China will not set blanket winter output cuts for heavy industry

BEIJING - China’s central government will not set overall output restrictions on heavy industry for the coming winter, but will direct local governments to set limits based on manufacturers’ emissions, the environment ministry said on Friday.

Heavy industry includes steelmaking, coal-fired power plants, cement factories, coke plants, metal casting and chemical production. Last week, the statistics bureau in Shaanxi province, the latest target in Beijing’s anti-pollution campaign, said its industrial growth is under pressure, partly because nearly a quarter of firms in the regions were shut down or forced to cut output.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trade talks keep stocks afloat, weak PMIs sink euroGlobal shares crept higher on Wednesday as prospects of fresh China-U.S. trade t... Don't tell me they're 90% done?! This bubble can last only so long. My guess it popsjust before the election next year.
Source: Reuters - 🏆 2. / 97 Read more »