No new land use quotas will be allocated to industries with overcapacity such as steel
On Monday, November 8th, China's Ministry of Land and Resources announced that by strengthening the overall control of land and resources development and utilization and strictly controlling the supply of construction land for new capacity projects, no new construction land plan indicators will be allocated to projects in industries with severe overcapacity such as steel, cement, electrolytic aluminum, flat glass, and ships.








