www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

China needs more reforms to address overcapacity: European Chamber

(Xinhua) Updated: 2016-02-23 14:22

BEIJING -- China's attempt to cut overcapacity has been a creditable move, but more reforms are needed to address the problem, according to a report published on Monday by the European Chamber of Commerce in China.

The European Chamber lauded decisions to let the market play the "decisive role" in the economy, and the fact that the 2015 Central Economic Work Conference identified overcapacity as one of the top-five priorities for 2016, but said that such aspirations needed to be paired with correspondingly bold actions.

Following policy meetings that stressed cutting industrial overcapacity, local authorities announced their targets for capacity cuts and some provinces also carried out surveys of unproductive companies.

While such efforts deserve credit, issues such as regional protectionism and misdirected investment hindered policy implementation, the report said, suggesting more sustained attempts by the government to tackle the problem.

Specifically, the report gives 30 recommendations including cutting expenditure in industries with excess capacity, expanding dividend payments by state-owned enterprises to reduce unneeded expansions, and further open up the service industry to reduce reliance on industries with overcapacity.

"Without a sustained effort to address it now, overcapacity may well seriously impede the effectiveness of China's economic reform agenda," said Joerg Wuttke, president of the European Chamber.

The report identified eight fields with the most excess capacity: crude steel, electrolytic aluminum, cement, chemicals, refining, flat glass, shipbuilding, as well as paper and paperboard.

Notably, thanks to efforts by the government to raise the entry barriers for less competitive market entrants, the wind energy sector was removed from the European Chamber's list of sectors characterized by major overcapacity when the Chamber published an original study on the issue in 2009.

The European Chamber also lauded China's move to limit the ability of local governments to subsidize their champions through the 2014 revision of the Budget Law and hopes that it will be strictly enforced.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 波多野一区二区三区在线 | 中国老太卖淫播放毛片 | 99这里只有精品视频 | 久草资源福利 | 国产在线精品一区二区三区不卡 | 91热播 | 久久久久久一级毛片免费野外 | 久久免费在线观看 | 亚洲成a人| 1024香蕉国产在线视频 | 日本精品高清一区二区不卡 | 亚洲线精品久久一区二区三区 | 免费一级毛片在线播放欧美 | 绝对真实偷拍盗摄高清在线视频 | 久草免费小视频 | 成人午夜免费视频毛片 | 精品72久久久久久久中文字幕 | 在线观看国产区 | 成人小视频在线观看免费 | 久久久久久久久毛片精品 | videosfree性欧美另类 | 成人在线午夜 | 欧美激情成人网 | 99热精品在线观看 | 欧美视频免费一区二区三区 | 亚洲欧美成人综合 | 成人午夜在线观看 | 亚洲精品国产成人专区 | 在线a毛片免费视频观看 | 91精品宅男在线观看 | 亚洲日本在线看片 | 国产男女视频在线观看 | 欧美理论大片清免费观看 | 欧美三级超在线视频 | 91成年人| 久久久久久久岛国免费观看 | 亚洲成a人不卡在线观看 | 欧美视频免费一区二区三区 | 国产永久在线观看 | 国产伦码精品一区二区 | 国产三级做爰在线观看 |