China Targets Wasted Production in Key Sectors to Reduce Pollution and Overcapacity

Thursday, 30 May 2024, 11:00

China is cracking down on wasted production in critical sectors such as steel, petrochemicals, non-ferrous metals, and building materials to address pollution and overcapacity. The new regulations strictly prohibit or restrict new capacity in certain subsectors, aiming to improve environmental sustainability and optimize industry efficiency.

https://store.livarava.com/054ad4f9-1e74-11ef-a3e7-9d5fa15a64d8.jpg — China Targets Wasted Production in Key Sectors to Reduce Pollution and Overcapacity

China's Anti-Pollution Measures

China has identified steel, petrochemicals, non-ferrous metals, and building materials as key sectors for reducing pollution and overcapacity.

New Capacity Restrictions

Steel: New capacity strictly prohibited
Petrochemicals: Restrictions imposed on specific subsectors
Non-Ferrous Metals: Limited new capacity allowed
Building Materials: Capacity growth restricted in certain areas

The aim is to enhance environmental sustainability and streamline production to address industry challenges effectively.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.