南海问题 杨燕怡文档格式.docx

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南海问题 杨燕怡文档格式.docx

  (February16,2016)

  RecentweekshaveseenfurtherworryingmovesinBrussels.TheEuropeanCommissionopenednewanti-dumpinginvestigationsonsteelproductsoriginatingfromChina,andtheEuropeansteelindustryorganisedademonstrationagainstso-calledChinesedumpingontheEUmarketandthegrantingofMarketEconomyStatusforChina.

  Theprotectionistsentimentisworryingandtheconfrontationalapproachisregrettableandmisleading.

  Nobodyshouldbeunderanyillusion:

overcapacity,includingexcessivecapacityoftheglobalsteelsector,isoneofthemanychallengesweareallfacedwith.NotonlyhastheEuropeansteelindustrysectorbeenhardhit,ironandsteelindustriesinChinaandmanyotheremergingeconomiesarebearingthebrunt,sufferingbadlyfromexcessiveproductionandflaggingdemand.

  Accordingtosomeestimates,areductionofovercapacityby30%inthoseindustrieswiththemostexcesscapacity–ironandsteel,coal,cement,shipbuilding,aluminiumandflatglass–isexpectedtoaffecttheemploymentofthreemillionworkers.

  NottomentionthatChinaisalsoconfrontedwithmanyotherdauntingtasks:

liftingtheremaining70millionpeopleoutofpoverty,advancingindustrialisationtotransformChinaintoapost-industrialsociety,rebalancingtheeconomyfrominvestmentandnetexportstoconsumptionandinnovation.

  Thesituationisseriousandrequiresaresponse.

  Butwhatkindofresponse?

Grumble,curse,cutthegroundfromunderothers'

feet,retreatintoprotectionismandbeateachother'

sthroats?

  Ifhistoryservesasaguide,theseareunwelcomeifnotirresponsibleresponses.Theymayhelpwithventingone'

sangerandfrustrationandobtainshort-termgains,butfailtoserveone'

slong-termself-interestandthecommoninterestofall.

  Obviously,howtorespondtochallengesbelongstothecompetenceofeachandeverycountry.IonlywishtosharewhatwebelievetobethebestpossibleapproachandoptionandwhatChinahasbeendoingandwillcontinuetodowithregardtotheissueonhand.

  Steelproductionhalted

  First,digesttheproblemandnotdumpitontoother'

sdoorsteps.

  DevelopmentofthesteelindustryinChinaismainlytomeetitsdomesticdemand,ratherthantoexporttoothercountries.

  Toeffectivelydealwiththeovercapacityproblems,Chinahastakentoughmeasurestocontrolnewcapacity.Painfulasitis,Chinahascutitssteelindustrycapacitybymorethan90milliontonsoverthepastfewyearsandinvestmentinironandsteelassetsby13%lastyearandthegrowthofChinesesteelproductionhasbasicallycometoahalt.

  Tocontinuetoaddressovercapacityinaseriousandresolutemanner,Chinahasmadeeliminationofovercapacitythetoppriorityforthisyearandwillcutthesteelindustrycapacitybyanother100-150milliontons.

  '

Zombiecompanies'

  Second,takethetacklingofovercapacityasanopportunitytoaccelerateeconomicrestructuring.

  TheChinesewordfor"

crises"

ismadeupoftwocharacters,crisisandopportunity.

  Guidedbyourconventionalwisdomthatopportunitiesareembeddedincrisesandthatwemustbegoodatgettingtogripswiththem,Chinaispushingthroughessentialreformsandrestructuringagainstallodds.

  BeingfullyawarethatmuchofChina'

sindustrialovercapacityisheavilyconcentratedatthelowerendofthevaluecurve,wehavetakenrestructuringoftheironandsteelsectoranimportantpartofourendeavourtocompletethedifficulttransitionofmovingChinaawayfromaninvestment-ledeconomytoaconsumer-orientedone.

  Chinaisactivelyrestructuringthesteelsectorbyeliminatingoutmodedcapacity,creatingexitstrategiesfor"

zombiecompanies"

basedonmarketrulesandencouragingpromotionofinnovation,technology,qualityandmanagementtomeetproductionsafety,energyconsumptionandenvironmentalprotectionstandards,therebyensuringaneffectivesupplyofhighqualityproducts.

  Inaddition,wehaveputinplacestrictersupervisionoverlocalauthoritiestoguardagainstexcessproductionandtendencytoprotectenterpriseswithfavourablepolicies.

  Trainingandrelocatingworkersfornewjobs

  Third,supporttrainingandrelocatingworkersfornewjobsandbusinessestominimisethenegativeimpactoftransformation.

  Likeelsewhereintheworld,pressureofglobalisationandreformandrestructuringhasitsimpactsonChinesesociety.Restructuringoftheironandsteelsectorgivesrisetoconcernsandworries.Yet,thereisacommonunderstandingthatthereispaintobetakenforchangeforthebetter.

  Thistimearound,theChinesegovernmenthastakenupmeasurestohelpredundantlabourchange

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