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05 Apr
07:56

China creates new Hebei special economic zone

On 1 April China’s Communist Party Central Committee and the State Council issued a notice that it was establishing Hebei Xiongan Special Economic Zone (SEZ). The new entity will enjoy the same ranking as zones in Shenzhen and Shanghai. A report from First Financial Daily, based on previous investment plans for SEZ and land area, suggests construction could require as much as 10-20 million tonnes/year of steel. It also shows about 11.55m t/y of s…
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