Beijing shuts down low-grade fac­to­ries

China Daily (Hong Kong) - - BUSINESS -

Beijing’s Tongzhou sub­sidiary ad­min­is­tra­tive cen­ter has shut down over 130 fac­to­ries in an over­haul of in­dus­trial struc­ture to build a green city. A to­tal of 138 fac­to­ries have been shut down, with a fur­ther 12 to be closed by the end of this year, Tongzhou district gov­ern­ment said. A to­tal of 1,308 com­pa­nies failed to

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