Stainless steel industry sees innovation-driven growth in SE China city-Xinhua

Stainless steel industry sees innovation-driven growth in SE China city

Source: Xinhua

Editor: huaxia

2022-08-19 16:52:31

NINGDE, Aug. 19 (Xinhua) -- Driven by innovation, the stainless steel industry in Ningde, southeast China's Fujian Province, has grown significantly in recent years. Local industry leaders such as Tsingtuo Group have contributed to the formation of a stainless steel business cluster. According to statistics, the stainless steel industry in Ningde was worth 23.6 billion U.S. dollars by the end of 2021, supporting about 25,000 jobs.

For many years, China has been the world's leading producer and consumer of stainless steel. The country produced approximately 30.63 million tonnes of the world's 55 million tonnes of stainless steel in 2021.

Photo taken on Aug. 17, 2022 shows a stainless steel production workshop of Tsingtuo Group in Fu'an County of Ningde, southeast China's Fujian Province. (Xinhua/Wei Peiquan)

A staff member works at a stainless steel production workshop of Tsingtuo Group in Fu'an County of Ningde, southeast China's Fujian Province, Aug. 17, 2022. (Xinhua/Wei Peiquan)

A staff member inspects stainless steel products at Tsingtuo Group in Fu'an County of Ningde, southeast China's Fujian Province, Aug. 17, 2022. (Xinhua/Wei Peiquan)

Photo taken on Aug. 17, 2022 shows a stainless steel production workshop of Tsingtuo Group in Fu'an County of Ningde, southeast China's Fujian Province. (Xinhua/Wei Peiquan)


Reporter: Wei Peiquan

Editors: Li Mangmang, Jin Haoyuan, Wang Qiao, Fu Tian & Zhang Chuanqi

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