摘要
CRUCIAL materials for manufacture,iron and steel are described by some as the"food of industry."China now produces half of the world’s output,and the iron and steel sector has long been a pillar of its economy.The sector has,however,been plagued by overcapacity in recent years,and this has impeded its healthy and sustainable development.Earlier this year the State Council issued a decree aiming to dissolve
CRUCIAL materials for manu- facture, iron and steel are de- scribed by some as the ＂food of industry.＂ China now produces half of the world＇s output, and the iron and steel sector has long been a pillar of its eeonomy. The sector has, however, been plagued by overeapaeity in recent years, and this has impeded its healthy and sustainable development.
