Central Govt Sends Inspections Teams to Oversee Overcapacity Cuts

Shanghai Daily: Cutting overcapacity to be monitored
“Despite some achievements, the pace in general is not fast enough,” Lian Weiliang, deputy director of the NDRC, said.

“Ten teams will be formed next week to help steer areas which have fallen behind in cutting production overcapacity.”

The probe will report on the progress made by steel and coal-producing provinces across China, ensuring that inefficiently-operated mines and steel plants will be closed. The inspection will also check whether local governments have carried out the central government’s instructions.
iFeng: 去产能暗藏“比谁慢” 看中央10个督查组怎么抽鞭子

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