日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Quick steps called for to help reduce overcapacity

By Zheng Yangpeng and Wang Yanfei (China Daily) Updated: 2016-02-20 02:50

Quick steps called for to help reduce overcapacity

A stevedore works at Qingdao port in Shandong province, July 1, 2015. [Photo/IC]

Some of China's most respected economists gathered at a high-level forum in Beijing on Friday and called on the government to act more quickly to help industries cut excessive capacity.

Since last year, the government has been shutting down inefficient and polluting factories, particularly in the steel-making and coal sectors.

But the government must work more resolutely and effectively because China "really cannot afford to wait" in closing down the old-fashioned and unprofitable part of China's manufacturing industry, said Liu Shijin, economist and former deputy director of the State Council Development and Research Center, a government think tank.

Liu said that officially arranged mergers of State-owned enterprises cannot solve problems such as low efficiency and excessive capacity.

Professor Qian Yingyi, dean of the Tsinghua University School of Economics and Management, said this year is of special importance for China's economic transition, so China must not waste time in its SOE reform.

To protect their own interests, some local governments are still trying to hide the industrial capacities of their regions, said Yang Weimin, deputy director of the Office of the Central Leading Group on Financial and Economic Affairs, a top-level policymaking body.

Some local governments report that they are closing down unprofitable businesses, which are known as zombie companies. But in fact they have just revoked some production licenses that they had not used for a long time, so they are not really helping these enterprises go through the liquidation process, Yang said.

"Banks should stop lending to the zombie companies. Regulators of SOEs should not be afraid to cut down the book value of the SOE assets under their control. Regional interests should give way to general logic," Yang added.

Overcapacity exists not only in the steel and coal industries, but also in the aluminum-making, petrochemical and shipbuilding industries, Yang said.

Zhou Xiaochuan, governor of the People's Bank of China, told the forum he knew nothing about the rumor, reported by some overseas media, that the central bank was ready to raise the reserve requirement ratio for commercial banks to cut the money supply, a move that would lead to a higher interest rate.

Yi Gang, vice-governor of the central bank, said China's monetary policy should not be "too loose".

It should prevent excessively easy credit from creating an asset bubble and resulting in downward pressure on the value of the renminbi, Yi said.

Contact the writers at zhengyangpeng@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美国产视频 | 国产精品麻豆传媒 | 超碰天堂 | av超碰| 久久综合社区 | 五月天色综合 | 日本在线www | 色骚综合 | 亚洲视频精选 | 狠狠综合| 91精品国产乱码久久久久久久久 | 午夜影院 | 国产精品久久久国产盗摄 | 蜜臀99久久精品久久久久久软件 | www欧美在线| 黄色片一区 | 亚洲自拍小视频 | 欧美精品一二三 | 成人免费视频入口 | 深夜成人福利视频 | 永久免费看mv网站入口亚洲 | 国产一区二区三区免费视频 | 亚洲高清不卡 | 米奇成人网 | 日本精品三区 | 天天干免费视频 | 精品久久久久久久久久久久久 | 欧美日韩a v | 久久精品国产一区二区 | 中文字幕最新 | 日韩精品在线观看免费 | 日韩一区二区视频 | 国产精品一 | 免费日韩视频 | 韩国久久 | 天天天天天操 | 激情视频一区二区 | 欧美片在线观看 | 日本女人高潮视频 | 黄色理论视频 | 五月婷婷在线观看 |