Over 2 million overcapacity in the automotive industry


The state will focus on rectifying excess capacity in the steel electrolysis aluminum cement and other industries


Xinhua News Agency, Beijing Electric Power Co., Ltd. The capacity of China's iron and steel industry is currently larger than the market demand of 120 million tons, there are 70 million tons of capacity under construction and the proposed capacity is 80 million tons.


The capacity of the electrolytic aluminum industry has reached 10.3 million tons, and there are 2.6 million tons of idle capacity;


The ferroalloy industry has an existing capacity of 22.13 million tons, and the operating rate of the company is only about 40%;


The existing capacity of the calcium carbide industry is 16 million tons, half of which is capable of being vented;


The coke industry's production capacity exceeds the demand of 100 million tons. There are also 30 million tons of capacity under construction and proposed capacity.


The auto industry has over 2 million production capacity, 2.2 million of which are under construction, and the new capacity for brewing and planning is 8 million...


Ma Kai, director of the National Development and Reform Commission, expressed concern at the National Development and Reform Work Conference held yesterday.


Product prices have fallen sharply, corporate profits have dropped sharply, and finished product inventories have increased more. The adverse consequences of overcapacity in some industries have started to show.


In addition to the industries where these problems are already very prominent, the cement, power, coal, and textile industries also have the potential to have excess capacity.


The National Development and Reform Commission is preparing to begin addressing next year and to address the issue of overcapacity in some industries as a breakthrough in the adjustment of industrial structure, placing it in a more important position.


Strict market access and control of new projects. Strict environmental, energy consumption, water consumption, comprehensive utilization of resources and standards for safety, quality, technology, and scale are all set to raise the threshold for entry. In principle, the new steel plant will not be approved. Improve the well-type standards entering the coal production field and clarify the recovery rate. Continue to rectify and rectify the projects under construction and proposed projects, distinguish the situations and classify them.


According to laws and regulations, eliminate backward production capacity. While relying mainly on the survival of the fittest in the market, a small number of small enterprises that destroy resources, pollute the environment, and do not have safe production conditions are shut down according to law, and small coal mines that do not have the conditions for rectification are all eliminated.


In accordance with market principles, mergers and reorganizations in steel, cement, coal and chemical industries are encouraged.

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