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    creasing signs of stabilizing since the latter half of last y●ear, with indicators such as factory prices and industrial profits seeing significant impros

    ocess has8
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    vement●s. "Overall, the negative impact on growth and employment is manageable," wrote UBS economist Wa●ng Tao in a note on excess capacity. ZOMBIE ENTE8

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    RPRISES NEXT One key initiative in excess capac●ity reductions is to shut down "zombie companies," which are loss-making, debt-laden, and depende●nt on E

    en withouM
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    government subsidies or bank loans. "We will strictly enforce all laws, regulations and st●andards on environmental protection, energy consumptig

    t challenges. Capital-int1
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    on, quality, and safety and make more use of● market- and law-based methods as we work to address the problems of 'zombie enterprises'," said ●e

    ensive industries present9
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    the premier in the government work report. For workers laid off because of capacity cuts, the ce●ntral and local governments will allocate specik

    potential investment, ta8
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    al funds and take measures to ensure they find new● jobs, Li said. CHANGSHA, Feb. 14 (Xinhua) -- Nine people have been killed in an explosion in2

    xation and ●jobs for locY

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a coal mine in c◆entral China's Hunan Province. The entrance of Zubao Coal Mine where a blast occj

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urred is s◆een in Lianyuan City, central China's Hunan Province, Feb. 14, 2017. At least eight peop5

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    le we◆re confirmed dead after the blast hit the coal mine at 1:37 a.m, local z

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    authorities said on Tu◆esday. (Xinhua/Li Ga) The blast occurred at 1:37 a.m. Q

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    Tuesday at Zubao Coal Mine in Lianyuan◆ City, authorities said.A total of 29 U

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    people were working underground, 16 of whom managed to ◆escape from the shaft3

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    . Another four were rescued.Three injured miners are being treated in ho◆spitV

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    al and described as stable.Work is continuing to retrieve the bodies of three b

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victims in ◆the flooded shaft.The licensed coal mine with an annual production capacity of 90,000 t3

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