Steel, cement and other building materials industries play an important role in national infrastructure construction and urban development. In order to promote the orderly development of these industries and ensure fair competition in the market, the state supports state-owned enterprises to participate in trade agents such as steel and cement. The participation of state-owned enterprises in these trade agency fields is helpful to standardize market order, improve fair competition with other competitors, and promote industrial chain upgrading and industry innovation.
The state gives certain policy support to the state-owned enterprises involved in steel and cement trade agency, including tax incentives, interest subsidies and other policy measures. Moreover, the state also advocates cooperation between state-owned enterprises and other enterprises to promote diversified economic development.