The production value of manufacturing industries in the island saw a year-on-year decline over the past seven consecutive quarters, said the department in a statement earlier this week.

Experts urge State firms to boost restructuring efforts, revitalize regional economy

Key innovative area of Shanghai hopes emerging industries can attract greater overseas investment

"To address long-term market developments and the effects of coronavirus," Thyssenkrupp announced to cut 5,000 more jobs, bringing the total of its layoffs to 11,000.

The first export consignment is scheduled to leave the Chattogram port, some 242 km southeast of the capital Dhaka, on Nov. 21, the company said in a statement.

Update makes reining in number of days with bad conditions top priority.

The deals involve smart equipment, intelligent manufacturing projects, rolling mills, and blockchain cross-border platform, according to the country's top steel-maker.

"But now there is no more black dust and pungent smell. I am surprised with the lovely days here."