Ningxia eliminates outdated capacity of 3.18 million tons in 2018
2019-01-07 17:58:22 [Print]
In 2018, Ningxia eliminated outdated overcapacity of 3.18 million tons in total, about 2.25 million tons more than that in 2017, by removing ineffective supply and strictly restricting the construction of unapproved steel or primary aluminum production capacity.
According to the Department of Industry and Information Technology of Ningxia Hui Autonomous Region, in 2018, 13 enterprises from 7 industries eliminated capacity of 2.23 million tons in total and were awarded financial incentive of RMB22.58 million; 3 three enterprises from 3 industries eliminated outdated capacity of 950,000 tons In accordance with the law and regulation.
According to the Department of Industry and Information Technology of Ningxia Hui Autonomous Region, in 2018, 13 enterprises from 7 industries eliminated capacity of 2.23 million tons in total and were awarded financial incentive of RMB22.58 million; 3 three enterprises from 3 industries eliminated outdated capacity of 950,000 tons In accordance with the law and regulation.
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