Fastener Shanghai
fastenerfastenerBuyers' Guidefastener
fastenerStandard Searchfastener
fastenerFor Buyersfastener
fastenerFor Suppliersfastener
fastenerTrade Showsfastener
fastenerMy Officefastener
fastenerPost Inquiriesfastener
Home->Fastener News->Evaluation and Policy Options on Overcapacity Redu...You are the 356089 visitors
Views:1260   |   recommendation:   |   Votes:0   |   Discuss:0
Evaluation and Policy Options on Overcapacity Reduction of the Steel, Iron and Coal Industries(No.35, 2017)

" Since the two industries of steel and coal have basically fulfilled the target of cutting overcapacity, they could now focus on optimizing the capacity structure."

Abstract: Since 2016, the government has adopted relevant measures to cut overcapacity and suspended the operation of some enterprises and these measures have effectively restricted the production of crude steel and raw coal and optimized market supply-demand structure. Viewing from the general picture, there will be three main contradictions to be addressed relating to the reduction of overcapacity for the future work. First, the contradiction between the implementation of the mid-to-long-term plan for the reduction of overcapacity and the tight market supply during the short-to-mid period. Second, the contraction between the target of reducing ineffective supply and increasing effective supply and the difficulties in removing inefficient capacities and taking in efficient ones. Third, the contraction between the market- and law-based measures and the dominant administrative means. Since the two industries of steel and coal have basically fulfilled the target of cutting overcapacity, they could now focus on optimizing the capacity structure. The government needs to eliminate the backward and inefficient capacities, and concentrate resources on developing efficient capacities. Meanwhile, it is necessary for the government to deepen reform of the market system, allow market performance to take the place of governmental orders, let the market decide pricing and encourage enterprises to have a bigger say in governance.


2017/5/17 16:32:00

Previous:    Thermal Zinc Diffusion Now Protects Fasteners Against Corrosion
        Next:    Bossard China Moves to New Location

Recent Related News
China's dumping of steel into Canada groundless: Chinese Embassy--2018-03-17
Official: China's steel demand has peaked--2018-02-06
Chinese steel ends Western monopoly--2018-01-26
China releases new steel capacity replacement policy--2018-01-09
More industrial overcapacity to be cut for high-quality economy in 2018--2018-01-09
Hike in steel price: Bizmen threaten to go on indefinite hunger strike from Jan 11--2018-01-04
China's steel export price hits near four-year high--2017-12-20
China Steel to raise steel prices next year--2017-11-28
China's steel prices to stabilize in 2018: industry group--2017-11-27
Global steel demand expected to grow moderately--2017-11-16
Steel demand growth to stay flat next year--2017-10-26
Booming demand causes steel price surge--2017-09-22

Vote for this news?

fastener(Very Good)
fastener(Very Bad)

More Discuss...
Your Name: Anonymous

Enter the code shown:fastener6fastener

Fastener Shanghai

China Fastener Directory
Get it FREE!
Get your CFD at the following shows:

• WIN EURASIA Metalworking, Mar 15-18, 2018, Turkey

•Taiwan International Fastener Show, Apr 10-12, 2018, Taiwan

•Fastener Fair USA, Apr 11-12, 2018, USA

•M-Tech Nagoya, Apr 11-13, 2018, Japan

•wire & Tube Düsseldorf, Apr 16-20, 2018, Germany

Show Room

Offer Product

Latest News
• China's dumping of steel into Canada groundless: Chinese Embassy

• Dongtai Huawei to Exhibit at Canton Fair 2018 Spring Session, Booth No.15.3H26, Welcome to Visit Us!

Buyers' Guide
Company News

• Zhejiang Minmetals Huitong: Ensuring Satisfied Customers

• JIN CHI MACHINE: Precision High Speed Screw Manufacturer

The Way to Enter Chinese Market
The Way to Enter Chinese Market