China's top steel province makes headway in green transition

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China's top steel province makes headway in green transition

STORY: China's top steel province makes headway in green transition DATELINE: Dec. 22, 2022 LENGTH: 0:01:10 LOCATION: SHIJIAZHUANG, China CATEGORY: ECONOMY/ENVIRONMENT SHOTLIST: 1. various of factories in Hebei STORYLINE: As China's top steel producing province, Hebei in recent years has made headway in cutting overcapacity and pollution, and in the pursuit of green and balanced development. The province's steel production capacity has been reduced from 320 million tonnes at its peak to less than 200 million tonnes, while the development of strategic emerging industries and modern service industries is accelerating. By September this year, the number of iron and steel enterprises in the northern Chinese province had been slashed to 39 from 123 about 10 years ago. In 2022, Hebei Province has invested about 100 billion yuan (14.3 billion U.S. dollars) in new energy power generation, aiming for adding an installed capacity of more than eight million kilowatts. Xinhua News Agency correspondents reporting f

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