It Is Reported That The Ten Ministries Will Improve Their Portfolio Policy And Curb Overcapacity During The Year.

According to a recent report by the Ministry of industry and information technology and the national development and Reform Commission, the current situation of energy saving and emission reduction and elimination of backward production capacity is very grim.

Reporters learned from the parties concerned that the ten ministries and commissions will improve the "portfolio policy" during the year, highlighting the role of differential electricity prices, total energy consumption restrictions, accountability and other constraints on investment and production of enterprises, and curb the blind expansion of "two high" and overcapacity industries.

According to the latest data from the Ministry of industry and information, in the first 7 months of this year, the growth rate of high energy consumption and backward production capacity reached 12.8%, and the output of steel (4931,1.00,0.02%), alumina, cement and ferroalloy increased by 13%, 18.9%, 19.2% and 21.9% respectively.

The national development and Reform Commission's "barometer of the completion of energy saving targets in different regions" shows that there are about 16 severe energy saving and emission reduction areas, of which 8 are in severe situation in Inner Mongolia and other regions.

National Development and Reform Commission

At the recent work conference on eliminating backward production capacity, the Ministry of industry and industry of the Ministry of industry said that "backward"

Interviewed by the national development and Reform Commission and the Ministry of industry and the Ministry of the relevant people believe that the elimination of backward production capacity this year, the situation is grim from two aspects, first, the target is relatively high, two is the implementation of the relevant areas are not enough.

It is understood that the Ministry of industry has issued to 18 provinces, autonomous regions and municipalities in 2011 the target of eliminating backward production capacity in the industrial sector.

Compared with last year, the 10 industries of steelmaking, ferroalloy, calcium carbide, electrolytic aluminum, copper smelting, lead smelting, zinc smelting, cement, flat glass, paper making and other industries eliminated backward production capacity increased by 218%, 29%, 92%, 77%, 149%, 141%, 198%, 46%, 301% and 72%, respectively.

For this year's target and tasks increased, the head of the Ministry of industry and Commerce recently told reporters that "the definition of backward production capacity has changed over the past two years. In the past, backward production capacity was defined according to the principle of high energy consumption and heavy pollution, and now it is more referenced and based on more stringent environmental protection and energy consumption indicators."

According to an interview with reporters, the Ministry of industry and Information Bureau said, "judging from the current situation, the steel and cement industries have completed the goal of eliminating backward production capacity throughout the whole year."

According to the statistics of market organizations, the output of crude steel in China has been increasing in recent years. If the market does not change much in the next few months, the gross output of crude steel in 2011 will be close to or even exceed 7 billion tons, far exceeding the 6.6 billion tons expected by the junior high school Steel Association.

Cement industry still exists low productivity and elimination.

Reporters learned that, in the light of the grim situation in the coming months, the state will promote the elimination of backward production capacity through two aspects: strengthening the policy binding mechanism and improving the policy incentive mechanism.

For this reason, the ten ministries and commissions, such as the NDRC and the Ministry of industry and commerce, have improved inter ministerial coordination mechanism and adopted the "combination policy" to speed up the elimination of backward production capacity.

First, we should continue to deepen the reform of the prices of resource products, straighten out the price relations of coal, electricity, oil, gas, water and mineral resources, improve the peak and valley TOU price, and increase the differential electricity price and punitive electricity price according to the procedures.

Two, we should continue to push forward the reform of the price mechanism. In addition to converting the tax on crude oil, natural gas and coal resources from the quantity collection to the ad valorem levy and appropriately raising the level of tax burden, we will draw up the standard of motor vehicle fuel consumption limit.

Three, the national energy board is leading the study to establish a total energy consumption control system, so as to form a forced mechanism of total energy consumption and curb the excessive growth of high energy consuming industries.

The next step will be to speed up the study of the goal of establishing total energy consumption control, to decompose the mechanism to local governments, to implement the target responsibility system management, to set up a forecasting and early-warning mechanism for total energy consumption, and to implement timely warning and control in areas where energy consumption is growing too fast.

Four, the implementation of the elimination of backward production capacity targets and measures will be included in government performance management and performance management of state-owned enterprises, and accountability system should be implemented.

As for the impact of "combination policy" on market prices, the experts said in an interview with reporters, generally speaking, the price index of the whole society has little effect, while the price impact on related industries may show different effects.

According to experts from the Ministry of industry and commerce, from the iron and steel industry, most of the list of elimination of backward enterprises is small and medium-sized enterprises, mostly production line stud, so it has little impact on the whole industry price.

For steel listed companies, because the backward production capacity accounts for a small proportion of its total volume, it has little impact on the overall performance of the company.

The market generally expects that the elimination of backward production capacity has a significant impact on cement prices.