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| Author: | Shi, Xiaohong |
| Title: | Comment on the policies of China's iron and steel industry (original in Chinese) |
| Journal: | Economic Management (c)
1999 : 1, p.46-47 |
| Index terms: | STEEL INDUSTRY INDUSTRIAL POLICY CHINA |
| Language: | chn |
| Abstract: | The existing policy problems in China's iron and steel industry: 1. In terms of financing policy, the investment tends to be small and diversified and investment effectiveness is low; investment for the development of science and technology is deficient. 2. In terms of technological progress, the capacity utilization rate remains low; digestion, assimilation and innovation of advanced technology introduced from foreign countries have not been paid enough attention; the rate of large-sized equipment domestically produced still remains low. 3. In terms of industrial organization structure, we are short of very large business conglomerate with international competitiveness; the proportion of small, medium and large enterprises cannot satisfy the market competition. The author presents the suggested strategies. |
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