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    Ten Ministries And Commissions Combination Policy To Guard Against Excess Capacity

    2011/9/22 10:19:00 33

    Combined Policy Overcapacity

    Experts believe that the price index of the whole society has little effect.


    A recent report by the Ministry of industry and the national development and Reform Commission said that at present,

    energy conservation

    The situation of emission reduction and elimination of backward production capacity is very grim.

    From the relevant point of view, the ten ministries and commissions will improve the "combination policy" during the year, highlighting the restraint role of differential electricity price, total energy consumption restriction and accountability system 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 of high energy consumption and backward production capacity reached 12.8%, of which the output of steel, 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.


    The national development and Reform Commission, the Ministry of industry and the Ministry of Commerce and other ministries and commissions judged that there is a gap between the elimination of backward production capacity and the goal of achieving annual goals and tasks, and the task of the last four months is rather arduous.

    The Ministry of industry and information said that there will be a series of major policies to eliminate backward production capacity and energy conservation and emission reduction.


    At the recent work conference on eliminating backward production capacity in the whole country,

    Ministry of industry and information technology

    The industry secretary said, "backward production capacity is a technical judgement. Overcapacity is a market judgement.

    Judging from the consequences of production, if the technical indicators of pollutant emissions, energy consumption and water consumption are higher than the average level of the industry, the production capacity is backward production capacity.

    From this year's high growth of high energy consuming industries, we can see that the situation of eliminating backward production capacity or suppressing excess capacity is very severe.


    The national development and Reform Commission and the Ministry of industry and the Ministry believe that the situation of eliminating backward production capacity this year is grim from two aspects. First, the target is relatively high, and the two is that the implementation of the relevant areas is 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, steelmaking, ferroalloy, calcium carbide,

    Electrolysis

    Aluminum, copper smelting, lead smelting, zinc smelting, cement, flat glass, paper and other 10 industries to eliminate backward production capacity increased by 218%, 29%, 92%, 77%, 149%, 141%, 198%, 46%, 301% and 72%, respectively, with a larger increase.


    As for this year's target and task increase, the Ministry of industry and Commerce official said recently that "the definition of backward production capacity has changed over the past two years, and the backward production capacity in the past is defined according to the principle of high energy consumption and heavy pollution". 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.

    The cement industry still has problems such as low capacity concentration, difficult task of eliminating backward production capacity, weak investment management and monitoring, slow progress in Annexation and reorganization.


    Reporters learned that, in the light of the grim situation in the coming months,

    Country

    We will promote the elimination of backward production capacity through two aspects: strengthening the policy restraint 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 is to eliminate backward production capacity target completion and

    Measures

    Implementation is included in government performance management and performance management of state-owned enterprises, and accountability is implemented.


    As for the impact of the "combination policy" on market prices, the experts say that, in general, it has little effect on the price index of the whole society, and the price impact on the related industries may have different effects.


    According to experts from the Ministry of industry and commerce, from the steel industry, most of the list of elimination of backward enterprises is small and medium enterprises.

    industry

    Price has little effect.

    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.


     
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