A worker inspects steel pipes at a warehouse in Zouping County, Shandong Province, in this file photo. The government will encourage financial institutions to withdraw loans from sectors with excess capacity in a market-based way, the National Development and Reform Commission said Friday. The country’s top economic planner also said China will promote mixed-ownership reform of State-owned firms among steel, coal and coal-fired power sectors to speed up the integrated development of those industries.SD-Agencies |