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[Ferro-Alloys.com] Innovation is a fundamental condition for China's steel industry to achieve high-quality development during the 14th Five-Year Plan(2021-25) period and beyond, according to a senior industry expert.
Li Xinchuang, Party chief of the China Metallurgical Industry Planning and Research Institute, said Saturday at a forum on advanced steel technology organized by the institute that Chinese steel companies must thoroughly implement the spirit of the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China, and further innovation-driven development and improvement in performance.
The communique of the session has stressed innovation, saying innovation should play a key role in China's modernization, with technological independence strategically supporting the country's development.
The border port of Ceke in north China's Inner Mongolia Autonomous Region has witnessed coal imports of about 10.06 million tonnes this year, local authorities said.
According to the Ceke port, an important trade passage between China and Mongolia, the trade volume has reached nearly 3.2 billion yuan (about 488.5 million U.S. dollars).
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Dec. 23, 2020 Beijing China
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