The report to the 20th National Congress highlights the importance of promoting new-type industrialization. Since last year, Gansu province has carried out the "1+N+X" special action to accelerate the construction of a modern industrial system.
In 2022, Gansu province continuously promoted the high-end, intelligent and green transformation of its manufacturing industry. Based on its advantages of copper, nickel, cobalt, electricity and other resources, it has focused on the development of new battery materials, new steel materials, and new chemical materials, and accelerated the transformation of "raw materials" into "new materials".
The report of Gansu province strengthening local industries [Photo provided to en.jnmc.com]
Jinchuan Group supports the strengthening of local industry by promoting the transformation of the nickel and cobalt industry into new energy battery materials, as well as the upgrading of nickel and copper alloys and precious metals to deep processing. 73 projects were approved in 2022, with 54 having started construction. In 2022, Jinchuan Group invested 2.33 billion yuan (about $350 million) in strategic emerging industries, up 195% year-on-year.
Throughout 2022, the investment in technological transformation of manufacturing industry increased by 57.7% year-on-year in Gansu province, 45.7% higher than the annual target. The local government accelerated the construction of the provincial industrial green and low-carbon transformation policy system, and promoted the application of green and low-carbon new technologies, new processes and new equipment, contributing to the green and low-carbon development of the manufacturing industry.
In the first 11 months of 2022, the added value of industries above designated size in Gansu province increased by 6.4% year-on-year, ranking 12th in the country. Industrial fixed asset investment increased by 60.1%, ranking 1st in the country for two consecutive years.
