Investment in Beijing's high energy consuming industries down
(www.chinamining.org)
Updated:
2008-04-21 13:44
Counter:
Beijing has cut down investment in high energy consuming enterprises by way of adjusting industrial structure in order to improve environment.
Statistics show that investment in Beijing's chemical, cement and steel industries in the first quarter decreased 45.9 percent, 53.3 percent and 76.9 percent, respectively, from a year ago.
Shougang Group, the leading steel producer in China, will cut its output on schedule after removing its major production projects out of Beijing.
The Group has relocated its major production projects and limited its production output in response to the industrial structure adjustment.
All these will help improve Beijing's environment, according to experts.
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