The demand for automobiles in China has kept an annual growth of around 20% featuring a “golden growth period”.
In the context of overcapacity, China’s steel industry faces two major problems: poor performance of steel companies, and intensified export trade frictions.
The focus on addressing coal industry overcapacity lies in structure optimization.
Asthe world’s largest producer, exporter and consumer of textiles and garments, China boasts a complete upstream and downstream industrial chain with a certain number of superior enterprises as well as technological, capital, personnel and other core resources.