南海问题 杨燕怡.docx
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南海问题 杨燕怡.docx
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南海问题杨燕怡
南海问题欧盟媒体刊发中国驻欧盟使团团长杨燕怡大使南海问题署名文章
Therightapproachtoaddressingovercapacityproblems,fromaChineseperspective
ByH.E.AmbassadorYangYanyi,HeadoftheChineseMissiontotheEU
(February16,2016)
RecentweekshaveseenfurtherworryingmovesinBrussels.TheEuropeanCommissionopenednewanti-dumpinginvestigationsonsteelproductsoriginatingfromChina,andtheEuropeansteelindustryorganisedademonstrationagainstso-calledChinesedumpingontheEUmarketandthegrantingofMarketEconomyStatusforChina.
Theprotectionistsentimentisworryingandtheconfrontationalapproachisregrettableandmisleading.
Nobodyshouldbeunderanyillusion:
overcapacity,includingexcessivecapacityoftheglobalsteelsector,isoneofthemanychallengesweareallfacedwith.NotonlyhastheEuropeansteelindustrysectorbeenhardhit,ironandsteelindustriesinChinaandmanyotheremergingeconomiesarebearingthebrunt,sufferingbadlyfromexcessiveproductionandflaggingdemand.
Accordingtosomeestimates,areductionofovercapacityby30%inthoseindustrieswiththemostexcesscapacity–ironandsteel,coal,cement,shipbuilding,aluminiumandflatglass–isexpectedtoaffecttheemploymentofthreemillionworkers.
NottomentionthatChinaisalsoconfrontedwithmanyotherdauntingtasks:
liftingtheremaining70millionpeopleoutofpoverty,advancingindustrialisationtotransformChinaintoapost-industrialsociety,rebalancingtheeconomyfrominvestmentandnetexportstoconsumptionandinnovation.
Thesituationisseriousandrequiresaresponse.
Butwhatkindofresponse?
Grumble,curse,cutthegroundfromunderothers'feet,retreatintoprotectionismandbeateachother'sthroats?
Ifhistoryservesasaguide,theseareunwelcomeifnotirresponsibleresponses.Theymayhelpwithventingone'sangerandfrustrationandobtainshort-termgains,butfailtoserveone'slong-termself-interestandthecommoninterestofall.
Obviously,howtorespondtochallengesbelongstothecompetenceofeachandeverycountry.IonlywishtosharewhatwebelievetobethebestpossibleapproachandoptionandwhatChinahasbeendoingandwillcontinuetodowithregardtotheissueonhand.
Steelproductionhalted
First,digesttheproblemandnotdumpitontoother'sdoorsteps.
DevelopmentofthesteelindustryinChinaismainlytomeetitsdomesticdemand,ratherthantoexporttoothercountries.
Toeffectivelydealwiththeovercapacityproblems,Chinahastakentoughmeasurestocontrolnewcapacity.Painfulasitis,Chinahascutitssteelindustrycapacitybymorethan90milliontonsoverthepastfewyearsandinvestmentinironandsteelassetsby13%lastyearandthegrowthofChinesesteelproductionhasbasicallycometoahalt.
Tocontinuetoaddressovercapacityinaseriousandresolutemanner,Chinahasmadeeliminationofovercapacitythetoppriorityforthisyearandwillcutthesteelindustrycapacitybyanother100-150milliontons.
'Zombiecompanies'
Second,takethetacklingofovercapacityasanopportunitytoaccelerateeconomicrestructuring.
TheChinesewordfor"crises"ismadeupoftwocharacters,crisisandopportunity.
Guidedbyourconventionalwisdomthatopportunitiesareembeddedincrisesandthatwemustbegoodatgettingtogripswiththem,Chinaispushingthroughessentialreformsandrestructuringagainstallodds.
BeingfullyawarethatmuchofChina'sindustrialovercapacityisheavilyconcentratedatthelowerendofthevaluecurve,wehavetakenrestructuringoftheironandsteelsectoranimportantpartofourendeavourtocompletethedifficulttransitionofmovingChinaawayfromaninvestment-ledeconomytoaconsumer-orientedone.
Chinaisactivelyrestructuringthesteelsectorbyeliminatingoutmodedcapacity,creatingexitstrategiesfor"zombiecompanies"basedonmarketrulesandencouragingpromotionofinnovation,technology,qualityandmanagementtomeetproductionsafety,energyconsumptionandenvironmentalprotectionstandards,therebyensuringaneffectivesupplyofhighqualityproducts.
Inaddition,wehaveputinplacestrictersupervisionoverlocalauthoritiestoguardagainstexcessproductionandtendencytoprotectenterpriseswithfavourablepolicies.
Trainingandrelocatingworkersfornewjobs
Third,supporttrainingandrelocatingworkersfornewjobsandbusinessestominimisethenegativeimpactoftransformation.
Likeelsewhereintheworld,pressureofglobalisationandreformandrestructuringhasitsimpactsonChinesesociety.Restructuringoftheironandsteelsectorgivesrisetoconcernsandworries.Yet,thereisacommonunderstandingthatthereispaintobetakenforchangeforthebetter.
Thistimearound,theChinesegovernmenthastakenupmeasurestohelpredundantlabourchange
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