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This winter seems to be colder than before because of the com- ing of “overcapacity”. National Development and Reform Com- mission announced that overcapacity exists in at least 11 sectors. Although there are some disagreements among scholars, they all admit the following fact: in these 11 industries, supply exceeds demand, price keeps decreasing while cost keeps going up, compe- tition becomes more intense, more and more enterprises begin loos- ing money and even bankrupt. As an analyst said, the real strong enterprises never fear competition, let alone the so-called “overcapacity”. Competition only makes the strong stronger, the weak out of the game. Exclusive Report explores four sectors where overcapacity is obviously serious: mobile, auto, steel and electrolytic aluminum. The report seems to prove the rule: business world is the battlefield of the strong and the grave of the weak.
This winter seems to be colder than before because of the com- ing of “overcapacity ”. National Development and Reform Com- mission announced that overcapacity exists in at least 11 sectors. Although there are some disagreements among scholars, they all admit the following fact: in these 11 industries, supply exceeds demand, price keeps decreasing while cost keeps going up, compe- tition becomes more intense, more and more enterprises begin loos- ing money and even bankrupt. As an analyst said, the real strong enterprises never fear competition, let alone the so-called “overcapacity ”. Competition only makes the strong stronger, the weak out of the game. Exclusive Report explores four sectors where overcapacity is obviously serious: mobile, auto, steel and electrolytic aluminum. The report seems to prove the rule: business world is the battlefield of the strong and the grave of the weak.