With the promulgation of the "Steel Industry Development Policy" (hereinafter referred to as the "Policy"), this industry has been hailed as "cooperating with the current macro-control to curb investment overheating" and "the new policy that will affect the steel industry in the next 20 years" caused " Strong reaction."
"Now the "Policy" should be said to be very timely, even a bit late." Professor Li Shiqi of the Beijing University of Science and Technology said in an interview with the China Economic Times reporter.
"Policy" is to suppress steel overheating
“The steel industry has supported the rapid development of China's economic construction.†Wang Xinhua, a professor at Beijing University of Science and Technology, said in an interview with the China Economic Times that with the development of the economy, China's steel industry has made great progress in process technology and product quality.
According to the National Bureau of Statistics, the cumulative output of steel from January to June this year was 173,118,900 tons, an increase of 25.9% over the same period last year. Liu Tienan, director of the Industry Department of the National Development and Reform Commission, said: "Steel production has maintained a high growth rate of around 20% for several consecutive years. This year our production will definitely exceed 300 million tons."
Since 1996, China’s steel output exceeded 100 million tons, becoming the world’s largest steel producer. It has been the “first place†for the world’s steel-producing countries for nine consecutive years. Liu Tienan said, “China’s steel output is the US and Japan. The sum of the output of the three Russian countries."
“The annual increase of China's steel is the capacity of the whole of Germany.†Wang Xinhua believes: “The steel industry is definitely a bit hot now.†Since the sharp rise in China's steel production capacity and the rapid rise in international iron ore prices, steel since April Prices have fallen sharply. Wang Xinhua said that the main reason for overheating of steel is that many places are blindly on steel projects, and many companies are desperate to expand production capacity. Wang Xinhua said: "We still have to make up our minds to curb overheating of steel. If we don't move, we can't control it."
Li Shiqi said, "With the rapid growth of the steel industry, there have been some problems. One is the issue of resources, the other is the problem of mining capacity, and the other is transportation."
The reporter learned on July 23, "2005 China's Macroeconomic Trends and Industrial Development High-Level Forum", "On the one hand, steel production has grown too fast, steel enterprises' inventory has increased significantly. On the other hand, steel companies have increased their production of finished products. The funding side is tight." Wang Xinhua also introduced that market inventories are beginning to increase, but prices around the world are declining, and the negative consequences of overheating steel investment have already appeared.
Adjust the development direction of the steel industry
Since 2003, the state has decided to implement macroeconomic regulation and control on industries with overheated investment in fixed assets such as steel and electrolytic aluminum. Under the national macro-control, steel production growth is still high. The reason is that this round of economic growth is driven by investment. The investment cycle of heavy industry is relatively long, and it often takes several years to build. It is impossible to stop half of it.
"But the adjustment of the steel industry is a must, and it is necessary." Wang Xinhua said.
Liu Tienan introduced that the organizational structure of China's steel industry is scattered. In 2004, there were 871 steel enterprises, “one city has more than ten steel enterprisesâ€, and only 11 enterprise groups with output of more than 6 million tons, accounting for only 37.13% of the country.
"Almost all companies, including private enterprises, are investing in steel as long as they have a little money." Wang Xinhua said.
According to Liu Tienan, the "Policy" will guide the steel industry through technological advancement, structural adjustment, rational distribution, institutional innovation, and transformation of growth methods, and ultimately realize the transformation from a steel power to a steel power. The "Policy" also encourages the joint restructuring of large enterprises. By 2010, two 30 million-ton enterprises will be formed, forming a number of large-scale enterprise groups with international competitiveness above 10 million tons. To reduce the number of steel enterprises, the steel production of the top ten steel enterprises in China will account for more than 50% of the national production, and 70% in 2020.
Wang Xinhua believes that the "Policy" is very detailed, mainly to raise the threshold for market access and prevent some people from exploiting the policy. He said that in the case of most steel companies or state-owned enterprises, the state should guide on macroeconomic policies. "But the main thing is still in the market, Wang Xinhua said.
Regarding the shortcomings of the "Policy", Li Shiqi suggested that more attention should be paid to the technical field. "A lot of technology is still based on buying foreign countries. The "Policy" does not seem to emphasize much on guiding the development of our own high technology."
Relevant follow-up policies must be kept up
After the introduction of the "Policy", what kind of follow-up supplement will the country have? Wang Xinhua believes that not only the central and local governments must be strictly controlled, but more importantly, it is necessary to return the steel industry to normal from the market and regulations. "It is best to introduce relevant legal documents in strict legal requirements."
When talking about the role of banks, Wang Xinhua believes that foreign banks have a strong ability to make judgments when making loans. If the project requires investment, the bank must make an accurate judgment from the business. What is the return? Is it worth investing? If all are done according to the rules of the bank, steel overheating must be avoided in advance. Overheating means high risk to the bank. In foreign countries, when there is overheating, the bank may warn to minimize losses.
“Banks play a big role here,†said Wang Xinhua. It is impossible for financing to be without bank participation. The financing channels are fully integrated into the business rules, and investment is no problem. "If the bank is not responsible, this wave is suppressed, and the next time the overheating may come up."
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
From: China Economic Times
"Now the "Policy" should be said to be very timely, even a bit late." Professor Li Shiqi of the Beijing University of Science and Technology said in an interview with the China Economic Times reporter.
"Policy" is to suppress steel overheating
“The steel industry has supported the rapid development of China's economic construction.†Wang Xinhua, a professor at Beijing University of Science and Technology, said in an interview with the China Economic Times that with the development of the economy, China's steel industry has made great progress in process technology and product quality.
According to the National Bureau of Statistics, the cumulative output of steel from January to June this year was 173,118,900 tons, an increase of 25.9% over the same period last year. Liu Tienan, director of the Industry Department of the National Development and Reform Commission, said: "Steel production has maintained a high growth rate of around 20% for several consecutive years. This year our production will definitely exceed 300 million tons."
Since 1996, China’s steel output exceeded 100 million tons, becoming the world’s largest steel producer. It has been the “first place†for the world’s steel-producing countries for nine consecutive years. Liu Tienan said, “China’s steel output is the US and Japan. The sum of the output of the three Russian countries."
“The annual increase of China's steel is the capacity of the whole of Germany.†Wang Xinhua believes: “The steel industry is definitely a bit hot now.†Since the sharp rise in China's steel production capacity and the rapid rise in international iron ore prices, steel since April Prices have fallen sharply. Wang Xinhua said that the main reason for overheating of steel is that many places are blindly on steel projects, and many companies are desperate to expand production capacity. Wang Xinhua said: "We still have to make up our minds to curb overheating of steel. If we don't move, we can't control it."
Li Shiqi said, "With the rapid growth of the steel industry, there have been some problems. One is the issue of resources, the other is the problem of mining capacity, and the other is transportation."
The reporter learned on July 23, "2005 China's Macroeconomic Trends and Industrial Development High-Level Forum", "On the one hand, steel production has grown too fast, steel enterprises' inventory has increased significantly. On the other hand, steel companies have increased their production of finished products. The funding side is tight." Wang Xinhua also introduced that market inventories are beginning to increase, but prices around the world are declining, and the negative consequences of overheating steel investment have already appeared.
Adjust the development direction of the steel industry
Since 2003, the state has decided to implement macroeconomic regulation and control on industries with overheated investment in fixed assets such as steel and electrolytic aluminum. Under the national macro-control, steel production growth is still high. The reason is that this round of economic growth is driven by investment. The investment cycle of heavy industry is relatively long, and it often takes several years to build. It is impossible to stop half of it.
"But the adjustment of the steel industry is a must, and it is necessary." Wang Xinhua said.
Liu Tienan introduced that the organizational structure of China's steel industry is scattered. In 2004, there were 871 steel enterprises, “one city has more than ten steel enterprisesâ€, and only 11 enterprise groups with output of more than 6 million tons, accounting for only 37.13% of the country.
"Almost all companies, including private enterprises, are investing in steel as long as they have a little money." Wang Xinhua said.
According to Liu Tienan, the "Policy" will guide the steel industry through technological advancement, structural adjustment, rational distribution, institutional innovation, and transformation of growth methods, and ultimately realize the transformation from a steel power to a steel power. The "Policy" also encourages the joint restructuring of large enterprises. By 2010, two 30 million-ton enterprises will be formed, forming a number of large-scale enterprise groups with international competitiveness above 10 million tons. To reduce the number of steel enterprises, the steel production of the top ten steel enterprises in China will account for more than 50% of the national production, and 70% in 2020.
Wang Xinhua believes that the "Policy" is very detailed, mainly to raise the threshold for market access and prevent some people from exploiting the policy. He said that in the case of most steel companies or state-owned enterprises, the state should guide on macroeconomic policies. "But the main thing is still in the market, Wang Xinhua said.
Regarding the shortcomings of the "Policy", Li Shiqi suggested that more attention should be paid to the technical field. "A lot of technology is still based on buying foreign countries. The "Policy" does not seem to emphasize much on guiding the development of our own high technology."
Relevant follow-up policies must be kept up
After the introduction of the "Policy", what kind of follow-up supplement will the country have? Wang Xinhua believes that not only the central and local governments must be strictly controlled, but more importantly, it is necessary to return the steel industry to normal from the market and regulations. "It is best to introduce relevant legal documents in strict legal requirements."
When talking about the role of banks, Wang Xinhua believes that foreign banks have a strong ability to make judgments when making loans. If the project requires investment, the bank must make an accurate judgment from the business. What is the return? Is it worth investing? If all are done according to the rules of the bank, steel overheating must be avoided in advance. Overheating means high risk to the bank. In foreign countries, when there is overheating, the bank may warn to minimize losses.
“Banks play a big role here,†said Wang Xinhua. It is impossible for financing to be without bank participation. The financing channels are fully integrated into the business rules, and investment is no problem. "If the bank is not responsible, this wave is suppressed, and the next time the overheating may come up."
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
From: China Economic Times
L01-N Series Push Wire Connectors
Reflow Soldering Wire Connectors,Copper Clamping Wire Connectors,Pcb Wire Connectors,Smd Wire Connectors
Jiangmen Krealux Electrical Appliances Co.,Ltd. , https://www.krealux-online.com