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The authority is powerful, one year closed down more than 8000 firms with ease...

China closes more than 8,000 polluting firms in Hebei last year

BEIJING — China shut down 8,347 heavily polluting companies last year in northern Hebei province, which has the worst air in the country, the official Xinhua news agency said yesterday, as the government moves to tackle a problem that has been a source of discontent.

Local authorities will block new projects and punish officials in regions where pollution is severe due to lax enforcement, Xinhua cited Mr Yang Zhiming, Deputy Director of the Hebei provincial bureau of environmental protection, as saying.
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http://www.todayonline.com/chinaindia/ch...-last-year

Quick and easy way to remove excess capacity, get support from citizen too.

Good news for everyone in the world. Including investors in China.

I like the trend that the Chinese government is setting, weeding out bad practices both financially and environmentally, which is linked in the first place.

been reading news on PRC closing polluting firms for a long time. Like cannot close finish one....