State Council: More use of market-based means to increase production capacity to encourage mergers and acquisitions

On May 10, Premier Li Keqiang presided over the State Council executive meeting and passed the "13th Five-Year Plan" of "Promoting the Frontier and Enriching the People" to promote the prosperity and stability of the frontiers and improve the lives of all ethnic groups. Hearing the progress of the work of de-capacity and the elimination of backward production capacity in key industries Check the situation report, promote economic structure optimization; deploy expansion and upgrade information consumption, release domestic demand potential and foster new development momentum.
The meeting pointed out that the resolution and elimination of excess backward production capacity is an important task of the supply-side structural reform, and is an inevitable requirement for transforming the development mode and promoting the transformation of new and old kinetic energy. Since the beginning of this year, all regions and departments have continued to pay close attention to the implementation of work. The steel and coal industries have achieved positive results in eliminating backward production capacity. The country has withdrawn 31.7 million tons of steel production capacity and 68.97 million tons of coal production capacity, respectively, and completed 63.4% and 46% of annual tasks respectively. . However, the inspection also found that the phased changes in supply and demand led to the weakening of the capacity-removal, the delay in the elimination of backward production capacity in some places, the difficulty in staff placement, debt disposal, and merger and reorganization. In the next step, we must use more market-based legalization methods to effectively resolve and eliminate excess backward production capacity. We must resolutely investigate and deal with illegal and illegal production and construction, and those that do not meet the standards of environmental protection, quality, safety, etc., and must be serious and accountable for places where work is not effective. All localities should limit the production capacity of the “strip steel” discovered in the previous investigations completely and dismantle the equipment to prevent resurgence. Coal mines included in the annual de-capacity mission will be withdrawn at the end of November. The task of eliminating, stopping, and slowing down coal-fired power projects should clearly define time limits and responsibilities to people. Second, we must put the diversion and resettlement of the transferred employees into a prominent position. Support Gangcheng Coal City to create a “double-creative” platform, accelerate the cultivation of new kinetic energy, and strengthen the support of employees in employment difficulties. It is necessary to timely allocate and make good use of the central government special awards and supplement funds. Local governments and enterprises must implement relevant funds and measures to ensure that there is a way out and life guarantee for the employment of the diverted employees. Strengthen debt disposal guidance and encourage qualified enterprises to implement mergers and acquisitions. Third, we must strengthen the supervision and supervision, all localities should promptly announce the relevant information on capacity, improve the reporting system, prevent the elimination of backward production capacity, and resolutely control the import of low-quality coal.
In accordance with the "Government Work Report" deployment, the meeting determined that, based on the measures already introduced in the previous period, it focused on new areas of consumption and new information products such as life, public services, and industry, and promoted the upgrading of information consumption. First, support enterprises to develop products such as digital homes, and vigorously develop high-end smart devices such as smart wearables and virtual reality. Expand new formats and new models in online education, medical care and digital audio and video. Support the development of a knowledge sharing platform in a market-based manner. The second is to speed up the network to speed up and reduce costs, and promote the whole process of communication, logistics, payment, and after-sales to reduce costs. Accelerate the popularization of information terminals and information into the village, and expand the coverage of information consumption. The third is to improve the network security and market supervision system, effectively strengthen personal information protection, and crack down on information and online fraud. Safe, convenient and rich information consumption will help economic upgrading and improvement of people's livelihood.

Diamond Electrop Profile Grinding Wheel

CHANGZHOU ANTALYA TOOL AND MACHINERY CO., LTD. , https://www.atly-tool.com