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re needed.〓 According to the commission's website, one of the coal-fired generators w〓as used over the 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 and 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 2016, 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 inefficient and low-end products and services while encour〓agin4

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g more in-demand and premium ones, a process that will boost economic growth, L〓i told delegates at the forum. An important part of theq

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supply-side refoy

rm is cutt〓ing excess capacity in sectors including steel and coal, and this will be further p〓ushed mainly "with a market-oriented and law-abiding a6

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pproach," he said9

. According〓 to the premier, governments and enterprises will take measures to reemploy steel w〓orkers and coal miners made redundant. "Overcapacity S

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is a global chall4

enge and Chi〓na stands ready to be a responsible country with all these proactive measures," he 〓said. The government will reform on its own services6

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to cut red tape and regulate 〓emerging sectors or business models, Li said. He also promised that China will mak〓e adjustments in fisc6

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al, financial and invest

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reforms in state-owned enterprises and give private firms mo〓re access to the market. BEIJING, March 5 (Xinhua) -- Numerical targets to re〓duce coal and steel production capacity hG

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ave, for t〓he first time, been set in the annual Chinese gover〓nment work report. China will reduce steel product〓ion capacity this year by around 50 million metric 〓tons and shut6

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