Industry and the Ministry of Information and the Chinese Academy of Social Sciences, Industrial Economic Research Institute will today jointly issued the "2012 China's industrial economic operation in the first half report" Chinese manufacturing output has ranked first in the world, the potential decline in growth is the trend.

　　The report noted that China in 2010 above-scale industrial added value growth of 15.7%, the growth rate reached 13.9% in 2011, expected 2012 growth rate of about 10%. Expected to be about one percentage point lower than the beginning of.

　　The report analyzes, there are 220 ​​kinds of Chinese industrial output ranked first in the world, but shrinking foreign demand, domestic demand, as well as structural problems of overcapacity plagued the development of the manufacturing sector. However, the report that, since the decline in industrial production in the second half of last year, there have been signs of "slow stabilization".

　　The report also warned that the majority of industrial products in China account for a large share of the international market, but under the impact of shrinking external demand, the multiple industry overcapacity, even new industries have not been spared.

　　According to the data provided in the report, China's steel industry overcapacity over 160 million tons, cement overcapacity over three hundred million tons of aluminum smelting industry capacity utilization of only 65%. Nitrogen fertilizer, calcium carbide, chlor-alkali, methanol, plastics (10210,60.00,0.59%) and other chemical products, copper smelting, lead and zinc smelting nonferrous metals industry, because a few years ago the excessive growth of investment, are now faced with the risk of excess. Polysilicon, wind power equipment, new materials, and new industries such tendency has emerged overcapacity.

　　The report stressed that, if not in time to guide and inhibition of these potential production overcapacity may form the reality, a longer cycle, large-scale serious overcapacity. In fact, the impact on traditional industry overcapacity has emerged. For instance, in the iron and steel industry, according to the China Steel Association statistics, from January to July, the member's iron and steel enterprises breakeven profit of only 700 million yuan, the loss of up to 33.8%.