BEIJING, March 5 China will cut steel capacity
by 50 million tonnes and coal output by more than 150 million
tonnes this year, its top economic planner said on Sunday in a
work report at the opening of the annual meeting of parliament.
The National Development and Reform Commission (NDRC) said
it would shut or stop construction of coal-fired power plants
with capacity of more than 50 million kilowatts.
The targets come after the world's top coal consumer and
steel maker far exceeded goals last year to eliminate 250
million tonnes of coal and 45 million tonnes of steel capacity.
(Reporting by Meng Meng and Dominique Patton; Writing by
Josephine Mason and Aizhu Chen)