Recently, the Economic and Credit Department of Zhejiang Province issued the revised Rules for the Implementation of Capacity Replacement in Some Industries with Serious Overcapacity in Zhejiang Province, including the Rules for the Implementation of Capacity Replacement in the Iron and Steel Industry of Zhejiang Province and the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Zhejiang Province, which are interpreted as follows.
Recently, the Zhejiang Economic and Credit Office issued revised rules for the implementation of capacity replacement in some industries with serious overcapacity in Zhejiang Province, including the Rules for the Implementation of Capacity Replacement in Zhejiang Iron and Steel Industry and the Rules for the Implementation of Capacity Replacement in Zhejiang Cement and Glass Industry. The interpretation is as follows:


