18 January 2019

New NDRC system to raise alarm on overcapacity, paper says

China is building an early warning system that will sound the alarm over potential overcapacity, China Daily reported Wednesday, citing the country’s top planning agency. The National Development and Reform Commission said the system will collect industrial information and issue warnings based on analysis of the data, the report said. Commission official Chen Bin said the platform will also exchange data with the Ministry of Land and Resources, the Ministry of Environmental Protection and the China Banking Regulatory Commission, to improve the accuracy of the analysis, it said.

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