综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
China
Home / China / View

Cutting overcapacity

China Daily | Updated: 2013-11-05 07:23

With only two months of the year to go, more efforts are badly needed to curb local governments' urge to boost growth through investment, particularly in those sectors with severe overcapacity.

China's gross domestic output grew 7.7 percent in the first nine months, which has secured the government's full-year target of 7.5 percent.

However, while most developed areas in this country such as Guangdong province, Beijing and Shanghai have recently cut their growth targets to expand their room for economic restructuring, a number of local governments still seem to be fixated on GDP growth.

In view of the increasing damage excess production capacity is causing China's environment and economic transformation, the government last month issued a guideline to tackle serious production overcapacity, particularly in the cement, electrolytic aluminum, sheet glass, shipping and steel sectors.

Statistics indicate that the cement production capacity being used was only 72 percent by the end of 2012, electrolytic aluminum's was 73.7 percent, sheet glass 71.9 percent, shipping 75 percent and steel 73.1 percent.

Yet, in spite of warnings that excess capacity will lead to a drop in revenues and growing risks, an array of projects remain under construction in less-developed areas, further aggravating the current overcapacity.

As the country promotes strengthened environmental awareness and higher living standards among local residents for pursuit of sustainable growth, the vast but less-developed central and western areas face a harder battle to balance growth with environmental protection and industrial upgrading.

It is obvious that any substantial reduction in capacity in those industries that have transferred from the developed coastal areas to less-developed inland areas in recent years will incur heavy job losses. Hence, to adequately compensate less-developed areas for the sacrifices they make during the nationwide reduction of overcapacity, the central government should come up with more targeted support.

The green loans that Shang Fulin, chairman of the China Banking Regulatory Commission, called for on Monday to facilitate the reduction of overcapacity is a worthwhile proposal. More and cheaper credit should be a must for the success of less-developed areas' greening efforts.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
班戈县| 马鞍山市| 慈溪市| 文安县| 山阳县| 吴堡县| 衢州市| 保靖县| 拜城县| 灵石县| 乐陵市| 德昌县| 南投市| 格尔木市| 江油市| 莱芜市| 崇礼县| 咸阳市| 河南省| 垣曲县| 丹巴县| 如皋市| 唐海县| 海口市| 麟游县| 固原市| 开化县| 仙游县| 龙海市| 蓝山县| 论坛| 义乌市| 阿巴嘎旗| 日照市| 桃源县| 泸溪县| 平山县| 达孜县| 新干县| 威信县| 扎兰屯市|