China's Steel Industry Structural Optimization Analysis

Chinas steel industry is one of the backbone industries of national economy, influencing various aspects of national economy. Chinas steel industry has been developing rapidly since the early times, has made great progress and steel production has ranked the worlds first for 11 years. There are also many problems, for example industrial concentration is low and technology innovation ability is weak.China's steel industry is an important industry of national economy and an indicator economic development. China's steel has played a pivotal role in China's economic construction, social development, finance, national defense and stable employment, etc. With the rapid development of economy, Chinas current steel industry structure appeared many deficiencies, which does not adapt to present economic development. China's steel industry is resource-intensive industry with far impact on all aspects of national economy. The problems of China's steel development are urgent to be solved through strengthening overall coordination and guidance to develop the right China's steel industry policy and goals to promote healthy and orderly development. Therefore, research on our country steel industry structure optimization has a practical significance.This paper expounds on the theory of industrial structure and structure optimization, analyzing the American and Japanese steel industry structural features and optimization cases, analyzing the advantages and disadvantages under international comparison, summarizing the structural optimizations necessity and goals. Compare steel industry structure before the economic crisis to after the economic crisis longitudinally and analyze Chinas steel industry structural features.