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China could meet target of cutting coal overcapacity in 2018

China is expected to basically complete its target of cutting the overcapacity in the coal industry in 2018, said Zhao Chenxi, head of the Economic Operation Regulatory Bureau at the National Development and Reform Commission, Economic Daily reported. According to the 13th Five-Year Plan (2016-2020), China will eliminate a total of more than 800 million […]

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