China Baowu Steel Group launched 10 major projects in Baoshan Wusong Park in Baoshan District, Shanghai in late December with a total investment of over 13 billion yuan ($ 2.01 billion). The project is part of the Group’s efforts to transform its steel production base into a state-of-the-art innovation park, the chairman said.
“This area was a steel mill with a history dating back to the 1930s, but now we are planning to build it in the Innovation Park. This place where I stand is modern. The convention and exhibition center is a blast furnace. ” China Baosteel Group Chairman Chen Derong said at the groundbreaking ceremony for the new project.
The Wusong Park project officially announced in June. They will develop to a total floor area of 513,000 square meters, including the Advanced Materials R & D Exhibition Center, Cloud Supercomputing Center, Digital Technology Experience Center, and Innovation Industry Project.
Over the next few years, the various units under China Baou will include R & D, technology, clean energy, new materials and intelligent services, making the company one of Shanghai’s major innovation zones.
The city of innovation is designed to promote and support the industrialization of innovation, financial services and institutional outcomes, as well as serve as a platform for the upgrade of state-owned enterprises, said Chen Jie, party secretary of the Baoshan district. He said.
Shanghai City and Baosteel China started the reconstruction plan of the former Wusong Industrial Park in 2012, completed the blueprint in early 2020, and started the construction in June. This evolves into a role model for the transformation of the former industrial base.
Hanasaki Tokuharu of China Baou said China Baou will make a higher investment to promote the upgrade and transition of Wusong Innovation City.
According to China Baowu, 830,000 square meters of projects will be completed by 2023, with total space for both completed and under construction projects reaching 5.6 million square meters by 2025.
According to ThePaper.cn, the steel mill is expected to generate more than 100 billion yuan in revenue from the industry in Wusong Park in the future.
The technologically innovative project at Wusong Park is the latest effort by China Baowu to become a truly global steel industry leader with three pillars: technology, profitability and scale.
In December, China Baowu announced that it has made steelmakers a global industry leader with annual production of over 100 million tonnes.
The steel giant is also expected to report record high profits in 2020, so Chen said he is on the right track to become a leader in terms of profitability.
Meanwhile, China Baowu is working to dispel the stereotype that the steel sector is plagued by overcapacity and pollution. According to Hithink RoyalFlush Information Network Co Ltd, China Baowu’s R & D investment by Baoshan Iron and Steel Co Ltd alone has reached 14.9 billion yuan in the last three years.
Employees perform various operations at the Baosteel Factory. DING TING / XINHUA
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]