Anhui Province looks to strategic industries for development

  • Thursday, September 19, 2019
  • Source:ferro-alloys.com

  • Keywords:Anhui Province, MA Steel
[Fellow]The city of Ma'anshan, where the Magang (Group) Holding, or MA Steel, is located, is striving to become a "famous city for intelligent manufacturing".

[Ferro-Alloys.comAnhui province is trying to promote the high-quality development of its manufacturing industry by nurturing more industries through scientific and technological innovation, and building more advanced manufacturing clusters.

Anhui Governor Li Guoying said although the eastern Chinese province netted a GDP of 2.97 trillion yuan ($419 billion) in 2018, while witnessing a yearly growth of 9.2 percent in industrial output, nurturing more advanced manufacturing clusters with international competitiveness is still a priority this year.

At present, there are 24 major bases under construction in Anhui, Li said, adding that Hefei's new display industry base has gathered 80 enterprises, which had a business volume of 88.8 billion yuan for those scaled industrial enterprises - each with a main business income topping 20 million yuan annually.

Anhui's Ma'anshan city has organized 27 enterprises to exhibit its cooperative projects at this year's convention.

The city of Ma'anshan, where the Magang (Group) Holding, or MA Steel, is located, is striving to become a "famous city for intelligent manufacturing".

MA Steel, set up in 1958, is now an extra large-sized iron and steel giant in China with some 43,000 employees. (China Daily)

 

  • [Editor:kangmingfei]

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