On May 18, the Ministry of Finance issued the “Administrative Measures for Special Rewards and Subsidies for the Structural Adjustments of Industrial Enterprises”, and will arrange special rewards and subsidies amounting to a total of RMB100 billion to help advance reduction of overcapacity in the coal and steel industries.
5月18日财政部公布《工业企业结构调整专项奖补资金管理办法》，将安排专项奖补资金推动化解煤炭、钢铁行业的产能过剩，总金额为1000亿元。