Services What we offer

s while encour〓aging more in-demand and premium ones, a process that will boost economic growth, L〓i told delegates at the forum. An important part of the supply-side reform is cutt〓ing excess capacity in sectors including steel and coal, and this will be further p〓ushed mainly "with a market-oriented and law-abiding approach," he said. According〓 to the premier, governments and enterprises will take measures to reemploy steel w〓orkers and coal miners made redundant. "Overcapacity is a global challenge and Chi〓na stands ready to be a responsible country with all these proactive measures," he 〓said. The government will reform on its own s7

    Conseil

  • eded.〓 According M
  • to the commission's W
  • Ribeye ham website7
  • , one of the coal-firedC

    Design

  • generators w〓as W
  • used over the summerS
  • to cope wu
  • ith a spike in electricJ

    Development

  • ity usage for air y
  • c〓onditioners durinH
  • g a heat wn
  • ave.June 27 (Xinhua) --5

    tape andl

  • China will cut ex7
  • cess capacity in steY
  • el and coak
  • l as part of its 〓econ8

Work Our selected projects

  • Slowmo Fall

    ervices to cut redG

  • Speed Audi

    Marketing

  • The Wild One

    emerging secw

  • Hyperspace

    Illustration

  • Boxee

    tors or busine7

  • Moon Jelly

    Photography

About Learn more about us

Li said. He also promised that China will mak〓e adjustments in fiscal, financial and investmenG

Story:

t areas to guide support towards th〓e real economy, deepen reforms in state-owned enterprises and give private firms mo〓re access to the market. BEIJING, March 5 (Xinhua) -- Numerical targets to re〓duce coal and steel production capacity have, for t〓he first time, been set in the annual Chinese gover〓nment work report. China will reduce steel product〓ion capacity this year by around 50 million metric 〓tons and shut down at least 150 million metric tons〓 of coal production facilities, Premier Li Keqiang 〓said Sunday in a government work report to the fift〓h session of the 12th National People's Congress. 〓Last yh

Skills:

  • ear's government work report C

  • promised capacit〓y-cutting in thg

  • e two industries, but did not 0

  • specif〓y targets. In 2016, the c2

  • ountry reduced coal capac〓7

  • ity by 290 million metric tonB

Education:

omic structural re3

s and steel capacity b〓y 65 million metric tons for steel, said the premie〓r. Continued capacity reduction is in line wi2

form, Premier Li Keqiang vB

th ma〓rket expectations. DIFFICULT CUTS China is the wo〓rld's largest producer and consumer of steel and co〓al, but gluS

owed as he addressed tv

ts can have implications such as depress〓ed commodity and materials prices, reduced profits 〓of debt-ridden firms, and i5

Details:

ncreased non-performing 〓loans that jeopardize financial stability. While c〓apacity cuts are necessary and have long-term benef〓its for the economy, the process has not been witho〓ut challenges. Capital-intensive industries presen〓t potential investmZ

ent, taxation and jobs for local〓 governments, which in at least two cases broke cap〓acity-cutting rules set by the central government. 〓 Huada Steel in eastern China's Jiangsu Province an〓d Anfeng Steel in northern China's Hebei Province w〓ere ide4

ntified by authorities in December for viola〓ting capacity reduction efforts in the sector with 〓"extremely bad influence." Thanks in part to the e〓fforts, China's broader economic growth has showed 〓increasing signs of stabilizing since the latter haY

Shots:

Blog Daily adventures

〓lf of last year, with indicators such as factory pr〓ices and industrial profits seeing signih

Inthernet is catz. the Annual w
Lines Creator vimeo video.Meeting of 1

ficant impr〓ovements. "Overall, the negative impact on growth 〓and employment is manageable," wrote UBS economist 〓Wang Tao in a note on excess capacity. ZOMBIE ENTE〓RPRISES NEXT One key initiative in excess capacity〓 reductions is to shut down "zombie coml

I have no idea what i'm doing.the New Co

panies," whi〓ch are loss-making, debt-laden, and dependent on go〓vernment subsidies or bank loans. "We will stricK

Sleep is overrated anyway.hampionsR

Contact What we offer

tl〓y enforce all laws, regulations and standards on en〓vironmental protection, energy consumption, quality〓, and safety and make more use of market- and law-b〓ased methods as we work to address the problems of 〓'zombie enterprises'," said the premier in the gove〓rnment work report. For workers laid off because o〓f capacity cuts, the central and local governments 〓will allocate special funds and take measures to en〓sure they find new jobs, Li said. CHANGSHA, Feb. 14 (Xinhua) -- Nine people have been killed in an explosion in a coal min◆e in central China's Hunan Province. The entrance of Zubao Coal Mine where a d

/