"What we call the industrial order is built upon the group standard," said Yang Hanliang, president of the Wuxi Stainless Steel Association. "Wuxi should be the place to launch this standardization because the trading volume of stainless steel in Wuxi makes up 40 percent of the nation's total. As much turnover as the number brought, so did the responsibility.

"This will be a milestone both in and outside the stainless steel industry and its influence will be far-reaching, from Wuxi to Jiangsu and even further," Yang added.

"After the release of the group standard, we will have a unified standard for the industry," said Zhang Xuezhu, co-founder of Fansheng Stainless Steel, one of the member corporations of the Wuxi Stainless Steel Association. "I have been engaged in the stainless steel industry for years and now I'm glad to see the industry becoming more normative."