September 06, 2008

EU to help China boost steel production efficiency

Mr Heinz Zourek an official of EU, after holding talks with the National Development and Reform Commission in Beijing, said that the European Union will work with China to boost steel production efficiency here.

The Chinese government has prioritized more environmentally friendly, sustainable production to better support its rapid economic growth.

Mr Zourek, the European Commission's director general for enterprise and industry has been in the capital for two days of meetings with his Chinese counterparts. He said that NDRC officials also told him that China has no intention of becoming a net steel exporter while capacity reductions will not affect the international market.