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January 16 News: In the past two years, the steel and coal industries vigorously carried out efforts to resolve excess production capacity and cracked down structural reforms on the supply side such as ground-based steel and debt-to-equity swap so that the efficiency of enterprises generally increased substantially.
Xiaonong, inspector of the Industrial Development Coordination Department of the National Development and Reform Commission, stressed at the 2018 council of the China Iron and Steel Association (CISA) on January 13 that "in 2018, the steel and other industries should continue to consolidate the previous period Hard-earned capacity to yield results, strict control of new capacity violations; the same time, we must make our determination to further promote mergers and acquisitions, to enhance industrial concentration. "Titanium brush custom cnc machining parts manufacturer
January 5, the National Development and Reform Commission announced on the official website "on the further promotion of mergers and acquisitions of coal enterprises transformation and upgrading of opinions." Clearly stated that it is necessary to "vigorously promote the implementation of mergers and acquisitions among coal enterprises of different sizes, regions, industries, and coal types in China," "support coal-electricity joint ventures" and "support the merger and reorganization of coal enterprises and coal chemical industry or other related industries and enterprises