SASAC said that in January, the output of raw coal, sales of refined oil products and the production and sales of steel products of central enterprises have all maintained steady growth. Trade volume has also delivered rapid growth.

In addition, the downward real estate investment will drive down the output of traditional industries such as steel, nonferrous metals and cement.

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As the pillar industry of Inner Mongolia, coal is widely said to have made important contributions to its economic and social development.

The two provinces will also reinforce cooperation in the fields of manufacturing and energy to take advantage of renewable energy resources in the country.