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Ministry of Industry urged steel and eight industry restructuring

Promulgator: admin Send date: 2012-07-28 14:35 Visitor:

Vice Minister of Industry and Information Technology, Su Bo said on the 7th, the "12th Five-Year" period China will be the automotive, steel, cement, machinery manufacturing, electrolytic aluminum, rare earth, electronic information, medicine and other eight sectors as the focus, to promote competitive enterprises andjoint, cross-regional merger and reorganization of foreign mergers and acquisitions and investment cooperation, increased industrial concentration.

Soupault national corporate mergers and acquisitions work experience exchange meeting, all localities to local realities, to pursue the "arbitrarily arranged to select the characteristics of the industry and key industries, promoting enterprise merger and reorganization of this region's key industries, and strive to" Twelfth Five the end of the eight key industries, industrial concentration was significantly increased, and promote the corporate mergers and restructuring of other industries.

Soupault said that outstanding problems existing in China's industrial economic structure of industrial organization structure is irrational, industry concentration is not high, enterprises, small and scattered, socialization, and a low level of specialization, lack of scale advantages of large enterprise groups.

Soupault, our next step will be to implement and improve the policies and measures to improve management and services, establish and improve the coordination mechanism, adhere to market-oriented operation, with full respect for the enterprise will guide and encourage companies to voluntarily, self-involved in the merger and reorganization.

The data provided by the Ministry of Industry, China's crude steel production enterprises has more than 500, the average size of just over 100 million tons, the top 10 crude steel production accounted for only 48% of the country's total output. In contrast, 60% of the total South Korea's Posco crude steel production accounts for about Korea, ThyssenKrupp of Germany, the United States Steel Corporation in the United States, Russia, Xie Weier and other iron and steel enterprises, crude steel production accounts for their own total the production ratio of more than 20%.

At present, the domestic large steel enterprises including Baosteel Group, Anshan Iron and Steel Group, Shougang Group, including cross-regional merger and reorganization. Cross-regional merger and reorganization are still some difficulties, such as Baosteel Group reorganization of Guangzhou Iron and Steel Group, so that Baosteel Group, Zhanjiang steel project delay granted to start building.