Li keeps China's focus on cutting excess capacity

China will continue retiring substandard production capacity - especially in steel and iron, coal mining and coal-fired power plants - to keep up with targets set for the year.

The decision was made at a State Council executive meeting, which was presided over by Premier Li Keqiang on Wednesday.

Li listened to progress reports on this year's campaign to cut excess capacity in those four areas, as well as reports on cuts in the concrete and glass sectors.