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Development and Reform Commission and other departments issued a document to rein in excess capacit by weqfwer rgetfg





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Development and Reform Commission and other departments issued a document to rein in excess capacit by
Article Posted: 03/11/2011
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Development and Reform Commission and other departments issued a document to rein in excess capacit


 
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National Development and Reform Commission, 10 Department 13 announced a "on the suppression part of industry overcapacity and duplication leading industrial health and well development", urging all to speed up restructuring and strong inhibition of some of the industry overcapacity and duplication, guide the orderly development of new industries.

Under Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Supervision, Ministry of Finance, Land and Natural Resources, Environment Ministry, the People's Bank, General Administration, China Banking Regulatory Commission, the Commission released documents, the relevant departments and localities should be a high degree of attention to some of industry overcapacity and duplication problems correctly rein in excess capacity and duplication of policy-oriented, strongly inhibit the excess capacity and duplication.

"Opinions" that the view from the current state of industrial development, structural adjustment despite some progress, but the overall slow progress, all regions and sectors is uneven. Many areas of excess capacity, duplication issues still outstanding, some even are growing. Particular areas of concern, not only steel, cement and other traditional industries, excess capacity is still blind expansion of wind power equipment, polysilicon and other new industries tend to have appeared redundant construction in some areas illegal, illegal for approval before construction is not approved, edge award Bian Jianxin phenomena have increased.

"Views" listed more than 10 categories of steel industry overcapacity and duplication of the situation, put forward the principles of the relevant policy guidance and response.

"Opinions" stressed, for some sectors with excess capacity and duplication, if not to control and guide, allowed to develop, the market is difficult to avoid vicious competition, economic efficiency is difficult to improve, and will lead to business failures or underemployed , staff laid off, a substantial increase in bank non-performing assets and other issues, not only seriously affected the country to expand domestic demand, the implementation of the package effect and the hard-earned good situation to stabilize, and will miss the international financial crisis, market conditions promote the formation of structure adjusted historical opportunity.

These documents as quickly as possible inhibition of excess capacity and duplication, leading to limited resources and configuration elements to optimize inventory, to cultivate new growth points up, to develop to meet market demand for high-tech industries and services, not only to achieve the sound development of industry, but also to transform the mode of development to achieve sustainable economic and social significance.

On the inhibition of some of industry overcapacity and duplication to guide the healthy development of industry, a number of observations (Full Text)

Development and Reform Commission Ministry of Industry and Information Technology Ministry of Supervision Ministry of Land and Natural Resources Environmental Protection Administration of Quality Supervision People's Bank of China Banking Regulatory Commission Securities Regulatory Commission

As effective to the State Council to tackle the financial crisis package implement, consolidate and develop the current good momentum of economic stabilization to speed up restructuring and strongly inhibit the part of industry overcapacity and duplication, to guide emerging orderly development of industry is to make the following observations:

1, some industry overcapacity and duplication issues need close attention Face of the global financial crisis and the impact of the State Council, the situation and timely development and implementation of the expansion of domestic demand and promote economic growth package. In accordance with the "capital growth, expand domestic demand structure" of the overall requirements, issued a steel industry restructuring and revitalization of ten key planning, in promoting structural adjustment proposed overall control, eliminating the backward, mergers and acquisitions, technological innovation, Innovation And a series of countermeasures, and localities have also brought out some policy measures to support industrial development. Effects of current policy have initially appeared stable and rising trend of industrial growth, difficulties in production and operations has improved, industry in general to the good. However, the current state of industrial development

view, although some progress of structural adjustment, but the overall slow progress, all regions and sectors is uneven.

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