Newsletter summary

Hebei Province promotes industrial upgrading, implements technological transformation, deepens scientific and technological empowerment, accelerates the development of high-end material-grade products, promotes the specialization of the chemical industry, promotes green building materials products, and promotes traditional industries to coruscate new vitality.

Text of news flash

[Hebei Province will accelerate industrial restructuring and transformation and upgrading] Zhang Chengzhong, member of the standing Committee of the Hebei Provincial CPC Committee and executive vice governor, recently revealed at a press conference of the State Information Office that Hebei Province plans to adhere to high-end, intelligent, and green, in order to promote the transformation and upgrading of traditional industries. The province will seize the opportunity of the state to promote large-scale equipment upgrading, implement the technological transformation and upgrading project of the equipment manufacturing industry, and deepen scientific and technological empowerment, so as to promote the development of the iron and steel industry to high-end material-level products. Zhang Chengzhong also stressedPowerballsThe importance of accelerating the extension of the complementary chain is discussed, and it is indicated that it will promote the development of specialization, characteristics and refinement of the chemical industry. In addition, Hebei Province will actively promote green energy-saving building materials products, with a view to making traditional industries coruscate new vitality. This decision in Hebei Province reflects the Chinese government's macro strategy of promoting industrial upgrading and economic transformation. Under the background of the severe global economic situation and the increasing downward pressure on the domestic economy, the industrial structure adjustment and transformation and upgrading of Hebei Province will play a positive role in stabilizing local economic development and enhancing industrial competitiveness. Hebei Province, as an important industrial base in China, its industrial structure adjustment and transformation and upgrading are not only related to the local economic development, but also have a far-reaching impact on the national economy. Market analysts believe that this move in Hebei Province will bring new investment opportunities for related industries and has a high reference value for investors in the secondary market.