The Research on the Effect of Reducing Excessive Industrial Capacity of State-owned Iron and Steel Enterprises in Yunnan Province
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Keyi Zhao, Yi Li
The low industrial concentration and production overcapacity is always the problem in the development of iron and steel industry in Yunnan Province. Especially in the state-owned iron and steel enterprises, it reveals as a periodical and institutional excess. After four years, the state-owned iron and steel enterprises in Yunnan Province will gradually complete the task of removing excess low-end production capacity, and turn losses into profits. This outcome is gained by setting up a co-development framework for the iron and steel industry and non-steel industry. This paper studies on the actual operation data of state-owned iron and steel enterprises in Yunnan Province; sorts out the implementation effect of various production overcapacity reducing measures. By analysing all these data and measures, hopefully it will provide some references for the enterprises with production overcapacity problems to adjust and improve the measures in the future.
Excessive Industrial Capacity, State-owned Enterprises, Iron and Steel