During a visit to a cold rolling mill in Benxi City, Liaoning Province, on January 23, 2025, Chinese President Xi Jinping highlighted the critical role that the steel industry plays as a cornerstone of China’s real economy. The visit was part of Xi's inspection trip to the northeastern industrial hub of Liaoning, where he also interacted with local workers and staff as part of the preparations for the Chinese New Year.
Xi emphasized that the steel industry is not only a vital component of the national economy but also a fundamental pillar that supports the broader industrial framework of the country. He observed the operations at Bensteel Group's cold rolling mill, where he was briefed about technological innovations, including the intelligent integrated control system used in the facility. Xi’s visit focused on the advancements made in cold rolling processes, product quality, and innovation that contribute to the sector’s modernization and sustainability.
Bensteel Group, a historically significant company in the region, has undergone a revitalization process through restructuring with Ansteel. This transformation has led to improvements in the corporate system, along with an ongoing industrial transformation aimed at upgrading production capabilities. Xi Jinping praised the efforts of these companies in pushing for modernization and driving technological advancements.
During his visit, President Xi also met with model workers, young technicians, and staff representatives, recognizing their contributions to the modernization efforts. He urged continued efforts to strengthen the weak links in the steel industry, optimize industrial structures, and foster greater contributions to Chinese modernization.
As China continues its push for industrial upgrades, Xi’s remarks underscore the importance of maintaining the steel sector’s role in economic development. The modernization of this industry, through technological innovation and corporate restructuring, is seen as pivotal in ensuring China's continued economic growth and competitiveness on the global stage.
This visit comes as part of a broader effort by the Chinese government to promote innovation and industrial transformation in key sectors, signaling a commitment to strengthening the foundations of China’s economy through high-tech development and modernization.
