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Xi encourages steel company to grow in integrated development of Yangtze River Delta

Leaders

Xi Jinping, general secretary of the Communist Party of China Central Committee, has encouraged Magang Group, a subsidiary of China Baowu Steel Group, to seize the opportunity in the integrated development of the Yangtze River Delta.

XinhuaUpdated: August 20, 2020

Xi Jinping, general secretary of the Communist Party of China Central Committee, has encouraged Magang Group, a subsidiary of China Baowu Steel Group, to seize the opportunity in the integrated development of the Yangtze River Delta.

Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, communicates with staff and workers while visiting Magang Group of China Baowu Steel Group in Ma'anshan, east China's Anhui province, Aug. 19, 2020. [Photo/Xinhua]

The steel subsidiary should combine its own reform and development with the integrated development of the Yangtze River Delta and strive to develop itself amid the process, Xi said Wednesday during his inspection tour in east China's Anhui province.

In the fight against the COVID-19 epidemic, Magang Group, with its timely work resumptions, reported year-on-year growth in both output and revenues, which showed the strong resilience of the state-owned economy, Xi said.