City shuts down low-end companies
Beijing shut down or relocated more than 3,100 low-end businesses in the JanuaryAugust period in a bid to upgrade its economy and reduce air pollution. A total of 599 companies, mainly construction materials, furniture, chemicals, packaging and printing, were relocated out of the capital, said the Beijing municipal commission of development and reform. Beijing also closed 2,543 companies and ordered 2,315 companies to make changes.