中国中央电视台周一报道称，中国将“严格”限制新的钢铁产能，因为中国正在采取措施解决产能过剩问题，产能过剩压低了价格，并在国外引发了保护主义反应。工业和信息化部和其他部门的目标是在2025年和2026年之前稳定该行业的增长。中央电视台表示：“该计划涉及对产能和产量进行精确监管……并严格限制新增产能。”。钢铁制造商将被要求加快淘汰过时的设备，特别是旧的高炉和转炉。路透社此前在8月报道称，中国正准备在未来两年削减钢铁产量，并援引内部文件和知情人士的话说。

China will “strictly” curb new steel production capacity, state broadcaster CCTV reported Monday, as the country moves to tackle overcapacity that has depressed prices and triggered protectionist responses abroad. The Ministry of Industry and Information Technology, along with other departments, aims to stabilize growth in the sector through 2025 and 2026. “The plan involves implementing precise regulation of production capacity and output... and strictly curbing the addition of new production capacity,” CCTV said. Steelmakers will be required to accelerate the phase-out of outdated equipment, particularly old blast furnaces and converters. Reuters previously reported in August that China was preparing to cut steel output over the next two years, citing internal documents and a source familiar with the matter.

中国人民银行保持冷静，中国在经济紧张的情况下对刺激措施保持耐心。中国人民银行今天将一年期贷款最优惠利率维持在3.0%，五年期贷款最低利率维持在3.5%，连续第四个月保持稳定的政策立场。这一不变的设定与预测一致，是在央行5月份最后一次下调10个基点之后做出的，这是早些时候支撑经济增长的努力的一部分。

PBOC holds fire, China stays patient on stimulus as economy shows strain.The People's Bank of China left its one-year loan prime rate at 3.0% and the five-year at 3.5% today, extending a steady policy stance for the fourth month running. The unchanged setting came in line with forecasts and follows the central bank's last 10bps trim in May, part of earlier efforts to shore up growth.

周一，随着投资者消化中国人民银行的最新利率决定，中国10年期政府债券收益率徘徊在1.87%左右，接近4月以来的最高水平。央行在上周保持七天反向回购利率稳定后，在9月份连续第四个月保持贷款优惠利率不变，将一年期LPR保持在3.0%，将五年期保持在3.5%。这一决定符合预期，突显了政策制定者的谨慎立场，尽管中美贸易紧张局势有所缓解，出口有弹性，股市反弹，尽管增长势头减弱。8月数据显示，工业产出增速为一年多来最慢，零售额增速为9个月来最低，而人民币新增贷款有所反弹，但低于预期，突显出信贷需求疲软。尽管如此，市场预计今年晚些时候将适度放宽政策，因为当局的目标是使经济增长接近政府5%的目标。

China’s 10-year government bond yield traded to around 1.87% on Monday, hovering close to its highest level since April, as investors digested the People’s Bank of China’s latest rate decision. The central bank kept its loan prime rates unchanged for the fourth consecutive month in September, holding the one-year LPR at 3.0% and the five-year at 3.5%, after leaving the seven-day reverse repo rate steady last week. The decision, in line with expectations, underscores policymakers’ cautious stance despite easing Sino-U.S. trade tensions, resilient exports, and a stock market rally, even as growth momentum falters. August data showed industrial output grew at its slowest pace in over a year and retail sales recorded their weakest gain in nine months, while new yuan loans rebounded but fell short of forecasts, highlighting sluggish credit demand. Still, markets anticipate modest policy easing later this year as authorities aim to keep economic growth close to the government’s 5% target.

中国设定4%的钢铁增长目标，禁止产能扩张，推动绿色升级。中国工业和信息化部公布了一项为期两年的计划，旨在稳定钢铁行业的增长，同时遏制产能过剩。该蓝图设定了年附加值增长4%的目标，并严格禁止扩大产能。

China sets 4% steel growth goal, bans capacity expansion, and pushes green upgrade.China's Ministry of Industry and Information Technology has unveiled a two-year plan to stabilize growth in the steel sector while curbing overcapacity. The blueprint sets a target of 4% annual value-added growth and includes strict prohibitions on expanding production capacity.