IN BRIEF (Page 10)

Projects rejected

China has rejected proposals to build industrial projects worth almost 200 billion yuan ($29 billion), and said it is mulling new measures to close factories and curb overcapacity and pollution. The government will target steel, aluminum, coke, cement, paper and utility industries, Zhu Xingxiang, director of environment evaluation department at the Ministry of Environmental Protection, said on Friday.

New CSRC rule