Sign In  |  Join Free  |  Contact |  Help

Home > News > Industry Activities > Interfax reported that the Russian Pipe Industry Development Fund expects to sign an agreement with China Iron & Steel A

Interfax reported that the Russian Pipe Industry Development Fund expects to sign an agreement with China Iron & Steel A

By , 2008-03-08 12:00:00

Share to:


Steel exports to be curbed

THE government is planning to impose more restrictions on export of steel, reports said.

The curbs would include restricting steel projects in the processing sector and restricting the licenses of export companies. The country also plans to reduce its steel production to avoid overcapacity. The country's steel product exports were down 9.4 percent in August at 5.38 million tons. However, in the first eight months, steel and steel billets exports surged 83.8 percent and 10.9 percent to 45.08 million tons and 5.61 million tons, respectively.

Nation to produce 8.5m autos in 2007

CHINA'S auto production saw an annual growth rate of 45.8 percent since 2002 and the country is expected to produce 8.5 million units of automobiles in 2007, a senior official with the top economic planner said at a forum Saturday.

By the end of 2006, output value of the country's auto industry accounted for 3.7 percent of China's GDP, said Zhang Guobao, vice minister of the National Development and Reform Commission.

Pharma sector output to touch $80b

THE output value of China's pharmaceutical industry will grow faster at an annual rate of 17.8-18.5 percent to top 600 billion yuan (US$79.8 billion) in 2007, Yan Jiangying, a spokesperson for the State Food and Drug Administration (SFDA) said in Tianjin last week, quoting a forecast of its research institute.

In the first half of this year, China's pharmaceutical industry recorded gross industrial output value of 291.32 billion yuan, up 21.31 percent year on year, and the growth was 1.29 percentage points higher than that of the year-earlier period.

Remark on News

Overall Rating0 reviews

  • 0 People
  • 0 People
  • 0 People
  • 0 People
  • 0 People

Evaluate the Details

Overall Rating:
Click the stars of the show rated
logo

Free Submit for Publication

Fastener News,Import & Export Statistics Reports,Industrial Actives,Exhibition,Forum etc.are welcome

word,image,excel,txt,pdf,rar,zip only