Research On The “De-capacity” Of Iron And Steel In Hebei Province Under The Background Of Supply-side Structural Reform

At present,China’s economic operation has undergone a transition from "three-phase superposition" to "new normal".In response to the main contradictions under the new normal of economic operation,China has proposed countermeasures for supply-side structural reforms.Among the five specific tasks of "replenishment","de-capacity" is the top priority of structural reform on the supply side.As a pillar industry in Hebei Province,iron and steel has achieved good results in recent years.The task has been exceeded,but with the completion of the task,a series of more difficult problems than "capacity reduction" have arisen.To resolve these problems,the "one-size-fits-all" measure of "de-capacity" is no longer effective,and the problems facing the steel industry in Hebei Province are also more complicated.This article takes Hebei Province ’s iron and steel industry as the research object in the context of supply-side structural reforms,and focuses on the follow-up issues arising from “de-capacity”.It uses literature analysis,a combination of theory and practice,and quantitative and qualitative phases.Combined research methods,based on Marxist social capital reproduction theory,social division of labor theory,capitalist production cycle and economic crisis theory,summarizes the achievements made in the process of "de-capacity" of the iron and steel industry in Hebei Province,and focuses on the analysis of iron and steel in Hebei Province The plight of the industry in "de-capacity" and analysis of the actual reasons.At the same time,by comparing and drawing on the typical experience of the domestic and foreign steel industry in solving the problems in "de-capacity",combined with the actual situation of our province,we put forward reasonable suggestions for Hebei Province to resolve a series of follow-up problems and achieve structural adjustment and long-term stable economic development.This article contains the following six parts:The first part of the introduction mainly includes the purpose and significance of the thesis research,research ideas and research methods,and a review of current research status at home and abroad.The second part defines the related concepts ofovercapacity,supply-side structural reform,and other aspects of Marxist social capital reproduction,society,and society.Theories on division of labor,cyclical production of capitalism,and economic crisis are explained to lay a theoretical foundation for the study of "capacity" in the steel industry in Hebei Province;the third part summarizes the current status of the development of the steel industry in Hebei Province,The starting point of this policy is to analyze the practice process of Hebei’s "de-capacity" in recent years,and to analyze and summarize its effectiveness from the perspectives of capacity,industry,environmental protection and employment;the fourth part focuses on the analysis of "de-capacity" in Hebei steel industry Face a series of difficulties.It mainly includes the following four aspects: the output is still increasing behind the "de-capacity",the company is facing financial debt problems,the difficulties of subsequent staff placement and "garden-style" pollution;the fifth part analyzes the typical cases of "de-capacity" in the domestic and foreign steel industry,Focus on the research of the methods and characteristics of the measures taken to solve the problem of "de-capacity",and explore the experience and inspiration of the development of the steel industry in Hebei Province;The sixth part focuses on the Hebei Province from the four dimensions of government,enterprise,individual and society Suggestions for the iron and steel industry to solve the problems arising from "de-capacity".That is,the government should handle the relationship with the market and give full play to the combined role of the government and the market;attach importance to structural adjustment and improve the ability of independent innovation;actively resolve debt risks;divert employees to establish re-employment confidence,etc.,in order to consolidate Hebei’s "de-capacity" The results will promote sustainable economic development in Hebei Province.