China Has Exited More Than 1.7 Million Tons Of Steel Production


The Thirteenth National People's Congress was held at the Great Hall of the People on 5th March,Premier Li Keqiang reported on the work of the government.

On the work of the government,Premier Li Keqiang pointed,during the past five years,China increased its capacity to iron and steel, coal and other industries on the basis of backward productivity, such as cement, flat glass and so on. The central finance arranges the 100 billion yuan special award to supplement the fund to support the resettlement of the workers.

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China has exited more than 1.7 million tons of steelproduction in five years and 8 million tons of coal production. And what’s more,China's inventory of commodity houses in third-tier and fourth-tier cities has achieved remarkable results,and the house price of some cities has been controlled by a series of policy.