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China to lift threshold for cement and glass sectors

Post Time:Dec 07,2009Classify:Industry NewsView:95

It is reported that in January to October 2009 cement production was up by 18 percentat more than 1.3 billion tons while production of flat glass was up 2.5 percentto nearly 470 million weight boxes. Both sectors have successfully made deficits into surpluses.Mr Xiong Bilin Inspector of Industrial Coordination Division NDRC said "Projects involving new capacity building or expansion in the steel industry will be refused approval while glass projects will no longer be put on the records of local governments. So investment in these two sectors will cool down," according to a Dec. 7 Steel Guru report.

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Source: http://www.glassmagazine.com/news-item/commercial/china-lift-threshold-cement-and-glass-sectorsAuthor:

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