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http://www.ecns.cn/learning-Chinese/2016/06-22/215323.shtml
Jun 22nd 2016, 17:00
Learning Chinese
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cutting overcapacity
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"Cutting overcapacity" refers to methods applied by governments to reverse situation in which an industry or business cannot sell as much as it produces, so as to curb cutthroat competition. Cutting overcapacity is one of the major tasks for the Chinese government this year.
Related news: China moves to reduce non-ferrous metal overcapacity
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China-U.S. dialogue makes progress in BIT talks, overcapacity, RMB trading China committed to cutting steel overcapacityChina calls for joint efforts to deal with overcapacityNation 'facing up' to industrial overcapacityLoans to overcapacity industries up only 0.1%
China to maintain prudent monetary policy, reasonable credit growth: premierSOE pilot programs near launch: reportRegulator says investors are more upbeat on renminbiNation seeks opening of capital markets: PBOCDozens of countries support China's stance on South China Sea: FM
China, Uzbekistan elevate ties to comprehensive strategic partnership Train derails in Taiwan, two injured Visitors rush to watch new carrier rocket launch on June 25 Starbucks price hike in China draws complaints Central bank mulls CDRs for Chinese investors
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