China Financial Daily

Excess capacity, “spread” to new industry
Have allowed the government “headaches” to the problem of excess production capacity gradually emerging industries, especially the wind power and photovoltaic industries, and other new energy industry, “spread.” Public letter to Chief Engineer, press spokesman Zhu Hong Ren yesterday in the “2009 Report of China’s industrial economic operation in summer,” conference that should be repeated in the development of new industries such phenomena to be attention to the building to avoid a new round of excess capacity.

Traditional industries, overcapacity is not uncommon. According to the letter to the Ministry of workers present, China’s steel industry overcapacity more than 100 million tons this year, an increase of new projects has been about 20%; cement production capacity surplus nearly 3 million tons of cement production lines in the construction of more than 200, with production capacity more than 2 100 million tons; aluminum smelting industry, capacity utilization is only about 65%, in the construction of alumina, electrolytic aluminum production capacity still amounted to 5.6 million tons and 200 million tons. In addition, shipbuilding, chemical, flat glass, etc. There are also more serious problem of excess production capacity. The solar, wind and other emerging industries duplicate construction and disorderly launched the problems were gradually exposed.

“With economic development, the community is actively looking for ways out of the financial crisis through the adjustment of industrial structure, thus a number of new industries has been considerable interest, which is the typical wind power industry and photovoltaic industry. Some parts of this two industry as the next round of economic development, an important industry. “Zhu Hongren the case of analysis of new industry has arisen due to overcapacity. It is reported that the country “to build new energy base” of the provinces have more than 17, but some did not fully demonstrate the planning.

Related posts:

1. What is excess capacity out of private enterprises to invest in Mozambique
   What is excess capacity out of private enterprises to invest in MozambiqueAugust 26, the State...
2. Letter to the Department of Industrial Engineering, said downward pressure is still great
   Letter to the Department of Industrial Engineering, said downward pressure is still greatYesterday the Ministry...
3. State Department study and arrange the suppression of excess capacity in some industries and redundant construction
   State Department study and arrange the suppression of excess capacity in some industries and redundant...