Technical upgrading investment in steel sector in Anhui up 9% in Jan-May

Wednesday, 20 June 2012 16:20:28 (GMT+3)   |  
       

According to the Economic and Information Technology Commission of China's Anhui Province, in the first five months of the current year the province completed industrial technical upgrading investments totaling RMB 115.5 billion ($18.33 billion), up 26.4 percent year on year.
 
In particular, in the given period the steel sector in Anhui saw an increase of 9 percent year on year in technical upgrading investment, while the non-ferrous metal sector in the province recorded a decrease of 19.7 percent year on year in technical upgrading investment, respectively totaling RMB 8.2 billion ($1.3 million) and RMB 3.37 billion ($534.92 million).

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