ANALYSIS OF OVERCAPACITY IN CHINA’S STEEL INDUSTRY
Journal Title: Topics in Economics, Business and Management (EBM) - Year 2018, Vol 2, Issue 1
Abstract
The iron and steel industry is an important basic industry of the national economy, a supporting industry for industrialization, a technology, capital, resource, and energy-intensive industry. It plays a decisive role in the entire national economy. China is the world’s largest steel producer and has been trapped in the predicament of overcapacity in steel production in recent years. China’s main solutions to overcapacity of steel production are export and reduction of production capacity. The two solutions, on the other hand, are faced with barriers to restricting exports and maintaining social stability. Resolving various difficulties to solve the problem of surplus steel energy is an important task for us to maintain the stability of the steel industry and promote economic growth
Authors and Affiliations
Zhao Haichao
Keywords
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- EP ID EP411990
- DOI 10.26480/icefs.01.2018.95.96
- Views 71
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