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To actively and prudently address severe overcapacity in the steel,cement,electrolytic aluminum,plate glass and shipping industries,and guide the resolution of overcapacity in other industries,recently the State Council printed and issued the Guidance for Dissolving Severe Overcapacity(hereinafter referred to as the“Guidance”).The Guidance requires efforts to be made to resolve overcapacity in a selective,focused and relevant manner in industries with severe overcapacity.It is required that by the end of 2015
To actively and prudently address severe overcapacity in the steel, cement, electrolytic aluminum, plate glass and shipping industries, and guide the resolution of overcapacity in other industries, recently the State Council printed and issued the Guidance for Dissolving Severe Overcapacity (hereinafter referred to as the “Guidance ”). The Guidance requires efforts to be made to resolve overcapacity in a selective, focused and relevant manner in industries with severe overcapacity. It is required that by the end of 2015