Manufacturing
For some time Shanghai has been the country’s leading industrial and manufacturing centre because of a distinctive combination of factors. Those include the availability of a large, highly skilled, and technologically innovative workforce; a well-grounded and broadly based scientific research establishment supportive of industry; a tradition of cooperation among producers; and excellent internal and external communication and supply facilities.
The iron and steel industry there was one of the earliest to be established in China. In the 1950s the blast furnace capacity of the industry was enlarged, and attempts were made to integrate the operations of the iron and steel industry more closely with the machine-manufacturing industry. Iron and steel companies started to build new facilities north of the city in the Baoshan area in the late 1970s; one of those, the Shanghai Baosteel Group Corporation, has been one of the…
