China Steel will focus on the transformation of quality, efficiency, and power, focusing on the following three ways to better serve the economic development of China and the world.

The first is to deepen structural reform on the supply side and achieve transformation, upgrade and development. On the basis of consolidating the achievements of the de-capacity work, China Iron and Steel will continue to resolve excess production capacity through the use of laws, marketization, financial leverage, and mergers and acquisitions. By 2025, it will achieve a target of producing less than 1 billion tons of crude steel and 80% of capacity utilization.

The second is to insist on ecological priorities and achieve green development. In recent years, China’s steel industry has continuously increased its investment in environmental protection, and its energy conservation and environmental protection levels have been continuously enhanced, making positive contributions to building beautiful China. Promote green steel manufacturing in an all-round way, moderately encourage the development of short steel process technology, achieve full coverage of energy-saving and environmental protection technologies, curb the growth of total energy consumption and total discharge of major pollutants, reduce the emission intensity of pollutants, and strengthen the use of high value-added metallurgical secondary resources To achieve clean production and green manufacturing in steel companies.

The third is to insist on cooperation and win-win and achieve open development. Since the reform and opening up, the Chinese steel industry has made full use of the production factors such as raw fuel in the international market and achieved rapid development. The Chinese steel industry stands at a new historical starting point, will further accelerate the development of globalization, and promote high-level development at a high level.