13th Five-Year Plan or Except Industrial Structure Content

What kinds of cars are built and what kinds of boats are built? Should these governments have to manage?

The answer in the future may be negative.

“Don’t worry about the company’s own business.” Jiang Feitao, deputy director of the Institute of Industry and Investment Research at the Chinese Academy of Social Sciences, told the 21st Century Business Herald reporter.

According to his opinion, foreign industrial policies basically do not directly interfere with the contents of enterprises. China's industrial policies stipulate very detailed details on corporate loans, technologies, and even how large stoves are used. This basically directly interferes with corporate affairs. This, to a large extent, has caused the overcapacity in the industrial sector to become heavier and heavier.

According to understanding, on May 17 national ministries and commissions held seminars on the formulation of the “Thirteenth Five-Year Plan,” and many experts suggested that in the “Thirteenth Five-Year Plan”, the content of structural adjustment be removed, because these are all microscopic The behavior of the state should be in charge of macro affairs.

The National Development and Reform Commission has started the preparation of a new "13th Five-Year Plan". According to Xu Lin, director of the Planning Division of the Committee, the “Thirteenth Five-Year Plan” should consider how to better handle the relationship between the government and the market. In the competitive field, it may be necessary to make fewer plans or even not plan, because those areas are mainly market players who play a role through market competition, and the government's planning does not necessarily work. If the intervention is overdone, planning will be offside.

"Thirteenth Five-Year Plan" or Content Adjustment of Industrial Structure

In the industrial fields of the national "Eleventh Five-Year" and "Twelfth Five-Year Plan", structural adjustment is the core content.

For example, the central content of the “Eleventh Five-Year Plan” industry is to promote the optimization and upgrading of industrial structure. This includes accelerating the development of high-tech industries, invigorating the equipment manufacturing industry, optimizing the development of the energy industry, adjusting the structure and layout of the raw material industry, and raising the level of the textile industry. .

The “Twelfth Five-Year Plan” is similar, and the “Twelfth Five-Year Plan” proposes that the core of the industrial sector is to implement transformation and upgrading and improve the core competitiveness of the industry. This includes transforming and upgrading the manufacturing industry, fostering the development of strategic emerging industries, and so on. It calls for "developing a modern industrial system with optimized structure, advanced technology, clean and safe, high added value, and strong ability to absorb employment."

The development of various industries is also very detailed. For example, the shipbuilding industry should adapt to the new international shipbuilding standards, establish a modern shipbuilding model, develop high-tech and high-value-added ships and supporting equipment, and the auto industry must strengthen the research and development capabilities of the entire vehicle.

However, according to the requirements of the Third Plenary Session of the 18th CPC Central Committee, the content of these structural adjustments in the “Thirteenth Five-Year Plan” should be removed. The reason is structural adjustment. This is an enterprise's own business.

Liu Wei, vice president of Peking University, pointed out at the second session of the Civil Development "City Development Forum" that the government is mainly macro-management, microscopic things, that is, resource allocation, such as vendor behavior, how to price, including how to establish the industrial structure. The problem is mainly the formation of market competition, rather than the government's policies in advance.

The 21st Century Business Herald reporter learned that the current policy of the state to intervene in industrial restructuring has, in a large sense, led to serious overcapacity in the industrial sector. In the past few years, the state issued a decision to speed up the cultivation and development of strategic emerging industries. The results are defined as the seven major industries of strategic emerging industries, the current capacity utilization rate is generally less than 50%, compared with 70%-80% of the traditional industries such as steel. The utilization rate is still low.

Industrial policy will change

If the national “Thirteenth Five-Year Plan” removes the content of industrial restructuring, this involves the issue of changing industrial policies.

Corresponding to the national five-year plan, the industrial policies of various industries have been very detailed in terms of production, technology, scale, and concentration. In addition, the Industrial Guidance Catalogue has even provided detailed explanations for the encouragement, restriction, and elimination of various industries. These will require thorough changes in the future.

Jiang Feitao pointed out that the industry guidance catalogue may be cancelled in the future. Afterwards, industrial policies can be used to create negative lists. That is, lists such as prohibitions and restrictions are announced, but they should not be enlarged. At the other extreme, industrial policy should focus more on environmental protection, climate change, and the protection of labor rights. In addition, we should do a good job in the innovation environment and ecology.

"The government does not engage in the examination and approval, but rather does a good job of maintaining the market order. It is not like the past that "supported the large and small," making the company have a tendency to strongly overcapacity investment and scale expansion." He said.

Chen Bolin, deputy director of the China Cement Association’s Information and Media Center, pointed out that in the past, the industrial policy was very detailed and practical. “At present, most of the approval authority has been decentralized. How to do a good job of supervision and regulation in the future in the case of reducing approvals is indeed a problem. How to determine industrial policies? We must study.”

Previously, the investment catalogues in various regions were being converted to negative lists. The documents of the Third Plenary Session of the 18th CPC Central Committee also stressed that, based on the establishment of negative lists, all types of market players can enter the list beyond the list by law. Explore the mode of management of foreign investment before the implementation of pre-admission national treatment plus negative list. Vice President Liu Wei of Peking University believes that the government should focus on macroeconomics. Under the macro-oriented conditions, the two basic quantities of macro-quantity, ie total supply and total demand, the government expects more to intervene in the total supply and not to interfere with the total demand.