Steel and auto industry before and after the revitalization plan will be published in the New Year – automotive, iron and steel – metal industry
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Hardware Network HC: Nine industries to develop the revitalization plan has been basically completed, which Steel And the automotive industry revitalization plan will be published in the Spring Festival. Recently, this reporter was informed from a source, had published the 4 trillion economic stimulus plan would focus areas of these industries tilt.
4 trillion has been included in the plan
After Premier Wen Jiabao visit in Qingdao during investigation disclosed that the revitalization plan is being developed industry, being viewed as a new economic stimulus plan. But this reporter has learned that nine industries revitalization plan has been included in the previously reported 4 trillion economic stimulus plan, the new economic stimulus plan is not.
November 26 last year, the State Council executive meeting held, said it would step up development of the implementation of the steel, automobile, shipbuilding, petrochemical, light industry, textile, non-ferrous metals, equipment manufacturing and electronic information and other key industry revitalization plan. December 24, the National Development and Reform Commission Zhang Ping, director of the State Council entrusted in his report to the NPC Standing Committee, also stressed this policy. The nine industries
revitalization plan by the National Development and Reform Commission Department of Industry and the Ministry of Industry and Information Technology Bureau is responsible for leading the development of economic operation. Officials have informed our reporter that, although the specific content of each industry is different, but the general principle is for the industry's current difficulties. "The revitalization of the industry, mergers and acquisitions, technological transformation and expansion of consumption has focused on the support direction, in 2 to 3 years to form new growth points. Such as cars concentrated in energy-saving environmental protection, key components, consumer spending policy." The person told reporters. The implementation of the revitalization plan
nine industry investment, part of the budget comes from investments. "There go the money from the roads, or allocated by the central departments; also includes 4 trillion money inside." The source said, "4 trillion to the focus areas of these industries tilt."
The officials also disclosed that the revitalization of the current nine industries have basically completed the first draft plan, including steel and cars will be as soon as possible the revitalization plan, the arrangements had been introduced at the end of 2008, the last scheduled for introduction this year around the Spring Festival.
Excess capacity needed technical innovation Macroeconomic Research Institute of Industrial Economics Institute of Development and Reform Commission researcher Wang Yunping that the revitalization of the nine industries put the direct result of planning is based on nine industry-based economy in the whole industry in general a serious problem of excess capacity .
"The current production capacity in the economy needs to be serious during the amplification results, even without the financial crisis, the problem of excess production capacity there." CSC machinery and equipment industry analyst Zheng Xianling that the weak demand caused by the financial crisis but is excited and set off in advance of such crises.
Overcapacity and excessive inventories have a direct impact on profit levels of the industrial sector. Ministry of Finance statistics show that in 2008 the first 11 months of state-owned and state holding enterprises realized profits of consecutive negative growth of 4 months and the decline has increased.
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