The glass industry is deeply affected by national macroeconomic policies
2024-02-05
To date, most of the glass enterprises have seen, the national macroeconomic policy on the future of glass production enterprises have a life-threatening role, some production enterprises are seeking opportunities to continue to transform and upgrade. So what is the tone of the future of China's economy? Our glass industry road there in the where?
The Political Bureau of the CPC Central Committee held a meeting yesterday, the meeting analyzed and studied the economic situation in the first half of the year and the second half of the economic work. The meeting decided that the Fourth Plenary Session of the 18th Central Committee will be held in October, the Central Political Bureau meeting set the tone of the second half of the economy.
The meeting emphasized that China's reform has entered a period of attack and deep water. The Central Politburo meeting proposed to maintain a certain economic growth rate, plus the directional control, adhere to the steady progress, reform and innovation to activate the market remains the main tone of the economic work in the second half of the year. The high-level meeting will be released intensively after the second half of the economy is set.
We can see from this, the country's main tone of the second half of the economy is still stable growth, there is no over-emphasis on the pull of the economy. It is understood that in 2013, the construction industry accounted for 7% of the national GDP income, while the contribution of real estate to the national GDP is about 20%, there is an over-reliance on real estate for economic growth. China's economy at the crossroads has chosen to maintain a certain growth rate and targeted regulation, which also reflects the country's determination to lift economic growth from over-reliance on real estate.
If there is no bailout, no macro stimulus, the late development of the bubble serious real estate market or destined to slow down.
It is because companies see the way ahead, so there are already some companies have begun to take action, embarking on the road of transformation and upgrading.
In the long run, the integration of the real estate market will be a long process, this long process, the market demand for architectural glass will also maintain a lower growth rate. Glass market, especially architectural glass, if there is no significant reduction in production capacity, during this period or show an overall surplus situation.
If the contradiction between supply and demand is not slowed down, then it is difficult to have a real improvement in our glass market. Industry consolidation of the pain of the skin so that many companies are still difficult to accept, still holding out in the darkness before the dawn. Most of the production enterprises in the glass industry, "peak season" before the arrival of the choice to adhere to, but 14 years of "peak season" can be prosperous to where?
On the current situation, the problem of overcapacity is difficult to solve in the short term, and the end demand is difficult to have significant growth, I expect the market price of glass in the peak season upward space is limited.
The peak season after the off-season, or a lot of money tighter enterprises can hardly bear, once the industry reshuffle period, the strength of poor enterprises or difficult to escape the fate of being eliminated. Those industrial chain is more complete, strong financial strength, technical level of production enterprises can really step through the darkness, to the dawn.
