Consistency, commitment key to reforms

Local governments in China should strike the right balance between economic growth and reforms. Else, development would be slow and lack balance, preventing the nation from meeting its capacity reduction targets, economists and analysts have warned.

"Efforts to cut overcapacity lagged far behind expectations in the first seven months (of this year), with notable imbalances in progress across regions and factories," said Xu Shaoshi, head of the National Development and Reform Commission.

Other experts said regional disparity in development has a lot to do with different local economic structures and hurdles to efforts to cut overcapacity.