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lants could also go into serv〓ice if necessary, the source said. In 2013, the capital began a gradual pr〓ocess to ru

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eplace coal-fueled generators with equipment powered by natural g〓as. The city achieved its coal-free target in March this year. The old gen〓erators at t7

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he Huaneng plant were held in reserve in case they were needed.〓 According to the commission's website, one of the coal-fired generators w〓as used over tE

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he summer to cope with a spike in electricity usage for air c〓onditioners during a heat wave.June 27 (Xinhua) -- China will cut excess capacity in steel a3

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nd coal as part of its 〓economic structural reform, Premier Li Keqiang vowed as he addressed the opening of〓 the Annual Meeting of the New Champions 2016C

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, or Summer Davos, in Tianjin on Monda〓y. The government will continue to focus especially on supply-side structural refo〓rm by reducing supply of ineffid

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cient and low-end products and services while encour〓aging more in-demand and premium ones, a process that will boost economic growth, L〓i told delegatesM

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at the forum. An important part of the supply-side reform is cutt〓ing excess capacity in sectors including steel anJ

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said. According〓 to the premier, governments and enterprises will take measures to reemploy steel w〓orkers and coaQ

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c tons and steel capacity b〓y 65 million metric tons for steel, said the premie〓r. Continued capacity reduction is M

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in line with ma〓rket expectations. DIFFICULT CUTS China is the wo〓rld's largest producer and consumer of steel and g

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co〓al, but gluts can have implications such as depress〓ed commodity and materials prices, reduced profits 〓of debt4

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cessary and have long-term benef〓its for the economy, the process has not been witho〓ut challenges. Capital-intensi2

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ve industries presen〓t potential investment, taxation and jobs for local〓 governments, which in at least two cZ

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