China will suppress overcapacity and redundant construction in some industries
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The meeting emphasized that we must adhere to the combination of control increments and stock optimization, classification guidance combined with preservation and pressure, fostering the combination of emerging industries and upgrading of traditional industries, combining market guidance with macro-control, and comprehensive application of laws, economy, technology, and standards. And necessary administrative means to coordinate industrial, environmental protection, land and financial policies to form a joint force to guide the healthy development of the industry. At present, we must focus on strengthening guidance for the development of steel, cement, flat glass, coal chemical, polysilicon, and wind power equipment. First, strict market access. To further strengthen the examination and approval management of industrial projects such as iron and steel industries with excess capacity, it is forbidden to devolve examination and approval authority, and it is forbidden to squash and to make non-compliance approval. We strictly issue production licenses for rebar, wire rod, cement and other products. Improve the access threshold for energy consumption, environmental protection, and comprehensive utilization of resources. To establish and improve access standards for emerging industries such as polysilicon. Second, we must strengthen environmental supervision. Strengthen the environmental impact assessment of regional industrial planning and use it as a prerequisite for accepting environmental impact assessment documents for high-energy-consuming projects within the approval area. Projects that fail to pass the environmental assessment will not be allowed to start construction. Enterprises that fail to meet the pollutant discharge standards or exceed the total amount of pollutants must comply with the deadline for treatment, and those with unqualified deadlines must stop production. Third, we must strictly follow laws and regulations to provide land for use. For projects that do not comply with industrial policies and land supply policies, land will not be approved. For projects that fail to perform the examination and approval procedures as required, no land shall be supplied. Fourth, we must implement a strict financial policy of maintaining control. According to the adjustment and revitalization plans for key industries and related industrial policies, loans are required. Strict debt issuance and capital market financing review procedures. Fifth, we must establish an information release system. The establishment of a joint publication of information systems, to strengthen the industry's unified monitoring of production capacity and capacity utilization, timely release to the community of industrial policy orientation and industrial scale, social needs and other information. Give full play to the role of industry associations, guide enterprises and investors to implement national industrial policies and industry development plans, strengthen industry self-discipline, and improve the overall quality of the industry. It is necessary to deepen reforms and solve the deep-seated problems of overcapacity from the institutional perspective.