OREANDA-NEWS. June 08, 2011. Chairman Xu Lejiang of Baosteel Group Corporation and president Jiang Weimin of Baosteel Engineering & Technology Group led a delegation to Dongguan, Guangdong Province to visit China Vanke Co., Ltd. and hold in-depth exchange with president Yu Liang of Vanke Group. Both parties vow to firmly grasp the favorable momentum of booming development of domestic green residence and steel structure housing market, strengthen the cooperation, exert respective advantages and create a new situation of industrialization of steel structure housing in China, reported the press-centre of Baosteel.

Established in 1984, China Vanke Co., Ltd. is currently the largest professional property developer in China, possessing many famous brand such as Four Seasons Flower City, Urban Garden, and Golden Homeland, etc. Last year Vanke completed the construction of 12.48 million m2of property development, and sold 8.977 million m2 with a sales volume of RMB 108.16 billion. Its business has covered 46 cities in the 3 major city clusters in Pearl River Delta, Yangtze River Delta and Bohai Rim. In recent years, the company commits itself to the exploration and research on earthquake-resistant behaviour, ecological green residence, energy conservation and environmental protection.

Xu Lejiang and his delegation interestedly visited Vanke's industrialized residence research base, and experienced many technological research achievements of Vanke in the field of energy conservation and environmental protection on the spot. When visiting the ecological demo house, Xu Lejiang spoke highly of Vanke's in-depth research on residential amenity and advancing concept of green and environmental protection.

Yu Liang said in the exchange that steel structure housing can be recycled and conforms to the concept of green residence. Vanke always commits itself to developing the green industrialised residence. He wished to strength the R&D and cooperation with Baosteel in this field to drive the rapid development of domestic industrialised steel structure housing.

Xu Lejiang pointed out in the exchange that in the near future the rapid spring of steel structure housing will be the inevitable trend of the development of industrialised residence. Both holding important positions in respective industries, Vanke and Baosteel shall firmly catch this market opportunity to give play to the respective advantages with cooperative R&D as the start, gradually strengthen and deepen the cooperation, set up and perfect a set of systematic industrial chain. It will also play an active role in consummating relevant standards and norms.

It is reported that China Vanke Co., Ltd. will also organize a delegation to visit Baosteel soon. Both parties will further enhance the exchanges between the senior executives and keep deepening the cooperation.