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Ten ministries and combinations of boxing swords refer to overcapacity affecting many important industries
Experts believe that the impact on the social price index is small A recent report by the Ministry of Industry and Information Technology and the National Development and Reform Commission said that at present, the situation of energy conservation and emission reduction and elimination of backward production capacity is very serious. The "Economic Information Daily" reporter learned from relevant parties that the ten ministries and commissions will improve the "combination policy" within the year, highlighting the constraining effect of differential electricity prices, total energy consumption restrictions, and accountability on corporate investment and production, and suppressing "two highs." "And the overcapacity industry is expanding blindly. According to the latest data from the Ministry of Industry and Information Technology, in the first seven months of this year, the industries with high energy consumption and backward production capacity increased by 12.8%, and the output of steel, alumina, cement and ferroalloys 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 various regions" shows that there are about 16 regions with severe energy-saving and emission reduction situations, and the situation in eight regions including Inner Mongolia is very serious. The Ministry of National Development and Reform Commission, the Ministry of Industry and Information Technology and other ministries and commissions judged that there is a gap between the current progress in eliminating backward production capacity and the realization of the annual target tasks. The tasks of the last four months are more arduous. Relevant persons from the Ministry of Industry and Information Technology said that there will be a series of major policies involving the elimination of backward production capacity and energy conservation and emission reduction. At the recent national work conference on eliminating backward production capacity, the relevant person from the Industry Department of the Ministry of Industry and Information Technology said that “outdated production capacity is a technical judgment, and overcapacity is a market judgment. From the consequences of production, if pollutant emissions, energy consumption, water consumption, etc. If the technical indicators are higher than the industry average, the production capacity is backward production capacity. From the high growth of high-energy-consuming industries this year, it can be seen that the situation of eliminating backward production capacity or suppressing excess capacity is very serious.†Accepted the Economic Reference The National Development and Reform Commission and the relevant personnel of the Ministry of Industry and Information Technology interviewed by the reporter believe that the severe situation of eliminating backward production capacity this year comes from two aspects. First, the target is set relatively high. Second, the implementation of the relevant regions is not enough. It is understood that the Ministry of Industry and Information Technology has previously issued targets for the elimination of backward production capacity in 18 industrial sectors in 2011 to various provinces (autonomous regions and municipalities). Compared with last year, the tasks of eliminating backward production capacity in 10 industries such as steel making, ferroalloy, calcium carbide, electrolytic aluminum, copper smelting, lead smelting, zinc smelting, cement, flat glass, and papermaking increased by 218%, 29%, 92%, and 77 respectively. %, 149%, 141%, 198%, 46%, 301%, and 72%, with a large increase. With regard to the increase in the target tasks this year, the relevant person in charge of the Ministry of Industry and Information Technology said in an interview with the reporter of the Economic Information Daily that "the definition of backward production capacity has changed in the past two years. In the past, backward production capacity was based on high energy consumption and heavy pollution. The principle is defined by scale, but now it is more referenced and based on stricter environmental protection and energy consumption indicators.†According to an interview with reporters from the Ministry of Industry and Information Technology, “From the current situation, steel, cement and other industries have completed the goal of eliminating backward production capacity throughout the year. The situation is grim." According to the statistics of market institutions, the growth of China's crude steel output has not decreased in recent years. If the market does not change much in the next few months, the national crude steel output in 2011 will approach or even exceed 700 million tons, far exceeding the expectations of the China Iron and Steel Association in the beginning of the year. 660 million tons. The cement industry still has problems such as low capacity concentration, arduous task of eliminating backward production capacity, weak investment management and monitoring, and slow progress of mergers and acquisitions. The reporter was informed that in response to the grim situation in the next few months, the state will promote the elimination of backward production capacity through strengthening policy-binding mechanisms and improving policy incentives. To this end, the National Development and Reform Commission, the Ministry of Industry and Information Technology and other ten ministries and commissions to improve the inter-ministerial coordination mechanism, adopt a "combination policy" to accelerate the elimination of backward production capacity. First, continue to deepen the reform of resource product prices, rationalize the price relationship between coal, electricity, oil, gas, water, minerals and other resource products, improve the peak-to-earth electricity price of electricity peaks and valleys, and increase the implementation of differential electricity prices and punitive electricity prices according to procedures. Second, we will continue to push forward the reform of the price mechanism. In addition to changing the crude oil, natural gas, and coal resource taxes from the quantitative collection to the ad valorem and appropriately raising the tax burden, the motor vehicle fuel consumption limit standard will be formulated. Third, the National Energy Administration is taking the lead in researching and establishing a total energy consumption control system to form a total energy consumption reduction mechanism to curb the excessive growth of high-energy-consuming industries. In the next step, we will speed up the study and establish a mechanism for decomposing the total energy consumption control target into local governments, and implement the target responsibility system management; establish an energy consumption forecasting and early warning mechanism, and implement early warning and control in areas where energy consumption is growing too fast. The fourth is to incorporate the completion of the elimination of backward production capacity and the implementation of measures into government performance management and performance management of state-owned enterprises, and implement an accountability system. Regarding the impact of the “combination policy†on market prices, relevant experts said in an interview with the “Economic Information Daily†that overall, the impact on the social price index is small, but the price impact on related industries may be different. effect. According to experts from the Ministry of Industry and Information Technology, from the perspective of the steel industry, most of the list of outdated enterprises is small and medium-sized enterprises, mostly based on production line snails, so it has little impact on the overall industry price. For steel listed companies, the impact of the backward production capacity on the total amount of the company is small, so it has little impact on the overall performance of the company. The market generally expects that the elimination of backward production capacity will have a significant impact on cement prices.