The iron and steel industry, as the forerunner of China's supply-side structural reforms, has vigorously promoted 'three gos, one drop and one supplement,' to resolve excess production capacity as a breakthrough point, optimize the structure, upgrade difficulties, and improve quality and efficiency.” Chi Jingdong pointed out that a large number of Iron and steel companies have started to practice high-quality development. These enterprises have characteristics in various aspects such as equipment level, product innovation capability, smart manufacturing, green development, employee recognition and profitability, laying a solid foundation for China's steel industry to achieve high-quality sustainable development.

The Chinese steel industry has created a glorious performance worthy of history and worthy of the people, and created an industrial culture and values that have Chinese steel characteristics.” Chi Jingdong finally stressed that “into a new era, embark on a new journey, to overcome difficulties, Fighting forward, the steel industry can achieve high-quality development and can fully take the lead in achieving high-quality development, build a modern steel that is both large and strong, and lay the foundation for achieving the goals of the 'two hundred years' struggle and the Chinese dream of a great rejuvenation of the Chinese nation.