产能转移 capacity relocation

当前中国经济领域普遍出现产能过剩，其中钢铁业居产能过剩行业之首。为化解产能过剩，发改委提出将钢铁企业的产能向国外项目转移。

Steel firms to relocate capacity abroad -- In a move designed to combat overcapacity in the steel sector, China will relocate some factories and encourage more companies to invest in overseas projects, said an official with the country's top planning agency.

钢铁企业将向国外转移产能——国家发改委的一名官员称，为了抑制钢铁行业产能过剩，中国将转移一部分钢铁工厂，鼓励更多公司投资海外项目。

“产能转移”就是relocate capacity，即把工厂连同人力、技术、设备完整地转移到另一个地方。现在钢铁行业出现了严重的overcapacity 严重的产能过剩造成了waste and inefficient allocation of resources 一方面，钢铁行业实施“going-out” strategy