Xinhua News Agency report quoted the CICC report, the next 2-3 years, if the most serious overcapacity in the industry to cut 30 percent, 300 million people will cause layoffs. These industries include: iron and steel, coal mining, cement, shipbuilding, aluminum and plate glass.
According to the 1998 experience, after 21 million laid-off workers have more than 1300 people re-employed, more than 100 people to get inside the place, accounting for about one-third of the remaining unemployed. According to this proportion, 30 percent above the five industries cut could bring one million unemployed, representing 0.3% of urban employment, the unemployment rate rose slightly. In this regard the need to increase financial transfer payments.
January 7, Chinese Premier Li Keqiang said that coal is an important basic iron and steel industry, courage ton output capacity to resolve excess capacity. Increased fiscal support, the central and local give grants funds for staffing. Chaired the coal industry to resolve when the steel overcapacity work of the forum mentioned as cultivate new momentum, the development of new formats on the 4th in Taiyuan. This creates a lot of jobs, but also for creating the conditions to resolve the overcapacity.
Late last month, deputy director of the Central Financial Work Leading Group Office of Yang Weimin also believes that the capacity does not appear to mass layoffs. Structural reforms to solve the core problem is corrected three levels allocative distortions. “Macroeconomic policy to be stable,” “industrial policy should be stable,” and other five policy is to promote the general idea of ​​supply-side structural reforms, the implementation of supply-side structural reforms to boost domestic demand is not a negative, not rely on a file to implement the program, resolve excess capacity will inevitably There pains fallback policy to protect the “two basic”, will not appear laid-off large-scale problems.
China Bureau of Statistics survey unemployment rate this year will be officially released statistics, business is not easy in view of layoffs and the transfer of migrant workers return home for urban employment will continue to form the buffer, the unemployment rate may continue to show steady.
In this regard the need to increase financial transfer payments, due to overcapacity regional imbalances in the distribution industry, some areas face greater pressure to superiors give more financial support.