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upply-side reform is cutting excess capacity in〓 sectors including steel and coal, and this will be further pushed 〓mainlyB

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"with a market-oriented and law-abiding approach," he said. 〓 According to the premier, governments and enterprises will take me〓asures to reemploy steel workers and coal miners made redundant. "〓Overcapacity is a global challenge and China stands ready to be a r〓esponsible country with all these proactive measures," he said. Th〓e government will reform on its own services to cut red tape and re〓gulate emerging sectors or business models, Li said. He also promi〓sed that China will make adjustments in fiscal, financial and inves〓tment areas to guide support towards the real economy, deepen refor〓ms in state-owned enterprises and give private firms m7

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ore access to〓 the market. BEIJING, March 5 (Xinhua) -- Numerical targets to reduce coal and steel production capacity have, ●for the first time, been set in the annual Chinese government work report. China will reduce ste●el production capacitA

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