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nce w〓ere identified by authorities in December for viola〓ting capacity reduction efforts in the 7

lenges. Caz pital-intenR

Capture unforgettable moments.

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 ha〓lf of last y5

  • sive industries presen〓t potential inz
  • vestment, taxation and jobs for local〓 govu
  • ernments, which in at least two cases broke cF
  • ap〓acity-cutting rules set by tho
  • e central government. 〓 Huada D
Steel in eag stern ChinaI

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ear, with indicators such as factory pr〓ices and industrial profits seeing significant impr〓ovements. "Overall, tL

malesuada fames turpis.

he negative impact on growth 〓and employment is manageable," wrote UBS economist 〓Wang Tao in a note on excess ca3

malesuada fames turpis.

pacity. ZOMBIE ENTE〓RPRISES NEXT One key initiative in excess capacity〓 reductions is to shut down "zombie companE

malesuada fames turpis.

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

malesuada fames turpis.

 enforce all laws, regulations and standards on en〓vironmental protection, energy consumption, quality〓, and saG

malesuada fames turpis.

fety and make more use of market- and law-b〓ased methods as we work to address the problems of 〓'zombie enterprisQ

  • es'," 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 Hunan8

    's Jiang0 su Province ab
  • Province. The entrance of Zubao Coal Mine where a blast o◆ccurred is seen in Lianyuan City, central China's Hunan Province, Feb. 14, 2017. At lea◆st eight people were confirmed dead after the blast hit the coal mine at 1:37 a.m, loca◆l authorities said on Tuesday. (Xinhua/Li Ga) The blast occurred at 1:37 a.m. Tuesday ◆at Zubao Coal Mino

    n〓d Anfen4 g Steel in northe4
  • e in Lianyuan City, authorities said.A total of 29 people were working◆ underground, 16 of whom managed to escape from the shaft. Another four were rescued.Th◆ree injured miners are being treated in hospital and described as stable.Work is contin◆uing to retrieve the bodies of three victims in the flooded shaft.The licensed coal min◆e wit2

    rn China'sA Hebei Provie

h an annual production capacity t

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