Resolve the serious overcapacity of steel work is in order

Continue to promote industrial restructuring
This year, the National Development and Reform Commission conscientiously implement the Party Central Committee and State Council decision to deploy, to firmly establish innovation, coordination, green, open, sharing development ideas, and actively adapt to grasp, leading the new normal economic development, in order to promote supply-side structural reforms the main line, efforts to promote industrial restructuring and upgrading.
First, efforts to resolve the contradiction of excess capacity in some industries. Earnestly implement the central government on the supply-side structural reforms to promote decision-making arrangements, formulated "on the China Aluzinc Steel Sheet Coil industry to resolve the overcapacity in the development of a turnaround opinions" (Guo Fa [2016] No. 6). Strengthening the relevant local, central enterprises in compiling steel industry overcapacity resolve a turnaround development embodiments guidance. Together with relevant departments issued documents supporting policies, strengthen risk prevention and resolution. At present, the steel resolve serious overcapacity contradictions related work is orderly manner.
Second, efforts to improve the quality and efficiency of supply. To strengthen the impact of the supply-side research to enhance the quality and efficiency of common key issues, formulated "on the brand play a leading role in promoting the supply and demand upgrading of opinions" (Guo Ban Fa [2016] No. 44). At the same time, strengthen the local supply-side structural reforms to promote industrial restructuring and upgrading guide guidance specifically related to priority areas of work focus.
Third, efforts to promote the orderly development of key industries. Formulated the "Guiding Opinions on Promoting the healthy development of the pharmaceutical industry" (Guo Ban Fa [2016] No. 11), "on the market to create a good environment for non-ferrous metals industry structural adjustment and promote transformation increase efficiency guidance" (Guo Ban Fa [2016 ] No. 42). The relevant departments to revise the "central shipping companies transport ship scrapping update old marine technology and marine equipment, independent audit of the implementation details," the issuance of "ship industrial restructuring and transformation and upgrading of key tasks."
Fourth, the establishment of advanced manufacturing industry investment fund. Approved by the State Council, together with relevant departments initiated the establishment of advanced manufacturing industry investment fund, innovation central budget for investment management, fund to promote market-oriented mode of investment operations. Advanced Manufacturing Industry Investment Fund will implement the construction of manufacturing power strategy, focusing the major needs of national economic development, attract investment in the community, increase high-end manufacturing development support.
Fifth, vigorously promote the accelerated development of services. Organizational support to implement the State Council issued the producer services, guidance for life of service development, together with relevant departments to carry out the development of modern service industry action to promote the services sector to accelerate the development of key areas, to encourage the development of new industry services, new formats and new models . At the same time, in conjunction with relevant parties to promote the study of a comprehensive reform of the service sector.
With the State Council, a series of steady growth, the implementation of the policy effects adjusting structure, promoting reform measures sustained release of kinetic energy to accelerate the conversion of old and new, industry generally stable trend, continue to promote structural adjustment. Industrial growth in a reasonable range, 1-- above June-scale industrial added value increased by 6%, of which the second quarter increased 6.1%, 0.3 percentage points faster than the first quarter. The main industries related indicators have improved in the first half of industrial electricity consumption grew by 0.5% year on year, 0.3 percentage points faster than the first quarter; PPI fell 3.9 percent, a decline narrowed 0.9 percentage points; January to May, industrial enterprises above designated size main camp business income margin was 5.59%, showing a trend of continuous improvement. With the deepening of industrial restructuring, the rapid growth of investment in manufacturing equipment, the proportion of the total manufacturing investment has risen to 32.6%, iron and steel, nonferrous metals, chemicals, chemical fiber, building materials, petrochemicals, high energy-consuming industries continued to show the proportion of investment a downward trend. As the market personalized, diversified demand for services is increasing, and the implementation of policies to promote the development of service industry, the first half of the service sector grew by 7.5%, the contribution to economic growth rate of 59.7%, a stable economic growth, the main support power.
Next, we will resolutely implement the Party Central Committee and State Council on promoting the reform of the supply-side structural policies and arrangements, conform to industry changes and trends in the manufacturing sector intelligent, green, service development as the focus of industrial restructuring, problems persist oriented, open up new industrial development ideas, foster new industry development momentum, efforts to promote the industry as a whole to high-end forward.



Contact: Baosen Steel

Phone: +86-532-88890950

Tel: +86-532-88890950


Add: No. 61 Haier Road Qingdao China1

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