overcapacit

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The government says China will move to cut overcapacity in its petrochemical sector by closing outdated plants and consolidating production.The State Council said on Wednesday that the government will build seven mega-pe

The Commerce Ministry says that the reduction of excess capacity in the global steel sector will take international cooperation. Ministry spokesman Shen Danyang said Tuesday after a high-level meeting on steel in Brussel

China will not have another layoff wave as it reduces overcapacity in such sectors as steel and coal mining, Xu Shaoshi, minister of the National Development and Reform Commission, said on Sunday.3月6日，发改会主任徐绍史

TAIYUAN, Jan. 5 (Xinhua) -- China must put unyielding effort into eliminating excess industrial capacity to make way for new growth engines, especially mass entrepreneurship and innovation, Premier Li Keqiang has said.Li

Premier attend smeeting aimed at finding solution for the iron, steel and coal industriesEfforts will be strengthened by the central government this year to reduce overproduction and overcapacity, according to Premier Li