Steady growth and investment strategy

The reason why the country to accelerate the launch heavy chemical projects, mainly in the face of downward pressure on the economy, launched these projects have a huge economic boost.Heilongjiang, for example, economic growth in the first quarter of this year, only 4.1% from the larger goal difference of about 8.5%, while the drag on its economy, the petrochemical industry output declined.

In the first quarter Daqing Oilfield Company industrial, petrochemical companies, refining the company's three straight added value of 51.01 billion yuan business, down 1.7%; the city's above-scale industrial added value of 58.7 billion yuan, down 1.6%. Because industry accounted for more than about half of the entire scale of Daqing in Heilongjiang Province, Heilongjiang which leads to the industrial and overall economic slowdown.

Another Hebei first quarter economic growth was 4.2%, less than 8% of the intended target. Guangdong this year's economic target of 8.5% in the first quarter, the actual growth rate of 7.2%. But by the impact of falling coal prices, Shanxi first quarter economic growth is only about 5.5%, and 9% of the target is not reached.It is worth mentioning that, Heilongjiang, Hebei and Shanxi in the first quarter GDP growth rate ranks last three of the country, is mainly responsible for the per capita provinces attended the June 6 meeting of the State Council, the economic forum. Premier Li Keqiang at the meeting urged all localities to ensure the realization of this year's economic and social goals.

Kinds of strategic choice to invest or when overcapacity. Professor of Beijing University of Science and Technology Mr Xu believes that the current iron and steel, petrochemicals, coal industry is overcapacity, a large number of polluting, enterprises are faced with the high cost of exit, once the new low-cost, high-tech investment to accelerate up the competitiveness of the will increase.

These views with the Hebei Provincial Party Secretary, Provincial People's Congress Chairman Zhou Benshun coincide.

His research at June 10 Handan noted adjust steel leading industry, the steel industry do not, but to excess capacity Yajian down the emissions down to a reasonable product structure adjustment, and stronger doing fine. There are the new students, that is, some companies want to change jobs, and some companies do strong industrial chain, some companies to develop recycling economy, some companies want to manage innovation, to create a low-cost competitive.

Wang Xiankui proposed in June 6, will seek the support of national policy in the Russian oil on Russian gas use, for national construction in Daqing Oil Russian gas transportation center of Russia, the part of the resources to stay in Daqing, Heilongjiang intensive processing; cf. for related fields policies to expand the business in Daqing Oilfield autonomy to carry out the pilot. On tax reform, the country should strive to establish a sustainable development reserve, etc.