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

SOEs hit reduction goal

By YANG ZIMAN (China Daily) Updated: 2016-10-25 09:18

State-owned enterprises directly under the supervision of the State-owned Assets Supervision and Administration Commission have reached the goal of trimming their overcapacity this year, well before the end of 2016, according to a top official of the commission.

There are 103 SOEs directly under the supervision of the SASAC. They include three all-steel companies: Baosteel Group, Wuhan Iron & Steel Group and Ansteel Group, as well as two steel-related companies-China Minerals Corp and Xinxing Cathay International Group.

The short-term goal of capacity reduction is to cut crude steel capacity by 15 percent, or a reduction of 27 million metric tons, within three years starting from 2016. This year's goal is a reduction of 7.19 million tons.

Li Bing, chief of the corporate reform office of the SASAC, said that the overall reduction of capacity would be completed by the companies' own reductions of 16.4 million tons, 9.39 million tons by mergers and reorganization and 1 million tons by export cross-border cooperation.

"The future capacity reduction goal is expected to increase," Li said.

The total crude steel capacity of the five steel and steel-related companies in 2015 stood at 138 million tons, accounting for 12.2 percent of the total steel capacity in China.

Baosteel announced in July that it would reduce its overcapacity by 9.2 million tons from 2016 to 2018. In August, it announced that the company had reached the yearly goal of reducing 3.95 million tons.

Wuhan Iron & Steel said in May that it would reduce capacity by 4.42 million tons. Yet it has not published its progress in this regard. Other steel-related SOEs have not disclosed their goals this year or their progress.

Li said that capacity reduction had become a key criterion for steel SOE leaders' performance reviews.

"The boards of SOEs must strictly review potential investment projects," he said.

"If any of them add new or expand existing steel capacity, the board of the company would be subjected to reorganization," he added.

On the other hand, leaders of whose companies which had made significant progress in capacity reduction would be awarded bonus points in performance reviews and increases in salary, he said.

Xu Xiaoqing, a steel analyst at 315.com.cn, an information website on bulk commodities, said that Wuhan Iron & Steel was expected to outperform its capacity reduction goal this year and Ansteel was expected to reach its goal.

"The merger of Baosteel and Wuhan Iron & Steel in September is a signal: mergers and reorganization will be the main direction for the industry in the future. The days of blind expansion will be over," said Xu.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产精品麻豆一区二区 | 国产伦精品一区二区三区视频网站 | 国产精品入口夜色视频大尺度 | 99精品免费 | 波多野结衣一区二区三区 | 国产区在线看 | 性色一区二区 | 久草这里只有精品 | 欧美成人自拍视频 | 久久精品99国产精 | 欧美色国 | 天堂在线一区二区 | 国产午夜三级一区二区三 | 午夜影视av | 亚洲综合视频网 | av在线免费播放网址 | 99热免费精品 | 久久99精品视频 | 夜夜春很很躁夜夜躁 | 午夜www| 日韩美女一区二区三区 | 一级黄色在线视频 | 狠狠狠操 | 成人在线观看www | 一本一道| 日韩黄视频 | 国产第一页在线观看 | 69久久久久 | 亚洲成人精品在线观看 | 国产一区二区三区四区在线 | 欧美一二区 | 激情网站视频 | 福利网在线观看 | 欧美成人精品欧美一级 | 免费网站观看www在线观 | 天堂中文在线观看视频 | 九一国产精品 | 蜜桃成人免费视频 | 婷婷激情四射 | 日韩www| 欧美日韩免费在线视频 |