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· China releases new steel capacity replacement policy


The Ministry of Industry and Information Technology (MIIT) announced Monday a new policy to ensure zero growth of steel capacity in 2018

· Govt releases policy to ensure zero growth of capacity in major industries


The government has released new policy to ensure zero growth of production capacity in steel, cement and plate glass industries and to continue capacity replacement measures this year, Economic Information Daily reports

· China orders stronger regulation of natural gas pricing as demand surges


China s top economic planner on Tuesday ordered local authorities to strengthen regulation on the pricing of heating and natural gas during upcoming holidays as demand surged

· Export tax on steel products to be removed


The export tax on steel products will be removed starting next year to encourage imports by tax adjustments of some advanced equipment, key components and energy raw materials that are "very much needed " by the domestic market

· Resource tax reform saves Chinese firms 4.2 bln yuan a year


China s resource tax reform has brought huge tax reductions to enterprises, as well as healthy industrial development, the State Administration of Taxation (SAT) said Monday

· China to ban primary mercury mining by 2032 as convention comes into force


China will ban the production and trade of a range of products containing mercury by 2020, including thermometers and blood pressure monitors, and ban primary mercury mining by 2032, as a global pact to cut pollution from the metal comes into effect

· China reviewing copper scrap imports; may call halt in 2018 - notice


China may ban imports of some scrap metal, including copper, from the end of 2018, according to an industry association notice, which may lead to higher refined copper

· New rules for foreign backers of gas stations


China released a draft regulation requiring foreign-backed companies running more than 30 gas stations to be controlled by the Chinese side of the business The regulation is open for comments until August 19

· Policies necessary to guide clean energy investment


Renewable energy technologies have matured with costs declining significantly, but national policies are still necessary in directing investment and ensuring the full use of clean energy in China

· Support for green energy to continue


China will continue to implement policies and measures to support clean energy development and promote harmony between people and nature, the nation s leaders said on Wednesday

· China extends tax waivers for oil, gas drilling equipment


China is extending tax waivers for importing key drilling and production equipment for both onshore and offshore oil and gas development, the Ministry of Finance said on Friday

· China to launch strictest policy on environmental protection


China has vowed to launch its strictest environmental protection system and reduce the concentration of PM2 5 particulate pollution in cities with poor air quality by 18 percent by 2020

· China's non-state crude import quota unchanged for 2017


China s Ministry of Commerce announced on Thursday that the quota for non-state crude oil imports will stay unchanged at 87 6 million tonnes for 2017

· Govt's move to limit gold imports bites: FT


The Chinese government s move to tighten gold import quotas amid concern over capital flight has reportedly triggered anger among domestic investors, who have shown more interest in gold as the yuan s exchange rate weakens

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