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Industry Promotion Planning the path of our economic analysis of _12198

By Shawn Henderson,2014-11-28 10:15
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Industry Promotion Planning the path of our economic analysis of _12198

    Industry Promotion Planning the path of our economic analysis of

     Summary: In the financial crisis affecting the world economy in the context, in order to maintain China's GDP still growing at a rate of 8%, so there are no major decline in the economy, the State Council

    launched ten major industry restructuring and revitalization plan. The article points out, industrial revitalization plan in the short term, mainly by reducing the burden on enterprises, increased social welfare and restore market confidence and to affect the economy; the long run, by optimizing the industrial structure and layout affect the economy.

     Keywords: Industrial Development Planning to expand domestic demand and economic growth

     In the financial crisis affecting the world economy in the context, in order to maintain our country's GDP still growing at a rate of 8%, so there are no major decline in the economy, the State Council launched ten major industry restructuring and revitalization plan. 4

    trillion investment in the revitalization of planning and policy of expanding domestic demand, as to cushion the world financial crisis on China's economic impact. Ten industrial revitalization plan for economic development and growth depends on the contribution of the role of the path are implemented through a rational and implemented, based on this, the paper industry, impact on economic revitalization plan the path of research.

     Current industry affect the economy's path to the revitalization

    plan

     (A) reduce the burden on enterprises and the increasing income

     Implementation of the revitalization plan in the industry, reduce the burden on enterprises to increase business income is one of the important goals to be achieved. Whether in the automotive, light industrial, or iron and steel, textiles, the industry is the more consistent voices hopes to increase export tax rebate, reduction or elimination of export tariffs on ways to increase business income, reduce

    the burden on enterprises.

     To iron and steel industry as an example, the state from December 1, 2008 shall be canceled on 67 tariff lines of steel export tariffs, including all the hot-rolled coils, hot-rolled plate, large profiles

    (including large-scale H-beam), the majority of steel, all welded, with tariffs on steel plates, alloy steel narrowband, alloy steel bar and other.

     Since December 2008, the textile export tax rebate to increase

again increasing demands. Meager profit for the textile industry, export

    tax rebates to increase or reduce the 1-2 percentage points, will have a

    significant impact on the industry. A securities analyst said that the textile export tax rebate rate increase of 3% or 6%, respectively in 2009 to 25.84 percent, or 51.69 percent to bring the profit increase to the textile and garment industries, especially export-oriented enterprises

    have a significant positive.

     (B) the increase in social welfare

     Light food, paper, furniture, household appliances and other

    industries, involving 200 million farmers market. Only light industry can absorb 20 million migrant workers in cities. From the employment perspective, even without including the migrant workers, nine industries had a direct urban employees reached 36.156 million, accounting for 30%.

     In light industry, the revitalization plan, strengthen the degree of food security concerns and increase manufacturing and selling counterfeit and shoddy products unlawful punishment. At the same time,

    further increase 'appliances to the countryside' policy enforcement, the microwave oven, induction cooker two types of products under the scope of subsidies, and products of each household can only purchase a limited relaxation of the two, the central government to increase the nation the region and support for quake-affected areas.

     As China's longest chain of industries, the automotive industry have made great contributions to the GDP. Data show that in 2007 China's auto industry employed 291 million, up 30 million related to employees, and create value 2.31% of total GDP. From 2009 January 20 to December 31, displacement of 1.6 liters and below 5% of passenger cars by reducing vehicle purchase tax levy. From 2009 March 1 to December 31, the state has

    arranged 5.0 billion, three-wheeled vehicle for farmers and low-speed

    trucks scrapped redemption of light trucks and the purchase of the following displacement 1.3-liter mini-buses, to give a one-time financial

    subsidies. At the same time, increase subsidies for renovation of old car is scrapped capital and clean-up canceled an unreasonable restriction of

    the provisions of the car.

     (C) to restore market confidence in order to expand domestic demand

     In addition to reducing the burden increase for the enterprise,

    the corporate finance difficult issue has become the focus of this plan. Many enterprises have the greatest difficulty is the tightening of credit from banks. State has increased the intensity of the industry's lending business and will undoubtedly enhance the confidence of bank credit.

     In the shipbuilding industry to adjust the revitalization plan, to encourage export buyer's credit funds to increase the ship put in, the existing domestic ocean-going fiscal and financial support policies to

    extend until 2012. Non-ferrous metals industry, the state has invested heavily in purchasing and storage can be non-ferrous metal mineral

    products, provide short-term financing, supporting the mine construction, mining, smelting and other small and medium enterprises. Reposted elsewhere in the paper for free download http://

     Period of time planning the future impact of industrial revitalization of the path of the economy

     Throughout the revitalization plan has been issued, although the

    focus for a total of grams of difficulties, namely, short-term economic

    growth, but by planning for China's industrial structure and layout to conduct a thorough adjustment is more important. Through elimination of outdated production, encourage technological innovation, mergers and reorganization to achieve industrial upgrading and optimizing the layout, the Chinese likely to accelerate intra-industry mergers and restructuring.

     To iron and steel industry as an example, in the industry

    revitalization plan, 'to speed up eliminating backward production capacity and improve the degree of industrial concentration' will be the policy objectives. According to the China Iron and Steel Industry Association (referred to as 'Steel Association'), China's steel industry, the industry accounted for backward production capacity of approximately 40% of full capacity. The production has come from behind some equipment, energy consumption and high pollution and high small steel mills. In accordance

    with the 2008 output of 490 million tons of China's steel prices, these small steel mills in 2007, provide the market with about 190 million tons production. Small and backward steel production capacity, elimination of natural high-end product sales to make way. In addition, the steel is recommended that the relevant state departments to take this opportunity to put corporate cross-regional, cross-ownership restructuring policies in

    order to break long-term restructuring of the steel industry, the

    institutional obstacles. Steel Association has submitted detailed information on the policy recommendations to address these problems, including the approximate percentage of the distribution of benefits, local and central income distribution.

     References:

     1. Wu Yang. China's industrial planning and prospect research. Modern urban studies, 2008

     2. Zhu Yaqiong .9 major focus of industrial revitalization plan. Invest in China, 2009

     3. Li Jingwen. The transformation of economic development mode, and vigorously develop modern service industry. Economic Research, reference, 2008 reposted elsewhere in the paper for free download http://

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