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In the first three quarters of this year, the overall performance of the domestic macro economy was good. Not only did the soft landing of the economy be achieved, but also GDP growth picked up slightly under the environment of maintaining the prudent monetary policy and the full implementation of various structural adjustment policies. Data show that in August 2017, industrial added value above designated size increased by 6.0% year-on-year in real terms, and in the first eight months of 2017, industrial added value above designated size increased by 6.7% year-on-year. Overall, production growth in energy-intensive manufacturing continued to slow down, but high-tech industries and equipment manufacturing maintained rapid growth, and related investment also accelerated to emerging industries. The growth rate of mass entrepreneurship and innovation investment continues to rise, and with industrial transformation and upgrading, the Chinese economy is shifting from old drivers to new ones at a faster pace.
Raw sugar fluctuated slightly yesterday, buoyed by expectations of a decline in Brazilian sugar production. The main contract hit as high as 14.77 cents a pound and as low as 14.54 cents a pound before closing up 0.41 percent at 14.76 cents a pound. Sugar production in Brazil's main sugarcane region in south-central Brazil is expected to fall to a three-year low next year as a lack of replanting cuts yields per unit area and ethanol production increases. Kingsman estimates sugar production in south-central Brazil at 33.99 million tonnes in 2018-19. The central south accounts for more than 90 per cent of Brazil's sugar production. The level represents a year-on-year decline of 2.1m tonnes and would be the lowest since the 31.22m tonnes produced in 2015-16. ; In contrast, the state reserve sold the news of the auction is gradually being digested by the market, although sugar prices fell again during the day, but by the end of the afternoon to recover the losses.
The company is a state-level high-tech enterprise and a safety production second-level standardized enterprise, located in the national high-tech industrial Development Zone. — Hubei Qianjiang Economic Development Zone, with a registered capital of 150 million yuan and total assets of 372 million yuan, covers an area of 390 mu and employs 275 people. With 0.64 square kilometers of underground brine resources mining rights, the current annual production capacity of 50,000 tons of ionic membrane caustic soda and 29,000 tons of methylaniline. Main products: caustic soda, liquid chlorine, high purity hydrochloric acid, industrial hydrochloric acid, sodium hypochlorite and other basic chemical products and o-toluidine, p-toluidine, m-toluidine and other fine chemical products. Chlor-alkali products and methylaniline products adopt advanced zero-pole distance submembrane electrolysis process and fluidized bed gas phase hydroreduction process respectively, which have strong market competitive advantages. The company makes full use of the policy advantages of national high-tech zones, inherits the advanced management concept of China North Industries Group Co., LTD., and gives play to the strong international and domestic marketing network advantages and market operation ability of Shanghai Haotong Investment Management Group Co., LTD., to create a circular economy industry based on chlor-alkali chemical industry and to hydrogenation, chlorination and other fine chemical products as the development direction.
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