What are the industries with overcapacity in China?

At present, steel, cement, flat glass, coal chemical industry, polysilicon and wind power equipment all belong to overcapacity industries; And the clothing industry. It is said that the national garment manufacturers stopped production, which was enough for China/KLOC to sell in 0/5 years. There are also signs of overcapacity in industries such as electrolytic aluminum, soybean crushing and shipbuilding. In fact, most industries in China are now in a state of fierce competition and meager profits.

Overcapacity? Capacity refers to the ability to produce products, so overcapacity is relative: 1, and overcapacity is the overcapacity of a specific product. 2. Overcapacity is the overcapacity in a specific period. 3. Overcapacity is caused by the imbalance of supply and demand structure. According to the principle that production capacity is not equal to product and overcapacity is not equal to product surplus, the problem of overcapacity cannot be solved only by destocking. To solve the problem of overcapacity is to confuse production capacity with products only by destocking. There are two ways to solve overcapacity: one is to reduce productivity, and the other is to increase social demand for overcapacity products. For enterprises that have formed production capacity, they are generally high-quality enterprises. Enterprises that can't operate normally due to overcapacity can't be regarded as "zombie enterprises", while enterprises that can't operate normally due to overcapacity can be regarded as "zombie enterprises", and all of them will be dismantled in the name of de-capacity, which will cause waste of social resources. At the same time, according to the relativity principle of overcapacity, as long as the society increases the demand for related products and solves the structural imbalance between supply and demand, overcapacity can be solved. Therefore, the fundamental solution to overcapacity is neither destocking nor de-capacity, but increasing the demand of society, that is, we are talking about using increments to resolve the stock.

Production capacity is the sum of existing production capacity, production capacity under construction and planned production capacity, and the sum of production capacity is greater than the sum of consumption capacity, which can be called overcapacity. Luo Bingsheng, Secretary-General of China Iron and Steel Industry Association, took the iron and steel industry as an example to refute this. In his view, the number of equipment cannot be simply added up, so it is called capacity, because the steel industry is a multi-process continuous operation, with many supporting facilities, and all comprehensive conditions can be met before production can be realized. In addition, from the world situation, due to market changes, when the product structure is adjusted, the production capacity is around 85%, which is normal and cannot be called overcapacity. Whether the production capacity is surplus or not depends not only on the production capacity and possible total supply, but also on the demand.