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399 results for "

overcapacity

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  • No Large-Scale Cuts From Chinese Coal Mines
    Mar 9, 2017

    China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. ...

    Tags: Coal Mines, Coal

  • China's Latest Five-Year Plan Could Be Its Last
    Feb 24, 2017

    The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and 2020, is akin to the ...

    Tags: five-year plan, political economy

  • Coal Production Down 9.4 Pct in 2016
    Feb 3, 2017

    Amid the country's effort to build a greener energy system, the country's raw coal production by its large-size coal companies continued to decline in 2016. Combined raw coal production from the country's designated large coal ...

    Tags: Coal Production, Coal

  • World Bank Expects Chinese Economy to Grow
    Jan 11, 2017

    The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...

    Tags: World Bank, Chinese Economy

  • China Eyes Greener Energy Mix by 2020
    Jan 10, 2017

    Amid spiking energy demand and mounting environmental challenges, China is striving to build a greener energy system, with more investment flowing to the clean energy sector in the coming years. China's total energy consumption will be ...

    Tags: Greener Energy, clean energy

  • Decline in Demand to Limit Steel Production
    Dec 13, 2016

    Iron and steel output in China in 2017 is expected to fall due to the shrinking demand of steel consumption industries and continuing efforts to cut overcapacity, according to a report. Decline in demand to limit steel production ...

    Tags: Iron, Steel

  • China Is Facing Growth Deceleration
    Dec 12, 2016

    A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As ...

    Tags: Chinese economy, global economy

  • China Sets Major Economic Tasks for 2017
    Dec 10, 2016

    The Communist Party of China (CPC) Friday specified major tasks for the economic work in 2017, including further advancing supply-side structural reform. The country should push forward reforms in key sectors, including state-owned ...

    Tags: CPC, China's economic growth

  • China Steel, Coal Capacity Cut Target Achieved
    Nov 25, 2016

    China has "basically" achieved this year's steel and coal capacity reduction goals, according to a State Council statement. A statement released after a State Council executive meeting presided over by Premier Li Keqiang spoke highly ...

    Tags: steel, coal capacity

  • China Set to Hit Steel, Coal Capacity-Cut Targets Early
    Oct 31, 2016

    China will hopefully achieve its annual steel and coal capacity reduction goals ahead of schedule this year, the country's top economic planner said on Tuesday, as local authorities have intensified efforts in recent months due to pressure ...

    Tags: Steel, Coal Capacity-Cut Targets

  • Consumption Growth Called Key
    Oct 24, 2016

    Consumption is the major economic driver, showing the nation's success in rebalancing the economy, but more efforts are needed to sustain growth, with heightened pressure in sectors with overcapacity, economists said. "China is on the ...

    Tags: Consumption, economic driver

  • China's Tax Revenue up 7 Pct in Nine Months
    Oct 24, 2016

    China collected 8.97 trillion yuan (1.33 trillion U.S. dollars) in taxes from January to September, up 7 percent year on year, the State Administration of Taxation (SAT) said Thursday. The tax revenue growth in the first nine months ...

    Tags: tax revenue, taxes

  • Steel Prices in China Rise Mildly
    Oct 12, 2016

    Steel prices in China, the world's biggest steel producer and consumer, rose mildly last week as market sentiment improved slightly but demand remained subdued, latest industry data showed. China's steel industry has long been plagued ...

    Tags: Steel

  • China's Industrial Profits Showed Positive Changes
    Oct 1, 2016

    China's industrial profits showed positive changes in August thanks to policy-level efforts to reduce waste and also to a low base of comparison. But economists hastened to add that uneven growth is seen across sectors, and the ...

    Tags: Industrial Profits, industrial output

  • China's Industrial Profits Grow 19.5% in Aug.
    Sep 28, 2016

    China's industrial profits rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August, official data showed Tuesday. The growth rate was faster than the 11-percent increase registered one month ...

    Tags: Industrial Profits, oil processing industries