"If 2016 is the first year of the three-year steel capacity reduction, then 2017 will be the year of the steel capacity reduction." Xia Nong, inspector of the Industry Coordination Department of the National Development and Reform Commission, said at the All-China Metallurgical Chamber of Commerce's seminar on capacity reduction and transformation that the sharp rise in steel prices from January to September will not change the pace of China's steel capacity reduction, and steel capacity reduction will continue next year.

Yesterday, at the "Energy Saving Potential Seminar for Motors and Water Systems" of the 8th Clean Energy Ministerial Meeting, Jin Minghong, a researcher at the Energy Assessment Division of the Environmental Resources Department of the National Development and Reform Commission, revealed on the spot that the next step is to study the inclusion of motors in the "Energy Efficiency Leader" action and provide policy incentives; Xin Sheng, deputy director of the Promotion Division of the National Energy Conservation Center, said that the country emphasizes "combining guidance and force", on the one hand guiding the energy-saving design and transformation of motors, and on the other hand eliminating high-energy-consuming products, "forcing" enterprises to upgrade.