2016-05-19

Pilot Approach to Overcapacity

The very first stages of dealing with overcapacity are set to begin in 5 of the hardest hit provinces.
Authorities said the first pilot steel including Shandong, Shanxi, Hebei, as well as a number of SASAC's central rate, coal include Heilongjiang, Shanxi, Shaanxi and a number of SASAC's central rate. "The reason why the selected pilot projects, it is hoped that a better experience through pilot representative discover problems, to better clear roadblocks to reform."
They still have yet to set timetables though.
iFeng: 煤炭钢铁去产能试点:含山西、山东等五省及多家央企

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