Thursday, August 8, 2013

"Extraordinary" investment impulse

From the point of view of the provinces for the second half of the recent economic work deployment, investment once again become the main part of the steady growth of local government. Relevant personage warns, it is necessary to prevent excessive "visible hand" of local government intervention in micro economy.

Since this year, in order to to promote economic growth, investment in some local governments for various "extraordinary" API 5L ERW Steel Pipe manufacturer investment plan, and even the merchants of the tasks to be achieved and examination appointment of cadres, part of the investment to grassroots cadres into the "hungry". City of anhui province in March this year to carry out investment promotion and capital introduction "one hundred - day race" crucial "one hundred days" "one hundred - day sprint" action, action, the city four leadership to ensure that more than one third of time and energy for investment promotion and capital introduction, investment unit principal responsible person to ensure l / 2 or more time and energy for investment promotion and capital introduction. A city of Shanxi Province of districts in the city's investment promotion and capital introduction contract project according to the monthly rank.

In may this year, lanzhou publish relevant measures, in addition to the force majeure factors, investment promotion and capital introduction unfinished task of cadres, to give processing or DangZhengJi 3D eblow Carbon Steel pipe fittings disciplinary action. A central provinces cities, the first five months of the year industrial investment growth has fallen sharply. This year, according to the city's hair change bureau, the city put forward "national catch merchants", set up 10 industrial investment promotion bureau and 59 investment team, and is introducing the responsibility target examination and Suggestions on promoting investment growth, two special files.

The expert thinks, the more under pressure from the economic downturn, the more prone to intervene in the market of local SCH80 Seamless Steel Pipe ASME B36.10M government. Especially under the state council recently cancelled and dense down a group of administrative approval items, stepped up efforts to implement and decentralization, to prevent local governments more concentrated release long repressed impulses of examination and approval, new redundant construction and overcapacity risk, suggest the standard government behavior from the system. First of all, set up the mechanism of economic decision-making responsibility shall be investigated for life. Second, cancel the investment promotion and capital introduction pegged to the cadre accountability and employment mechanism. Third, revitalize the stock investment, and help enterprises to improve management efficiency.

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