综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Economy

Markets

Industries

Insights

Reports

Events

China to boost mergers in steel sector

(Xinhua)
Updated: 2009-11-11 09:28

China will encourage mergers and restructuring in the steel sector to help forge three to five producers with sharp international competitiveness, said the Ministry of Industry and Information Technology in a statement on its website Tuesday.

A total of six to seven leading steel producers will be encouraged to implement strategic mergers and restructuring across the country, according to the Guideline to Promote Steel Sector Mergers and Restructuring.

The guideline was made to tackle domestic steel sector's structural problems like low industry concentration and high percentage of backward production capacity, the statement said.

Related readings: Shangang arms' reverse merger on track CSRC approves Hebei Steel merger plan  Glut in output may hurt steel industry, says CISA  US sets duties on China steel goods as cases mount

The ministry also mapped out Steel Sector Admittance Requirements. It intends to regulate steel enterprises through enforcing standards on product quality, environmental protection, energy consumption, comprehensive utilization of resources and production scale.

The ministry will publicize a list of enterprises that meets these standards.