Abstract Xiong Bilin, inspector of the Industry Coordination Department of the National Development and Reform Commission, said today that China's steel, cement, flat glass and other industries are generally performing well, and the effects of key industry adjustment and revitalization planning policies and measures have gradually emerged. Xiong Bilin is in the National Development and Reform Commission and other departments...

Xiong Bilin, inspector of the Industry Coordination Department of the National Development and Reform Commission, said today that the overall situation of China's steel, cement, flat glass and other industries is improving, and the effects of key industry adjustment and revitalization planning policies and measures have gradually emerged.
Xiong Bilin said at the information conference jointly held by the National Development and Reform Commission and other departments in Beijing that China's steel industry has basically reversed the momentum of sharp decline in demand caused by the international financial crisis, and the efficiency of enterprises has turned from deficit to profit. From January to October, China's cumulative production of crude steel reached 472 million tons, a year-on-year increase of 10.5%, while global crude steel output during the same period was 982 million tons, down 13.5% year-on-year. The economic benefits of 70 key large and medium-sized iron and steel enterprises improved, with a cumulative profit of 37.585 billion yuan from January to October.
It is reported that in order to meet the needs of national key engineering steels such as the West-East Gas Pipeline, high-speed railway and large-scale power stations, relevant enterprises have increased scientific and technological research efforts, anti-corrosion and anti-deformation pipeline steel, high-speed railway rails, EMU wheels and low magnetic induction. Key steel products such as iron loss oriented silicon steel products are expected to be localized in the near future.
Xiong Bilin said that these positive signs are achieved in the context of the continued sluggish international steel market, blocked steel exports, import shocks and more market instability. This shows that the strategic deployment of the Party Central Committee and the State Council to cope with the international financial crisis is timely. The policy of tackling the root causes of the key industries adjustment and revitalization plan and the combination of far and near policies are correct, and measures to maintain growth, expand domestic demand, and adjust the structure are effective.
Xiong Bilin also said that China's economy is currently in a critical period of stabilization and recovery. While maintaining growth, structural adjustment must be placed in a more prominent position.
According to reports, the National Development and Reform Commission and relevant departments will promptly revise and issue the "Industrial Structure Adjustment Guidance Catalogue" as soon as possible, and guide the adjustment of industrial structure from the perspective of macroeconomic policies.
At the same time, the approval management of steel, cement and flat glass projects will be further strengthened. It is no longer approved and supported for steel projects that simply build new capacity or expand capacity. It is strictly forbidden to use the same name to eliminate backward production capacity, avoid the supervision and approval of the national environmental protection, land and investment authorities, and build steel projects on their own. Seriously do a good job in cleaning up cement and flat glass construction projects.

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