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China to cut more outdated capacity

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China will continue to shut down outdated capacity in several major sectors to reduce pollution, save energy, and upgrade industry. The State Council announced the step in a statement released on Tuesday.

The sectors include power, coal, steel, cement, non-ferrous metals, coke, paper making, tanneries, and printing and dyeing. The government has recently stepped up the shutdown of outdated production capacity, which is blamed for causing pollution and stifling industrial upgrades. China closed more than 50 gigawatts worth of small coal-firing power generators in a four year interval lasting through 2009, one year ahead of a goal set for the period between 2006 and 2010.

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