Tianjin Xinyue Industrial and Trade Co., Ltd.
Tianjin Xinyue Industrial and Trade Co., Ltd.
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China's steel industry has formed a consensus for achieving high quality development

May. 22, 2018

Most steel companies have already had more concrete and profound understanding of high-quality development. Chi Chih-dong believes that "From the point of view of development, we have basically formed a consensus that we must take the path of high-quality development. This is a prerequisite for promoting high-quality development." 


In the past few years, everyone also made a fuss about the expansion of the scale; in recent years, especially in 2015, the industrial losses and the dramatic changes brought about by the supply-side structural reforms in 2016 and 2017 have made everyone The importance of accelerating the transformation of development methods and promoting the development of high-quality development has brought you personal experience and insights.

Chi Jingdong pointed out that for many years, the steel industry has been crowned with “two highs and one capital” and “two highs and one surplus” hats. In many respects, they have been treated unfairly, unfairly, even discriminatoryly and forbiddenly. To a certain extent, this also forces us to re-examine the road to the development of the steel industry.


“As a typical process manufacturing industry, iron and steel manufacturing is basically characterized by the use of coal, iron ore and other energy resources for production. As of now, there is no sufficient and economic clean energy or resources to completely replace existing coal, iron ore, etc. Production of steel.” He emphasized that “Steel manufacturing uses a large amount of raw materials such as coal and iron ore that contain pollutants and will inevitably produce pollutants. However, the steel industry is able to complete the economic and social development through the continuous advancement of technology. Develop a co-existent low-carbon green industry."


“As a basic raw material for the national economy and downstream users, iron and steel has not been completely replaced by other materials that do not consume energy, resources, or consume less than steel.” Chi Jingdong further emphasized that “the steel industry will still be an economic society.” Developing an irreplaceable basic raw material industry, the steel industry, which is the backbone of the Republican economy, not only provides steel materials for downstream users and defense military workers, but also stimulates economic development and social employment, and can still become a national in the new stage of economic development in China. Economic development is an indispensable support for the industry."


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