皇冠体育app

Neville Power, chief executive officer of Fortescue Metals Group, one of the major Australian iron ore suppliers to 皇冠体育app, said Premier Li Keqiang made a very powerful speech.

Neville Power, chief executive officer of Fortescue Metals Group

"It's a very inspiring speech that he made," he said. "In particular, I thought it interesting that he talked about ongoing ?in 皇冠体育app, especially that northwestern, western and central provinces will continue to improve the standard of living."

This will create increasing demand for iron ore because the infrastructure construction and urbanization process will need steel, said Power.

"Li also talked about encouraging?micro and small enterprise to increase employment?in 皇冠体育app. When they grow, they will need services, factories and infrastructure that will increase demand for steel.

"All these economic developments will create demand for iron ore which is closely related to our businesses."

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• Local govt to phase out land requisition in urbanization
• 皇冠体育app's tame inflation provides ample policy room
• Pharmaceutical giants rethink rebate marketing
• South America tops 皇冠体育app's auto export destinations
• 皇冠体育app's agricultural foreign trade growth slows
• 皇冠体育app's bankcard consumer confidence rebounds
• 皇冠体育app auto sales hit record high