During the Zhejiang Provincial Private Economy Conference held on January 30, many privately-owned enterprises reached agreements on major investment programs in China's Zheijiang Province. In particular, privately-owned metal manufacturer Jietai Metal Products Co. inked a contract to develop a steelmaking project with an annual production capacity of 800,000 mt of auto grade steel sheet and 200,000 mt of silicon steel sheet in Lishui, Zhejiang Province. "This is the largest steelmaking program in Lishui,' stated Ying Xinbin, president of Jietai Metal Products.