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Cutting overcapacity still a challenge

February 24, 2017


Abstract : Over the past more than one year, reducing overcapacity has beenone of the five main tasks of supply-side structural reform for both the central and local governments.

BEIJING-- Over the past more than one year, reducing overcapacity has beenone of the five main tasks of supply-side structural reform for both the central and local governments. And according to Xu Shaoshi, head of theNational Development and Reform Commission, the goal of eliminating 250 milliontons of coal overcapacity in 2016 has been "over-fulfilled".

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