China's steel industry is accelerating its transformation towards high-end, intelligent, and green development, leveraging policy signals released at the 2026 National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC). The government has provided strong impetus for enterprise technological upgrading and green development through measures such as issuing ultra-long-term special treasury bonds and increasing the deduction ratio for R&D expenses. The industry has made significant progress in self-sufficiency rates for high-end products, intelligent manufacturing levels, and the application of green and low-carbon technologies. The self-sufficiency rate for high-end steel plates has exceeded 85%, and green projects such as hydrogen metallurgy and scrap steel recycling are flourishing. Although challenges remain in core technologies, environmental costs, and international competition, the industry has clearly defined its future direction: building world-class intelligent factories, breaking through cutting-edge technology applications, and constructing a green industrial chain covering the entire life cycle. The goal is to build a globally leading steel industry system by 2030, transforming from a scale advantage to a quality advantage.
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