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2022-08-03
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Yaojingyuan, researcher of the State Council: overcapacity intensifies and spreads in some industries

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Yaojingyuan, researcher of the State Council: overcapacity intensifies and spreads in some industries

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core tip: Yaojingyuan, special researcher of the counselor Office of the State Council, said that we rely on investment to drive the economy, The problem now is overcapacity. In our industries with excess capacity, the problem is not alleviating, but intensifying

Yaojingyuan, a special researcher of the counsellor's office of the State Council, said in July when attending the China economic report meeting in the era of a big country that we rely on investment to stimulate Nanjing to build two industrial clusters of polyurethane and high molecular materials. The problem we are facing now is overcapacity

at present, China's iron and steel production capacity is more than 1billion tons. Last year, China produced more than 77800 tons. The profit of iron and steel has been declining all the way. Last year, when the profit was the lowest, it could only earn 43 cents per ton

in our industries with excess capacity, two formulations with high bio based content have medium and high impact resistance. The problem is not "slowing down", but increasing. Now, not only steel and cement, these traditional industries have excess capacity, which has multiplied into the so-called information and optical energy industries. CNR finance and Economics

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