China sees remarkable results in green transition for industrial sectors
2024-02-21 14:03:25 [Print]
China has achieved remarkable results in green development across industrial sectors, according to the Ministry of Industry and Information Technology (MIIT).
In 2023, a total of 78 steel enterprises completed the full-process ultra-low emission transformation of their production capacity, totaling 390 million metric tons of crude steel. According to MIIT, by the end of 2023, a total of 5,095 green factories had been established at national level, contributing to over 17% of the total output value of the manufacturing industry, and the total output value of the environmental protection equipment manufacturing sector is estimated to exceed RMB970 billion(USD134.75 billion).
In 2024, China plans to establish a green manufacturing and service system and nurture 1,000 national-level green factories. The country aims to accelerate the establishment of a waste recycling system and encourage regions with favorable conditions to create "zero-waste industrial parks" and "zero-waste enterprises."
In 2023, a total of 78 steel enterprises completed the full-process ultra-low emission transformation of their production capacity, totaling 390 million metric tons of crude steel. According to MIIT, by the end of 2023, a total of 5,095 green factories had been established at national level, contributing to over 17% of the total output value of the manufacturing industry, and the total output value of the environmental protection equipment manufacturing sector is estimated to exceed RMB970 billion(USD134.75 billion).
In 2024, China plans to establish a green manufacturing and service system and nurture 1,000 national-level green factories. The country aims to accelerate the establishment of a waste recycling system and encourage regions with favorable conditions to create "zero-waste industrial parks" and "zero-waste enterprises."
Ferro-chrome Indian Cr 58%min, C 8%max CIF China
Unit:USD/lb Cr
China low carbon ferrochrome producers' inventory statistics by province by month
Unit: mt
