In recent years, governments at all levels have been working to trim overcapacity. In 2016, the State Council issued two guidelines to fight against excess steel and coal production, demanding a reduction of nearly 500 million metric tons of coal and 100 to 150 million tons of steel in three to five years.
China will never seek its development at the cost of sacrificing other nations' interests, and its development will pose no threat to any other country, President Xi Jinping said on Tuesday.
The time is around 5pm and the taxi driver weaves his way through the traffic congested tarred roads but sometimes the traffic jam would get us to a momentary stop as if to allow me to take a photo or just to see the high-rise buildings which seem to tuck in the world’s biggest population.
"We will devote more energy and take more concrete measures in ensuring and improving people's living standards, strengthening and developing new approaches to social governance, resolutely winning the battle against poverty, promoting social fairness and justice and making steady progress in ensuring people's access to child care, education, employment, medical services, elderly care, housing and social assistance," Xi said.
The Chinese mainland is warning Taiwan authorities that "courting foreign support to build you up will only invite trouble", a spokesman for the mainland said on Wednesday.
"China will never seek hegemony or engage in expansion," he said. "Only those who are accustomed to threatening others see everyone as a threat."