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Home >> Business
UPDATED: 15:52, December 24, 2004
Market access to curb irrational expansion
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The State Development and Reform Commission has specified market accesses for three industries: ferroalloy, coke and calcium carbide. The purpose, the commission said, is to curb the replicated construction at a low level and blind investment, upgrade the industrial structures, regulate the development and secure the market order in the three sectors.

Newly built or existing projects in the three sectors have to be in compliance with the rules for layouts of production facilities, techniques and equipment, energy consumption and resources utilization, environmental protection, supervision and management.

Other criteria involve investment management, land supply, environmental influence evaluation, credit and financing, power supply. Reports of environmental influence evaluation are subject to examination and approval of provincial or even higher administrations for environmental protection.

Departments concerned are supposed to base their decision on the market access system for the three sectors.

By People's Daily Online


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