Six Changes in the Next 10 Years Result in Slowing Industrial Growth

Lv Zheng, member of the State "12th Five-Year" Economic Development Planning Expert Committee, pointed out at the Xi'an Blue Lawn Forum on May 28 that six changes in development in the past 10 years have made it impossible to maintain the last 10 years of industry in the next 10 years. The growth rate.

Lu Zheng said that the six major changes are as follows: First, the contradiction between insufficient supply of resource products has become increasingly prominent. It is difficult for China's energy to support the rapid growth of China's economy, especially heavy chemical industry; Second, the relationship between labor supply and demand has also changed, China is no longer A country with an unlimited supply of labor; three are market supply and demand relations. At present, apart from resource products, that is, except coal, oil, and electricity, most manufacturing industries have excess production capacity, and market relations that exceed supply demand have determined It is difficult for industry to maintain a rapid growth of more than 15%. Fourth, the rising cost of corporate social responsibility. Fifth, changes in international trade conditions. Affected by world market demand. Although last year and this year witnessed recovery growth, but from the trend It is difficult to maintain a growth rate of more than 20% for imports and exports. Sixth, inflationary pressures are increasing. Under a moderately tight policy, the degree of loosening of loans for enterprises and local governments has changed significantly over the past two years.

Lu Zheng pointed out that while economic growth is slowing down, there are eight areas that need attention. First, when the speed has dropped, we must shift the mode of economic growth from blindly expanding the scale to improving efficiency. Second, we must use advanced manufacturing as the basis for social and economic development. Third, we must correctly handle the upgrading of labor-intensive industries and technology industries. The fourth is the shift in the direction of investment in fixed assets. After the financial crisis, China’s fixed asset investment will focus on the construction of railways, highways, and airports. The proportion of existing enterprises used in transformation will be low. In the future, it will need to increase the number of existing enterprises. Technical transformation; Fifth, continue to save energy and reduce emissions; Sixthly, the regional economic structure needs to be adjusted. Now the structure of economic development in all regions has converged. In order for each region to gain competitiveness, it is necessary to choose differentiated and distinctive industries. The advantage is transformed into a competitive advantage. Seventh, the strategic adjustment of the state-owned economy needs to open up one aspect and allow the private economy to enter. Eighth, optimizing the layout of the productive forces reduces the cost of logistics.

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