State Department of Industry and Information Technology yesterday to reiterate that China's excess capacity in some industries there is increasing trend, the next step is determined to curb excess capacity in some industries and redundant construction, of which seven are raw materials industries, including steel, cement, plate glass, aluminum , polycrystalline silicon, coal chemicals, fertilizers.
The Department of Engineering, said the letter, the future will firmly curb overcapacity in some industries and redundant construction, specific measures include the above-mentioned industries with excess capacity and be strict market access, strengthen the environmental supervision and strictly in accordance with regulations for the utilization of land, are to maintain strict control monetary policy, establish an information release system.
Engineering Department also said the letter, support and guide the iron and steel, nonferrous metals guidance for enterprise mergers and reorganizations, promulgated and implemented before the end of fighting. (Xu Starfish)