Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
China outperforms target
Print Edition
CHINA has beaten its target to slash production of steel by 45 million tons and coal by 250 million tons respectively, the National Development and Reform Commission announced yesterday.
Over 2,600 coal mines, whose annual capacity was lower than 300,000 tons each, have been closed. Thanks to the balanced supply-demand relation, “profits of coal companies with an annual output over 200 billion yuan grew 112.8 percent from a year ago to 53.8 billion yuan (US$7.8 billion) over the first 10 months,” Xu Kunlin, deputy secretary general of the commission, said.
Meanwhile, 73 steel companies listed in the China Iron and Steel Association registered a profit of 27.8 billion yuan from January to October.
The target of cutting 45 million tons of steel was met in October, while coal reached the target yesterday, Xu said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
