development.
According to the action plan, Shanxi will take measures including implementing key projects, promoting merger and acquisition, creating industry cluster, optimizing product structure, enhancing ultra-low emission and expediting integration to optimize of industry layout, extend industrial chain, improve innovation ability, maintain the stability of industrial chain and supply chain, foster new growth drivers for industry development and create new forms of industry development.
