BEIJING, May 10 -- China will carry on phasing out sub-standard production capacity, especially in fields of steel and iron, coal-mining and coal-fired power plants, to keep up with targets set for the year.
The decision was made at a State Council executive meeting, which was presided over by Premier Li Keqiang on Wednesday.
Li listened to reports on the latest progress of this year's campaign to cut excess capacities of steel, iron, coal-mining and coal-fueled power generation, as well as the findings of inspections over the drive in concrete and glass sectors.
Li said reforms offer the way forward in cutting overcapacity, which is a vital part of the supply-side structural reform.
"China takes the initiative to reduce production capacity based on its own national conditions. The efforts are to make the growth model and economic structure shift to new economic drivers," he added.
The government work report Li delivered in March set targets for this year to cut steel and iron overcapacity by 50 million tonnes and coal mining by 150 million tonnes respectively, as well as to phase out coal-fired power generation capacity of more than 50 million kilowatts.
As of Wednesday, 31.7 million tonnes of steel and iron capacity and 68.97 million tonnes of coal capacity have been cut, accounting for 63.4 percent and 46 percent of their annual goals respectively.
The meeting decided to adopt more methods based on market rules and related laws while phasing out outdated capacities. It also decided to eliminate illegal productions and prevent shutdown production from flaring up again.
By the end of June, all facilities to produce inferior-quality steel bars will be dismantled across the country. All coal mines scheduled to close this year will stop production by the end of August and will be phased out by the end of November. Close attention will be paid to prevent overcapacity of coal-fired power generation and make room for clean and better energy mix to develop.
The meeting called for support to set up platforms for startups in cities reliant on the steel and coal industries to increase employment opportunities. A new mechanism will be set up to help workers get jobs in regions with strong demand for labor. The central government will promptly allocate subsidies to guarantee welfare for relocated employees, in combination with local funds and other support.
Further endeavors will also be made to tackle debts incurred to companies with excess capacity.
The meeting also encouraged companies in these sectors to seek strength through mergers. Third-party assessment will be introduced to help strengthen governmental supervision.
调查显示 近半数受访青年接受'裸婚'
国内英语资讯:Commentary: Chinese wisdom a booster for global economy
国内英语资讯:Xi arrives in PNG for state visit, APEC meeting
谷歌开除48名性侵员工!没有丝毫离职补偿
国内英语资讯:China, Russia see vast room for further cooperation
国内英语资讯:Full text of Chinese President Xis speech at APEC CEO summit
国内英语资讯:Adjustment on military policies, institutions to deepen reform: spokesperson
国内英语资讯:Chinese premier calls for consultation, mutual openness to maintain peace, prosperity in Eas
梅根又曝黑料!竟要求前夫签署孕前协议?
国内英语资讯:Xinjiangs vocational education, training program constructive for anti-terrorism: expert
少吃肉还能保护环境?以后要多吃素!
数据显示 中国老年人容易受到网络谣言的影响
国内英语资讯:China Focus: Xi holds talks with Cuban president to advance ties
国内英语资讯:Top political advisor meets delegation of HK political advisor association
娱乐英语资讯:Bollywood actor Amir Khan expresses condolence on Chinese novelist Jin Yong
国内英语资讯:China, Indonesia agree to promote bilateral cooperation
国内英语资讯:Xi confers flag to new national fire and rescue team
国内英语资讯:China opposes U.S. unilateral sanctions against Chinese firm
国内英语资讯:Spotlight: Xi calls for inclusive, rule-based world economy at APEC meeting
中国平均每三天新增一个亿万富豪
国内英语资讯:Foreign businesses see Belt and Road as development opportunity
研究显示 中年压力会造成大脑萎缩
国内英语资讯:President Xi meets Henry Kissinger
国内英语资讯:Xi underlines reform on military policies, institutions
国内英语资讯:Senior CPC official calls for improved security of society
国内英语资讯:China to promote reform of construction project approval
国内英语资讯:Xi sends congratulatory letter to Belt and Road science organizations alliance
国内英语资讯:China Focus: China shares wisdom on poverty relief through Internet
国内英语资讯:Xinhua Headlines: From made-in-China to sold-in-China, foreign firms set to benefit at CIIE
马蜂窝回应点评抄袭传闻 称与事实不符
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |