southwest China has issued the "Opinions on the Implementation of Promoting the Steady Growth of Building Materials Industry, Promoting Transformation and Increasing Benefits (Draft for Opinions)", which is quite comprehensive and familiar with many of them.
The Draft for Soliciting Opinions proposes to support superior enterprises to build a platform for capacity integration, explore the establishment of a special fund for reducing excess capacity in the cement industry, integrate property rights or management rights of enterprises by market-oriented means, reduce and withdraw excess capacity and inefficient capacity, and improve production concentration.
As early as May 2016, the State Office issued the Guiding Opinions on Promoting the Steady Growth of Building Materials Industry, Adjusting Structure and Increasing Benefits. In the document of the State Office, it is proposed to explore the joint establishment of special funds for industrial restructuring by large-scale backbone cement enterprises and flat glass enterprises in accordance with the principle of who benefits and who pays, which is dedicated to rewarding and subsidizing the production capacity of voluntary withdrawal. In the special interpretation of the document by the competent authorities, it was pointed out that large-scale backbone cement and flat glass enterprises should jointly set up special funds for industrial restructuring according to the principle of who benefits and who pays, which should be used to reward and compensate the production capacity of voluntary withdrawal and to resettle the employees of enterprises. Specific charging standards and fund management measures shall be formulated by local enterprises under the guidance of provincial governments.
That is to say, as early as eight years ago, the state made it clear that provincial governments should explore the joint establishment of special funds for industrial restructuring by large backbone cement enterprises and flat glass enterprises in accordance with the principle of who benefits and who pays, and formulate specific fee standards and fund management measures accordingly.
By 2024, the local government is still planning to issue opinions to explore the establishment of a special fund to reduce the excess capacity of the cement industry. Curious to ask, when can we explore and establish relevant methods?
But then again, it is not fair to say that the province alone, because no place seems to have explored ways to set up a special fund to reduce excess capacity in the cement industry.
