(PCPA注:非官方译本。当产生歧意时,应以法律中文原文为准。This English document is not an official translation.In case of discrepancy, the original Chinese version shall prevail.) Circular of the State Council on Accelerating the Restructuring of the Sectors with Production Capacity Redundancy The State Council No.11 [2006] of the State Council March 12, 2006 The people's governments of all provinces, autonomous regions and municipalities directly under the Central Government as well as all the ministries and commissions of the State Council and the institutions directly under the State Council: It is a major and difficult task in the "11th Five-Year Plan" period to promote the strategic restructuring of the economy as well as to elevate the international competitiveness of all sectors.At the present time, some sectors make such blind investment and inefficient expansion that they have incurred production capacity redundancy, which has turned into a predominant problem in the economy.If not solved in a timely manner, the problem may further aggravate the conflict lying in the irrational industrial structure and thus impede a sustainable, fast, balanced and sound development of the economy.In order to accelerate the restructuring in those sectors with production capacity redu |
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