How to Make China's New Energy Industry More Advantage by "Twelfth Five-year Plan"

The Ministry of Industry and Information Technology announced on the 24th "Polysilicon Industry Access Requirements", which triggered the first shot of the "12th Five-Year" industrial restructuring. Sources told the China Securities Journal reporter that the 2011 version of the “Guidance Catalogue for Industrial Structure Adjustment” formulated by the National Development and Reform Commission is expected to be introduced before and after the two sessions.
Guiding the direction of investment The guidance catalogue will be transferred to the 2011 edition of the Catalogue of Guidance for Industry Structure Adjustment formulated by the National Development and Reform Commission, which is expected to be introduced before and after the two sessions. “Overall, the adjustment is very large.” According to sources, some policies for revitalizing the industry, fostering strategic emerging industries, and suppressing excess capacity in some industries will all be reflected in the new catalogue. These adjustments are also reflected in changes in credit support, capital market financing, financial support, land supply, and electricity prices.
According to sources, in the 2005 edition, “large-scale ethylene construction (80,000 tons/year in the eastern and coastal areas and 600,000 tons/year in the west, and existing ethylene renovation and expansion) belong to the encouraged category, but in the new version Directory has been deleted. Since the 2007 edition of the catalogue (draft for soliciting opinions) was not released to the public, the 2005 edition was introduced more than five years ago. It has not been able to adapt to the new situation in the development of the industry. The new edition has similar adjustments.
In 2005, the State Council promulgated the Interim Provisions for the Adjustment of Industrial Structure, which pointed out that the "Guidance Catalogue for the Adjustment of Industrial Structures" is an important basis for guiding investment directions, government management of investment projects, and the formulation and implementation of fiscal, taxation, credit, land, and import and export policies. In principle, it applies to all types of enterprises in China. This directory consists of three categories of directories that encourage, limit, and eliminate.
The encouragement category is mainly to encourage the research and development and industrialization of the domestic technology base, which is conducive to the formation of a new economic growth point at the same time have a larger market demand for the industry. For encouraged investment projects, all financial institutions should provide credit support in accordance with the principle of credit. For newly-built projects that are restricted, the investment management department shall not approve, approve, or record. The financial institutions may not grant loans, and the land management, city planning, and other departments may not handle the relevant procedures. For phase-out projects, all financial institutions should stop all forms of credit support and take measures to recover the loans that have been issued; all regions, departments and relevant enterprises must take effective measures to phase out them within the prescribed time limit, and the national prices within the phase-out period. The competent authority can increase the price of electricity supply.
In addition, as a tool to adjust the industrial structure, the “Government-approved Investment Projects Catalogue” will also be issued in the near future after making major adjustments. This directory is attached to the decision of the State Council on the reform of the investment system and is an important basic document for implementing the project approval system. At present, China has two systems for the approval and filing of corporate investment projects. The scope of approval is stipulated in the approved catalogue. The current list of approved projects covers less than 20% of corporate investment projects.
Strengthen access management Several regulations will come out On January 24, the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Environmental Protection announced the “Polysilicon Industry Access Requirements”. The relevant person told the China Securities Journal reporter that this is only the first action to raise the threshold of some restricted industries in 2011. The relevant ministries will accelerate the formulation of relevant industry access conditions in the 12th five-year plan period for the purpose of timely adjusting the industrial structure. jobs. This will have a major impact on related industries.
Chen Yanhai, Director of the Department of Raw Materials of the Ministry of Industry and Information Technology, recently stated that in 2011, the conditions for access to synthetic ammonia, urea, phosphate fertilizers, hydrochlorofluorocarbons, and timber will also be formulated and introduced. Among them, the study on the conditions for the admission of synthetic ammonia will be completed in the first half of next year.
In addition, the Ministry of Industry and Information Technology will also publish industry policies and management regulations for cyanide, melamine, rare metals, chrysotile, and fluorinated workers this year, and study and propose guidance on the development of industries such as carbon fiber, magnesite, paints, dyes, and adhesives; The iron and steel, non-ferrous metals, building materials and other industries will eliminate backward production capacity targets and decompose them into specific provinces and regions, and timely announce the list of steel, non-ferrous metals, petrochemical, and building materials manufacturers that meet the conditions for entry, and guide industrial technological progress and investment in social investment. , Formulate a mandatory plan for the production of rare metals, fluorspar, and fireclay.
Earlier, the Ministry of Industry and Information Technology revised and issued the “Admission Requirements for Coking Industry (Revised in 2008)” and “Access Conditions for the Calcium Carbide Industry (Revised in 2007)” to increase the access threshold for the coking industry and the calcium carbide industry, respectively.
Promoting structural adjustment Emerging industry leaders Many securities company researchers believe that during the period of the 12th Five-Year Plan, the market gap after industrial adjustment will be filled by strategic emerging industries.
Earlier, it was learned that in the future, the strategic emerging industries may occupy a single chapter in the “Twelfth Five-Year Plan”; after the plan is issued, seven strategic emerging industries will issue their own “Twelfth Five-Year Plan” to determine the medium-term development goals. . As for the specific introduction time, Wu Hao, the deputy director of the National Energy Administration, clearly stated in an interview with a China Securities Journal reporter that, as a sub-plan in the 12th Five-Year Plan, the time for the introduction of strategic emerging industries is definitely after the 12th Five-Year Plan. .
Peng Sen, deputy director of the National Development and Reform Commission, said recently that strategic emerging industries will be divided into three steps. In the first phase, by 2015, the strategic emerging industries will form a basic pattern of healthy development and coordinated advancement, which will significantly increase the role of industrial upgrading. The added value will account for about 8% of the GDP, and the second phase will reach 2020. In the year, the added value of strategic emerging industries accounted for about 15% of the GDP; in the third phase, by 2030, the overall innovation capability and industrial development level of strategic emerging industries reached the world’s advanced level, for the economic and social Sustained development provides strong support.
The traditional industries transformed according to energy conservation and emission reduction targets will also receive important development opportunities. After completing the experts' argumentation phase on November 25, 2010, the various ministries still differed in the specific content of the “Energy-saving and Environmental Protection Industry Development Plan”. Before the NDRC submits a report to the State Council, it needs to be revised significantly, taking into account the “12th Five-Year Plan”. With the convergence of strategic emerging industries planning, the plan will be issued after the two sessions.
In addition, relevant departments will continue to issue relevant policies for steel, cement, wind power equipment, polysilicon, electrolytic aluminum, shipbuilding, soybean crushing, vitamin C and other industries with excess capacity, and make adjustments to the structural problems existing in these industries.
It can be foreseen that in the first year of the “Twelfth Five-Year Plan”, the storm of industrial restructuring will again blow up. However, Zhang Hanya, president of the China Investment Association, cautioned that using administrative measures to adjust the industrial structure may not be conducive to the healthy development of some industries. "Industry structural adjustment must rely more on market forces, and the development environment for some industries and enterprises can be moderately relaxed."

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