Government Work Report 2014


Policy level has been backward production capacity, excess capacity issue a final "ultimatum." In the "Government Work Report 2014" (hereinafter referred to as the "Report") proposed: To speed up industrial restructuring. Actively resolve serious excess capacity in some industries contradiction; while upholding survival of the fittest through market competition, encourage corporate mergers and acquisitions. Industry to serious excess capacity, strengthen environmental protection, energy, technology and other standards, clean up various preferential policies, a number of stocks to digest, and strictly control new increment.

China has established a strategic adjustment of industrial structure from the top-level design, and to eliminate backward production capacity down hard. Local governments have begun to defuse blew the surplus, eliminate backward production capacity of Assembly.

To effectively resolve the steel, cement, electrolytic aluminum, flat glass, shipbuilding, oil refining, tire industry overcapacity, recently issued a "document [2013] No. 41 on the implementation of the National Development resolve the overcapacity of the opinions" of Shandong Province (hereinafter referred to as "opinions "), a clear" digestion batch, batch transfer, integration group, out of a group of "excess capacity.

"The opinions" OK, Shandong Province strive through 5 years of hard work, capacity utilization is reasonable, significantly optimized production structure, quality and efficiency improved significantly, significantly improve energy efficiency.