On April 27, the Department of Economy and Information Technology of Zhejiang Province issued the Notice on the Detailed Rules for the Implementation of Capacity Replacement in Some Industries with Serious Overcapacity in Zhejiang Province. The replacement ratio of withdrawal capacity and construction capacity of general cement clinker is not less than 2:1, which will be implemented from June 1, 2023.
On April 27, the Department of Economy and Information Technology of Zhejiang Province issued the Notice on the Detailed Rules for the Implementation of Capacity Replacement in Some Industries with Serious Overcapacity in Zhejiang Province. The replacement ratio of withdrawal capacity and construction capacity of general cement clinker is not less than 2:1, which will be implemented from June 1, 2023.
The notice is as follows:
[Interpretation of One Picture] | Detailed Rules for
On April 27, the Department of Economy and Information Technology of Zhejiang Province issued the Notice on the Detailed Rules for the Implementation of Capacity Replacement in Some Industries with Serious Overcapacity in Zhejiang Province. The replacement ratio of withdrawal capacity and construction capacity of general cement clinker is not less than 2:1, which will be implemented from June 1, 2023.
2023-04-28 10:02:57
CEMPI
100.41
+0.83 +0.83%
CONCPI
86.65
-0.03 -0.03%
CLKPI
102.88
+1.32 +1.30%
SPPI
41.98
+0.35 +0.84%
MORPI
71.83
0.00 0.00%
For enterprises, the most direct change is that selling below cost has changed from an industry initiative to a legal constraint. In the past, when the association issued a proposal to resist low prices, there was no coercive force; now that there are cost surveys and price inspections, enterprises that take the lead in low prices have to face actual law enforcement.
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