去产能

去產能

qù chǎnnéng

phrase

Meanings

1 to cut excess industrial capacity
2 capacity reduction

Characters

capacity / ability

Examples

钢铁行业持续推进去产能改革。

Gāngtiě hángyè chíxù tuījìn qù chǎnnéng gǎigé.

The steel industry continues to push forward capacity reduction reforms.

去产能是供给侧结构性改革的重要任务。

Qù chǎnnéng shì gōngjǐcè jiégòuxìng gǎigé de zhòngyào rènwù.

Capacity reduction is a key task of supply-side structural reform.

Tips

culture

Part of the '三去一降一补' policy slogan (cut capacity, destock, deleverage, cut costs, shore up weak spots) launched around 2015-2016 to tackle overcapacity in steel, coal, and cement.

Stroke Order

去 qù

产 chǎn

能 néng