A newly founded Chinese firm plans to invest nearly 5 billion yuan (773 million U.S. dollars) to develop and produce energy-efficient building materials in the next five years, it announced on 16th Dec., 2015.

The company, based in Chengdu, capital of southwest China's Sichuan Province, will focus on developing recyclable and cutting-edge building materials.

Aluminum building materials will be increasingly used in the country' urbanization drive in order to reduce emissions and save energy, according to the company.