Woes continue in China’s steel industry, sector to be boosted by the ‘internet+’ concept?


Ever since Chinese Premier Li Keqiang delivered this year’s government work report at the 12th National People’s Congress and introduced the ‘Internet+’ strategy, it has become a buzzword in China for many industries.

Industry and enterprises alike have started to put forward their applications of the strategy, including the Excellent Gas Network (EGN) e-commerce platform for the industrial gas industry.

Now, it seems this might be a solution to the difficult situation of the steel industry in China.

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