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Brigitte Zypries (2nd R) Adidas Ultra Boost Grey UK Sale , German Federal Minister for Economic Affairs and Energy and Chair of the ministerial meeting of Global Forum on Steel Excess Capacity, delivers a speech during the meeting in Berlin, Germany, on Nov. 30, 2017. China called for more global cooperation in addressing the steel overcapacity across the world at the Ministerial meeting of Global Forum on Steel Excess Capacity held here on Thursday. (XinhuaShan Yuqi) Photo taken on Nov. 30, 2017 shows a view of the ministerial meeting of Global Forum on Steel Excess Capacity in Berlin, Germany. China called for more global cooperation in addressing the steel overcapacity across the world at the Ministerial meeting of Global Forum on Steel Excess Capacity held here on Thursday. (XinhuaShan Yuqi) Li Chenggang (3rd L Adidas Ultra Boost White UK Sale , Rear), Assistant Commerce Minister of China, speaks during a press conference following the ministerial meeting of Global Forum on Steel Excess Capacity in Berlin, Germany, on Nov. 30, 2017. China called for more global cooperation in addressing the steel overcapacity across the world at the Ministerial meeting of Global Forum on Steel Excess Capacity held here on Thursday. (XinhuaShan Yuqi) Delegates pose for a group photo after the ministerial meeting of Global Forum on Steel Excess Capacity in Berlin, Germany Adidas Ultra Boost Black UK Sale , on Nov. 30, 2017. China called for more global cooperation in addressing the steel overcapacity across the world at the Ministerial meeting of Global Forum on Steel Excess Capacity held here on Thursday. (XinhuaShan Yuqi)
BERLIN, Nov. 30 (Xinhua) -- China called for more globalcooperation in addressing the steel overcapacity across the worldon Thursday at the ministerial meeting of Global Forum on SteelExcess Capacity held in Berlin.


"Steel overcapacity is a common challenge facing countriesacross the world, rather than a problem unique to one country," LiChenggang, Assistant Commerce Minister of China, told a pressconference following the meeting.


He said the Chinese government has taken measures in recentyears to push forward the supply-side structural reform in thesteel sector and successfully reduced excess capacity by over 100million tons since 2016.


According to information shared among members of the GlobalForum on Steel Excess Capacity http://www.ultraboostuk.com/ , from 2014 to 2016, China's capacityreduction is more than 120 percent of the total cut of the rest ofthe world.


All the cuts cost China a hefty price. Alone in 2016, 201,000steel workers were relocated in China, which is greater than therespective numbers of steel jobs in the U.S. and Japan.


Li emphasized, China takes the lead in eliminating steelovercapacity with self-aware, proactive adidas ultra boost uk sale , determined and persistentactions, making key contributions to the development of the globalsteel industry.


But China doesn't want to be the only one that is making painfulefforts, "while the rest of the world just watches", he said.