USEUROPEAFRICAASIA 中文双语Français
Home / China

Hebei shoulders capacity cutbacks

By Zheng Jinran | China Daily | Updated: 2016-03-09 08:19

Beijing's smog-hit neighbor Hebei needs more subsidies to help it reduce overcapacity in its major polluting industries, according to provincial officials.

Zhang Qingwei, the governor, told a group discussion among deputies of the National People's Congress on Tuesday that iron and steel production capacity in the province would be limited to 200 million metric tons per annum by 2020.

This means that 60 percent of existing iron and steel companies in the province will be shut down or merged during the next four years.

Hebei shoulders capacity cutbacks

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US