October 12, 2008

Qinghai to accelerate 400,000 tonnes SS project construction

It is reported that Qinghai will further strengthen its efforts to accelerate its 400,000 tonnes of stainless steel production base project construction in order to achieve the industrial added value growth rate of 15% this year, and industrial investment of CNY15 billion.

They set 56 major construction projects, and the total investment reached to CNY 54.3 billion, this will provide a platform for Qinghai to adjust its economic structure and promote industrial upgrading.