China will adjust its income distribution system and narrow the income gap in the next five years, a document from the Communist Party of China (CPC) said Tuesday. China's aims to "significantly" increase the wages of the low-income ...
China has this week ordered 58 companies, ranging from steel, coke and cement producers, to cut excess production capacity by the end of the year, in the latest attempt to ease overcapacity in bloated sectors. This is the third batch of ...
Tags: Overcapacity, Metallurgy