Xinhua news agency quoted the day before insiders estimate that Chinese iron and steel industry to production may result in 400 thousand people unemployed, said the government will establish a fund to help the unemployed re employment. Two weeks ago, the Xinhua news agency quoted CICC research said that the next two or three years, such as the production of iron and steel industry is the most serious loss of production of up to 30%, will result in layoffs of 3 million people, the impact on the unemployment rate is very small.
According to Xinhua News Agency website 25 reported that Li Xinchuang, President of China Metallurgical Industry Planning and Research Institute is expected to cut the steel industry may cause unemployment of the workers, the upstream and downstream industries will have more practitioners affected by the impact of the 400 thousand. He said: "the massive layoffs in the steel industry could threaten social stability."
The report did not indicate when Li Xinchuang made the prediction, but at the mention of the iron and steel industry production has been first mentioned on Sunday, the State Council issued 1-1.5 million tons of crude steel production announcement, the announcement is expected a large number of coal workers will be subject to future cut production effects, and that has 1 days this month launched the "industrial restructuring fund", according to the raising from the national electricity factory. The report also mentioned that the broker Shen Hong Yuan is expected, the fund can collect funds of RMB 46 billion 800 million yuan per year.
Earlier media reports, the State Council executive meeting last week, the elimination of backward production capacity of about 90000000 tons of steel in recent years, Yajian crude steel production capacity of 100 million tons of -1.5, strict control of new capacity, and puts forward the principle to stop new technological transformation and production capacity increasing nuclear project approval of new coal mine. Production capacity is one of the five major tasks identified by the central economic conference at the end of last year.
Vigorously promote structural reforms in the central, to production capacity, the occasion of the disposal of zombie companies, China's official media recently more than once to discuss the issue of layoffs. Two weeks ago, the Xinhua news agency quoted CICC as saying that the impact of overcapacity on the unemployment rate was "very small"". It is expected that the next 2 to 3 years, if the most serious overcapacity in the industry - iron and steel, coal mining, cement, shipbuilding, aluminum and flat glass production cut by 30%, will result in layoffs of up to 3 million people. Equivalent to 0.3% of urban employment, a slight push up the unemployment rate.
At the same time, "people's Daily" also published the "do not let zombie companies blocked the road," the observation of the article. The article explains why zombie companies stiff and immortality, but also said that in case of laid-off shunt really spread to the head of the zombie enterprise employees, do not have too much pressure and burden. Today's employment situation, social security and national financial resources have made great progress, fully able to properly cope with the throes of economic restructuring. As long as the efforts to enhance the self, always find a proficiency in a particular line, suitable for the job. Xinhua news agency quoted the day before insiders estimate that Chinese iron and steel industry to production may result in 400 thousand people unemployed, said the government will establish a fund to help the unemployed re employment. Two weeks ago, the Xinhua news agency quoted CICC research said that the next two or three years, such as the production of iron and steel industry is the most serious loss of production of up to 30%, will result in layoffs of 3 million people, the impact on the unemployment rate is very small.
According to Xinhua News Agency website 25 reported that Li Xinchuang, President of China Metallurgical Industry Planning and Research Institute is expected to cut the steel industry may cause unemployment of the workers, the upstream and downstream industries will have more practitioners affected by the impact of the 400 thousand. He said: "the massive layoffs in the steel industry could threaten social stability."
The report did not indicate when Li Xinchuang made the prediction, but at the mention of the iron and steel industry production has been first mentioned on Sunday, the State Council issued 1-1.5 million tons of crude steel production announcement, the announcement is expected a large number of coal workers will be subject to future cut production effects, and that has 1 days this month launched the "industrial restructuring fund", according to the raising from the national electricity factory. The report also mentioned that the broker Shen Hong Yuan is expected, the fund can collect funds of RMB 46 billion 800 million yuan per year.
Earlier media reports, the State Council executive meeting last week, the elimination of backward production capacity of about 90000000 tons of steel in recent years, Yajian crude steel production capacity of 100 million tons of -1.5, strict control of new capacity, and puts forward the principle to stop new technological transformation and production capacity increasing nuclear project approval of new coal mine. Production capacity is one of the five major tasks identified by the central economic conference at the end of last year. Vigorously promote structural reforms in the central, to production capacity, the occasion of the disposal of zombie companies, China's official media recently more than once to discuss the issue of layoffs. Two weeks ago, the Xinhua news agency quoted CICC as saying that the impact of overcapacity on the unemployment rate was "very small"". It is expected that the next 2 to 3 years, if the most serious overcapacity in the industry - iron and steel, coal mining, cement, shipbuilding, aluminum and flat glass production cut by 30%, will result in layoffs of up to 3 million people. Equivalent to 0.3% of urban employment, a slight push up the unemployment rate. At the same time, "people's Daily" also published the "do not let zombie companies blocked the road," the observation of the article. The article explains why zombie companies stiff and immortality, but also said that in case of laid-off shunt really spread to the head of the zombie enterprise employees, do not have too much pressure and burden. Today's employment situation, social security and national financial resources have made great progress, fully able to properly cope with the throes of economic restructuring. As long as the efforts to enhance the self, always find a proficiency in a particular line, suitable for the job.
Source: NetEase news
