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l and investment areas to guide support ◆towards the real economy, deepen reforms in state-owned enterpris◆es and give pri5


vate firms more access to the market. BEIJING, March 5 (Xinhua) -- Numerical targets to reduce coal and steel production cap2

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acity have, fo◆r the first time, been set in the annual Chinese government work report. China will reduce steel p◆roductioU

n 5

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capacity this year by around 50 million metric tons and shut down at least 150 million me◆tric tons of coal production facilitiesI

, d

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Premier Li Keqiang said Sunday in a government work report◆ to the fifth session of the 12th National People's Congress. Last yea2


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s government work report p◆romised capacity-cutting in the two industries, but did not specify targets. In 2016, the country ◆re3


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ced coal capacity by 290 million metric tons and steel capacity by 65 million metric tons for s◆teel, said the premier. Continuedz

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