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China pushes consolidation in 10 industries

(chinadaily.com.cn)
Updated: 2009-08-13 15:07

The Chinese government is working to try and consolidate companies in ten key industries in order to increase their competitiveness, Li Yizhong, minister of Industry and Information Technology said at a press conference today.

The ten industries are steel, automotive, shipbuilding, chemical, light industry, textiles, nonferrous metals, equipment manufacturing, electronic information and modern logistics.