China’s steel industry aims to achieve a high-quality growth featuring more advanced technology and equipment, stable resources supply, higher level of intelligence, enhanced global competitiveness and reduced emissions by 2025.
These were major goals set in a development guideline jointly released by the Ministry of Industry and Information Technology, National Development and Reform Commission, and the Ministry of Ecology and Environment.
The sector’s innovation capacity will be significantly enhanced, with the R&D investment intensity, the numerical control rate of key processes and the digitalization rate of manufacturing equipment reaching 1.5 percent, 80 percent .—Xinhua
