Currently, Lanzhou is an important industrial city with a relatively complete industrial structure that focuses on petrochemical industry, nonferrous metallurgy, mechano-electric, light industries, building materials, pharmaceutical food, trade circulation, energy output and so on.

Being a significant industrial base in China, Lanzhou possesses industry sectors with many years of development and construction, including textile mills, rubber processing and fertilizer plants, oil refinery, petrochemicals, machinery and a metallurgical industry.

Gansu has one of the largest oil refineries in the country and Lanzhou itself is at the center of the province's petrochemical industry. Lanzhou has a large refinery linked to the fields at Yumen by pipeline. It also manufactures equipment for the oil industry.

Lanzhou has a large textile industry, particularly noted for the production of woolen and leather goods. In addition, Lanzhou produces locomotives and rolling stock for the northwestern railways, as well as machine tools and mining equipment. Aluminum products, industrial chemicals, and fertilizers are produced on a large scale and the area possesses a large rubber industry. Copper is mined in nearby Gaolan.

Over the past three decades, after conducting the reform and opening up policy, newly emerging industries have become the new economic growth poles in Lanzhou, including those in the fields of high molecular synthetic materials, biomedicals, mechano-electronics, fine chemicals, new building materials, the cultural industry, instruments and meters, logistics services and so on.

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