国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

China prohibits support policies for illegal steel capacity

Source: Xinhua| 2018-08-21 18:25:01|Editor: xuxin
Video PlayerClose

BEIJING, Aug. 21 (Xinhua) -- Chinese authorities on Tuesday released a set of rules regulating government policies for the steel industry, prohibiting any support for illegal capacity in the sector.

In a notice jointly released by nine government agencies including the Ministry of Commerce and the Ministry of Finance, local authorities were told not to release any measures hampering the elimination of steel capacity that did not meet certain standards and the clean-up of "zombie" companies.

Regarding policies on encouraging innovation, research and technology progress in the industry, local regions should step up supervision and inspection to make sure policy funds are properly used.

The notice also stressed that the country's steel trade policies should comply with WTO rules, banning the release of export subsidies and import substitution subsidies breaching such rules.

The notice was the latest sign of government determination to regulate overcapacity after efforts in cutting capacity in recent years helped support economic growth.

China plans to cut 30 million tonnes of ineffective steel capacity and 150 million tonnes of coal capacity in 2018, according to a government work report released earlier this year.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001374075381
主站蜘蛛池模板: 文安县| 多伦县| 廊坊市| 朔州市| 驻马店市| 临桂县| 织金县| 化德县| 温泉县| 阿坝县| 郯城县| 靖州| 鲁甸县| 开原市| 邳州市| 海丰县| 海兴县| 汾西县| 罗定市| 廉江市| 出国| 乌恰县| 东港市| 寿宁县| 洪泽县| 茶陵县| 牡丹江市| 旌德县| 延安市| 玉溪市| 扶绥县| 新密市| 大洼县| 定日县| 卫辉市| 阜康市| 淮北市| 聂荣县| 建阳市| 宝丰县| 留坝县|