Going overseas the solution to China's supply glut
Only route is to shift production facilities abroad, where demand still has potential to grow: official
Thu, Jul 23, 2015 - 5:50 AM
Mr Huang said that tackling overcapacity would be a key task of China's next Five-Year Plan covering 2016 to 2020.
CHINA'S problems with industrial overcapacity remain severe and the only way to solve them is by shifting production facilities abroad, where demand still has the potential to grow, an official at the industry ministry said on Wednesday.