Research The Governance Of Overcapacity In China

Following the market in resource allocation whose fundamental effect continued to deepen, Chinese industrial areas by command economy period of product shortage evolved for overcapacity, and spread from the field of consumer goods production in the field of investment goods production, product market ended the shortage supply situation, began to encounter insufficient effective demand constraint. General market economic theory suggests that moderate surplus is normal market, though competition law of survival of the fittest, which can make the social average profit margin function, make the market play a decisive role in resource allocation. However, the current our country excessive overcapacity, absolute surplus and excess administrative conflicts emerge in endlessly, regulating economic weakness and administrative intervention gradually strong neck and neck, cyclical overcapacity, structural overcapacity, institutional overcapacity and absolute overcapacity coexist, overcapacity problem has become a hinder the economic sustainable and healthy development of our country’s ills.Since entering the new century, guard against and dissolve excess capacity has been with the relevant state ministries and commissions under the state council for industrial structure adjustment of top priority, but still failed to effectively relieve excess capacity problems in the socialist market economy of our country. In the post reform era, the new normal under our country’s economy is in the transition of the three period superposition, excess capacity contradictions of further expansion of the scope and degree, from the traditional manufacturing industry, heavy industry to some emerging industry overcapacity has a comprehensive, long-term, the trend of stubborn sex, is an urgent need to establish a sound long-term mechanism of the governance of overcapacity, deepening excess capacity management system and modernization of management ability, has become the general consensus of academic circles and government departments.Researches have shown that under the condition of market economy degree of excess production capacity is the inevitable result of free contention and the derivative of the market economy. In academic research at home and abroad to continuously enrich the connotation of the excess capacity, also deepen the understanding of excess production capacity, better identification of excess production capacity and redundant construction, excessive investment, excessive competition and related concepts associated evolution. In the interpretation of different excess economic theory, comments, derive the diagnosis theory resource of the excess capacity contradictions of our country, in order to form a scientific judgment on. And on the basis of in-depth investigation the reform and opening-up, China’s overcapacity problem of the historical evolution and governance policy performance, clarify the wave characteristics and evolution characteristics of excess capacity contradictions, to better analyze the formation mechanism of the current excess capacity. Respectively from the transformation of governance, the local government competition, characteristics of capabilities and structure in the world market, deeply analyzes the general mechanism of different capacity. Overcapacity in main developed countries around the world an analysis on the management experience and lesson puting forward the five strategies of excess capacity management in new period from the micro perspective of macro economic problems and micro economic problems of the macro perspective.