China's first "Steel Industry Development Policy" is expected to be announced this week
Policy drafting members commented on "Steel New Deal"
China's first "Steel Industry Development Policy" is expected to be officially announced this week. This policy has attracted widespread media attention as early as two years ago, because this policy will have an important and far-reaching impact on the Chinese steel industry and the entire national economy.
Recently, our reporter interviewed Prof. Li Xinchuang, vice president and chief engineer of China Metallurgical Industry Planning and Research Institute. As one of the drafters of the "Steel Industry Development Policy," Li Xinchuang talked about the policy. According to him, the overall development plan of the steel industry began to be brewed as early as 2002, and has been revised more than 30 times since the first draft.
Combining the development status of China's steel industry and the future trend of China's national economy, and drawing on the experience and lessons of the development of foreign steel industry, the National Development and Reform Commission has completed the system construction of the steel industry policy after nearly two years of efforts, and in April this year. On the 20th, it was reviewed and approved by the executive meeting of the State Council.
Li Xinchuang said that the promulgation of the "Steel Industry Development Policy" is a major event in the development of China's steel industry. It will play an important guiding role in the future development of China's steel industry and an important cornerstone for promoting the healthy development of the steel industry. The "Steel Industry Development Policy" elaborates on many hot issues in the steel industry today, such as steel production, steel exports, and integration of large steel companies.
Li Xinchuang said that in order to correctly understand the development of China's steel industry, we can look at the development prospects of China's steel industry from the following five points: First, China's steel industry still has some room for development, but this space is not as big as it used to be. Therefore, it is necessary to take a cautious view of the problem of steel expansion. At the same time, we must also see that China's steel consumption will remain at a very high level for several years. If the Chinese steel industry does not maintain a certain scale of development, it will not be able to effectively meet the demand for domestic steel consumption.
Secondly, the structural contradictions of China's steel industry are prominent, and the contradiction between product structure, equipment structure, organizational structure and layout structure has been highlighted. In particular, China's high-tech and high value-added steel products cannot meet the domestic market demand. These steels are also imported in large quantities each year. In 2003 and 2004, the number of imported steel products reached 37.17 million tons and 29.3 million tons, accounting for 14% and 10% of domestic steel consumption, respectively. Moreover, there are a considerable number of low-level, high-energy, heavy-pollution steel production capacity in production. These issues need to be addressed in development.
Third, the supporting conditions for the development of China's steel industry have been completely tense. Such as water, electricity, coal, transportation, etc., there are serious tensions; at the same time, iron ore and other raw materials need to be imported in large quantities, especially the sharp increase in iron ore prices has brought some pressure on the development of the steel industry.
Fourth, the environmental pressures facing the steel industry are growing. With the improvement of people's living standards, the public's requirements for the environment are getting higher and higher. How to deal with the relationship between development and environmental protection, the steel industry is under tremendous pressure.
Fifth, China's iron and steel enterprises' research and development capabilities and strategic management capabilities are still far from the advanced foreign companies.
Despite these problems, China's steel industry is still one of the most competitive industries in the world in all industries. Li Xinchuang said that the introduction of the "Steel Industry Development Policy" is not simply to restrict the development of the steel industry, but to limit backward and blind development, thereby promoting the healthy and sustainable development of the steel industry. From the characteristics and development potential of China's steel market, it should be a good time for China to change from a steel power to a steel power, a comprehensive upgrade of the steel industry, product structure, equipment structure and organizational structure adjustment, and increase the concentration of the steel industry.
Li Xinchuang finally said that in response to the problems faced by China's steel industry, the "Steel Industry Development Policy" has clarified that the future direction of China's steel industry development is to accelerate product structure adjustment, improve industrial concentration, develop circular economy, and resolutely take the new steel industry. We will work hard to build China into an iron and steel country with international competitiveness.
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
From:International Finance News
Policy drafting members commented on "Steel New Deal"
China's first "Steel Industry Development Policy" is expected to be officially announced this week. This policy has attracted widespread media attention as early as two years ago, because this policy will have an important and far-reaching impact on the Chinese steel industry and the entire national economy.
Recently, our reporter interviewed Prof. Li Xinchuang, vice president and chief engineer of China Metallurgical Industry Planning and Research Institute. As one of the drafters of the "Steel Industry Development Policy," Li Xinchuang talked about the policy. According to him, the overall development plan of the steel industry began to be brewed as early as 2002, and has been revised more than 30 times since the first draft.
Combining the development status of China's steel industry and the future trend of China's national economy, and drawing on the experience and lessons of the development of foreign steel industry, the National Development and Reform Commission has completed the system construction of the steel industry policy after nearly two years of efforts, and in April this year. On the 20th, it was reviewed and approved by the executive meeting of the State Council.
Li Xinchuang said that the promulgation of the "Steel Industry Development Policy" is a major event in the development of China's steel industry. It will play an important guiding role in the future development of China's steel industry and an important cornerstone for promoting the healthy development of the steel industry. The "Steel Industry Development Policy" elaborates on many hot issues in the steel industry today, such as steel production, steel exports, and integration of large steel companies.
Li Xinchuang said that in order to correctly understand the development of China's steel industry, we can look at the development prospects of China's steel industry from the following five points: First, China's steel industry still has some room for development, but this space is not as big as it used to be. Therefore, it is necessary to take a cautious view of the problem of steel expansion. At the same time, we must also see that China's steel consumption will remain at a very high level for several years. If the Chinese steel industry does not maintain a certain scale of development, it will not be able to effectively meet the demand for domestic steel consumption.
Secondly, the structural contradictions of China's steel industry are prominent, and the contradiction between product structure, equipment structure, organizational structure and layout structure has been highlighted. In particular, China's high-tech and high value-added steel products cannot meet the domestic market demand. These steels are also imported in large quantities each year. In 2003 and 2004, the number of imported steel products reached 37.17 million tons and 29.3 million tons, accounting for 14% and 10% of domestic steel consumption, respectively. Moreover, there are a considerable number of low-level, high-energy, heavy-pollution steel production capacity in production. These issues need to be addressed in development.
Third, the supporting conditions for the development of China's steel industry have been completely tense. Such as water, electricity, coal, transportation, etc., there are serious tensions; at the same time, iron ore and other raw materials need to be imported in large quantities, especially the sharp increase in iron ore prices has brought some pressure on the development of the steel industry.
Fourth, the environmental pressures facing the steel industry are growing. With the improvement of people's living standards, the public's requirements for the environment are getting higher and higher. How to deal with the relationship between development and environmental protection, the steel industry is under tremendous pressure.
Fifth, China's iron and steel enterprises' research and development capabilities and strategic management capabilities are still far from the advanced foreign companies.
Despite these problems, China's steel industry is still one of the most competitive industries in the world in all industries. Li Xinchuang said that the introduction of the "Steel Industry Development Policy" is not simply to restrict the development of the steel industry, but to limit backward and blind development, thereby promoting the healthy and sustainable development of the steel industry. From the characteristics and development potential of China's steel market, it should be a good time for China to change from a steel power to a steel power, a comprehensive upgrade of the steel industry, product structure, equipment structure and organizational structure adjustment, and increase the concentration of the steel industry.
Li Xinchuang finally said that in response to the problems faced by China's steel industry, the "Steel Industry Development Policy" has clarified that the future direction of China's steel industry development is to accelerate product structure adjustment, improve industrial concentration, develop circular economy, and resolutely take the new steel industry. We will work hard to build China into an iron and steel country with international competitiveness.
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
From:International Finance News

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