China's top steelmaking region of Hebei will cut 14 million tonnes of annua...
BEIJING - China’s top steelmaking region of Hebei will cut 14 million tonnes of annual steelmaking capacity in both this year and next year as it strives to improve air quality, the province’s Communist Party head said on Thursday.
“We would rather sacrifice GDP in order to guard blue sky in Beijing. That’s a political task,” Wang said. At the start of this week’s parliamentary gathering, China set its 2019 GDP growth target at 6.0 to 6.5 percent, versus growth last year at 6.6 percent, the slowest since 1990.
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