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"However, due to the structural adjustment, it will take some time, especially the lack of demand in the international market. This is not a short-term compensation. Therefore, we must conscientiously maintain the stability of the policy and maintain further support for the industry."
Qin Qin gave a series of supporting data. In terms of profits, 9 of the 12 major industrial sectors showed a downward trend in profits year-on-year. Among them, the color and the electronics industry's land flow declined the most.
From the perspective of production capacity, the contradiction of overcapacity in the near future is more prominent. The annual production capacity of the automotive industry has reached 12 million, while the actual demand is about 9.5 million. In addition, in the first two months of this year, the output of 10 non-ferrous metals decreased by 9.5% year-on-year.
Qin Qinjian revealed that it is necessary to cultivate and develop large enterprises with international competitiveness through mergers and acquisitions. At present, the planning and implementation work is being actively promoted, and some detailed guidance has been formulated, and various policies are being gradually implemented.
When talking about the difficulty of financing for SMEs, Qin Qin said that the corporate funding gap has further expanded. In recent months, industrial enterprises' finished goods inventory and accounts receivable have increased, and liquidity is insufficient. In particular, the financing difficulties of SMEs have still not been fundamentally resolved.
He stressed that it is necessary to improve the financing guarantee system and increase the scale of loans. The Ministry of Industry and Information Technology encourages enterprises to list on the GEM and improve the credit guarantee system for SMEs. The central government has added a 1 billion yuan risk compensation fund to promote the provincial government to speed up the establishment of city and county re-guarantee institutions, and strive to secure loans for SMEs of 600 billion.
Deputy Minister of the Ministry of Industry and Information Technology: 3/4 industry profits are falling, the industrial situation is still grim
At the first China International Capital and Industry Forum on April 22, Vice Minister of Industry and Information Technology, Qin Qinyu, spoke frankly about "the situation that the industry is facing is still very serious" when talking about the current economic situation. Qin Qin believes that from the data of March, the economy has initially reversed the momentum of excessive decline, and some industries and regions have begun to develop in a good direction. He pointed out in particular the signs of a good turn in the steel industry.