May 3, the National Development and Reform Commission announced the objectives of the plan as to eliminate backward productivity. Meanwhile, it has make sure the production phase-out target of the five industries (iron & steel, nonferrous metals, light industry, textile and petrochemical) in the next three years.
It is learned that the main fields of eliminating backward productivity in the petrochemical industry include oil refining, chemical fertilizers, pesticides, calcium carbide, and methanol and so on. According to the planning of the State Development and Reform Commission, the refining industry will adopt a method of regional equivalent alternatives. To 2011, the inefficient and low-quality oil refining equipments which have the productivity of one million tons or below will be obsolete. Meanwhile, to actively guide the 1 million to 200 million tons oil refining plant shut down and to prevent building new refinery projects in the name of bitumen or heavy oil.
Development and Reform Commission also made clear that it will hasten the elimination of acetylene, methanol and other products of low productivity, strictly control the construction of such excess capacity projects as methanol, caustic soda, soda ash. By 2011, the production phase-out of citric acid will reach 50 thousand tons, and chemical fiber 2.3 million tons.In order to ensure the realization of these planning goals, Development and Reform Commission said that it would speed up the elimination of backward productivity by means of revising and improving industrial policy, establishing capacity exit mechanism, promoting enterprises’ technological upgrading and so on and so forth. Specific measures include: to improve the access threshold, to strengthen cleaner production audit, to implement a differential pricing; properly resolve issues such as staff placement, companies converting, and debt resolving in the elimination of backward productivity; to encourage enterprises to use new technologies, new materials, new technology and new equipment to transform and upgrade traditional industries and to develop high value-added products.