This year no longer approves two high and overcapacity industries to expand capacity projects

Xinhua Beijing, May 5, the State Council May 4 issued a notice on further efforts to ensure the realization of "Eleven-Five" energy-saving emission reduction targets, the Chinese government network published the full text of the notice today. The circular calls for strict controls over high energy consumption and high emission growth.　　Strictly control the "two high" and overcapacity industry new projects. The notice requires strict controls over high energy consumption, high emission industry growth. Strictly control the "two high" and overcapacity industry new projects. All levels of investment authorities to further strengthen the project audit management, this year will no longer approve, approve, record "two high" and overcapacity industry expansion of capacity projects. All projects without EIA, energy-saving review and land pre-trial are not allowed to commence construction. For illegal projects under construction, the departments concerned should be ordered to stop construction, financial institutions are not allowed to issue loans. In order to stop the production of illegal projects, financial institutions shall not issue working capital loans, and the departments concerned shall stop supplying water supply. Implementation of the restrictions on "two high" products export policies to control the "two high" product exports.