Rojun: China's manufacturing industry will accelerate the pace of structural adjustment

China's manufacturing industry will speed up the pace of structural adjustment--Rojun, chief executive and secretary General of the Asia Manufacturing Association. In the context of the financial crisis, China's manufacturing industry, like global manufacturing, suffered a different degree of shock. The shadow of the financial crisis has not completely dispersed, but also face the enormous pressure of energy saving and emission reduction. Recently, the Ministry of Finance and other departments issued a cancellation of 406 kinds of merchandise export tax rebate policy, undoubtedly some Chinese manufacturing industry has brought an ominous foreboding. How should we deal with the influence of many uncertainties in China's manufacturing industry in the medium term of industrialization?　　The reporter interviewed the chief executive and Rojun of the Asia Manufacturing Association.　　Journalist: How will pressure on China's manufacturing industry be affected by rising labor costs and the appreciation of the renminbi? Rojun: Rising labor costs are only one aspect of China's manufacturing industry's accelerated transition, and may also be a major factor.　　China's industrialization started late and was in the middle and low-end of the industrial chain for a long time, which restricted the expansion space of the Ministry of Education of China's manufacturing industry, which led to the collapse of some manufacturing industry under cost pressure. RMB appreciation and cost rise is an inevitable trend, indicating that China's manufacturing industry in the industrial engineering will also encounter more and more resistance, and these obstacles are not imposed by others, is mainly the inevitable law of industrial development decided.　　At present, China's manufacturing labor wages generally around 1500 yuan, almost every year will increase by 300-500, and the surrounding Vietnam, Indonesia and other industrialized countries of the labor costs will be cheaper than we are about half. The appreciation of the renminbi is a symbol of a country's economic strength, which marks the enhancement of a country's competitiveness. However, the interference of other political and non-normal factors is not excluded. A stronger renminbi would be a serious blow to some of China's manufacturing industries, which have long relied on low-cost Labour. Increased cost will lead to lower product competitiveness. However, whether labor costs rise or the renminbi appreciation, will undoubtedly further reduce the international space of China's manufacturing industry, but the role of the failure of the mechanism can not be ignored.　　China's manufacturing industry must shift from low-end manufacturing to high-end manufacturing and green manufacturing, relying on technology competitiveness to enhance product competitiveness is the choice.　　Reporter: Do you think our country wants to continue to maintain the status of the world's factories, what needs to be done to adjust the development of manufacturing? Rojun: "The World Factory" helped push the Chinese economy in the international position, but so far, but also for the further take-off of China's economy set up a lot of conditions, brought a lot of development pressure. Mainly manifested in the development model of rough, brought serious environmental pressure and energy saving and emission reduction pressure.　　How to construct the green industrial system and how to promote the rise of high-end manufacturing industry is the most urgent task in China. Technology is the root of the manufacturing industry. At present, the global economy is in a great loss, Low-carbon technology and new technologies are facing new development opportunities, we should give full attention to low-carbon technology, Internet and other emerging industries, and timely guide the transformation of new technology, resolutely eliminate the fallPost-technology and backward production capacity, to play the role of information technology in the guidance of manufacturing.　　Reporter: Southeast Asia and some other countries, the strength of the manufacturing industry is also gradually strengthened, you think China is different from these countries? Rojun: The Southeast Asian countries ' industrialization start time is later than us, the overall level is still relatively backward, there is no obvious competition situation between each other. However, in the policy environment, location advantages, enterprise ecology and compare with us, the gap is still very large. We should speed up the transfer of Chinese manufacturing to Southeast Asia and, after the entry into force of China-ASEAN FTA, further accelerate the process of industrial integration between China and Southeast Asia, so that resources can be complementary and share advantages.　　At present, the Southeast Asian manufacturing industry than our cost advantage is more obvious, Reporter: Please understand the recent export tax rebate, the elimination of backward production capacity and other series of policies, policies behind the strategic transformation of the major signals have? Rojun: From the recent policy perspective, the country cancels 406 kinds of merchandise export tax rebate, the policy transmits mainly is three signals: first, the industrial structure adjustment's need, the industrial structure adjustment's ultimate goal is realizes the industrial green growth, limits the high energy dissipation product the exportation, accelerates eliminates the backward production capacity, realizes the energy conservation emission reduction. The tax rebate on the list of commodities, a relatively high primary products, indicating that the country wants to eliminate low value-added products and the determination of backward production capacity. Second, the need for structural adjustment of foreign trade, over the years, China's export share of high, large proportion, surplus is also large, to other countries of goods to bring great competition pressure, in the international also in a disadvantageous position. The value-added of our goods is very low, consuming a lot of raw materials, such a trade surplus to a certain time the side effects of the economy will gradually appear. With the acceleration of China's industrialization process, the pace of China's industrial transition to high-end manufacturing will accelerate. Reducing exports to gradually balance external demand and domestic demand has become an effective means of restructuring the structure of foreign trade.　　Third, the need to curb inflation. Reporter: Adjust the structure before the financial crisis to talk about, what is the difference this time?　　What is the background of the policy? Rojun: Adjusting the structure and changing the mode of economic growth is a gradual process, it is impossible to do it overnight. Before the financial crisis, we have realized that we need to adjust the way of economic development, long-term reliance on low-cost labor costs and the cost of the environment of the development model is short-lived, the environment, the enormous pressure on the resources, need to be adjusted in time. After the financial crisis, the global economic structure and political structure have undergone many changes.　　This adjustment can be seen as a continuation of the last adjustment. Because the financial crisis to China's impact relatively small, but accelerated the pace of structural adjustment. This policy is mainly focused on how to further promote structural adjustment, improve the overall quality of our economy, and truly achieve green development, Low-carbon development, sustainable development. Get rid of the heavy dependence of the economy on resources and the great pressure on the environment.　　At the same time, it is also a new beginning to improve our foreign trade pattern.　　Reporter: The adjustment to the relevant industries, enterprises have what impact? Rojun: This adjustment will further force high energy-consuming and polluting industries plan merge all, the lack of sufficient competitive strength of enterprises, will undoubtedly reduce the export advantage.　　At the same time, new energy technology and other new industries and energy-saving environmental protection industry will usher in new opportunities for development.　　Reporter: Recent home treasure Prime minister again said that the dilemma situation is complex, the goal of growth and transfer structure is difficult to simultaneously, what do you observe in this regard or how to predict the second half of the policy and macro environment changes? Rojun: Indeed, Premier Wen is right. Due to the late start of our economy and the unfinished industrialization revolution, our country is doomed to go through a difficult structural adjustment road. The world's most advanced technology others will not transfer to you, independent innovation needs a long process, this is the basic national conditions, is beyond the "gap." If the growth and restructuring are to be carried out at the same time, they are contradictory and cannot be fully balanced. For example, the current real estate market is seriously frothy, if you want a "hard landing", it will be steel, cement and other related industries will be a major blow to the labor force employment, fiscal and tax would constitute a huge pressure. But bubbles are always dashed, and the bigger the bubble, the worse the consequences. To make the real estate industry healthy and orderly development, we must start early, standardize the market order. Moreover, most local governments now rely on "land finance", which is also very dangerous. We go to any place to go for a walk to see, will find every place the city has a brand-new look, where does the money come from? Does the local economy really develop so well? No, there is no pillar industry, there are not a group of enterprises with competitive power, the economy of this place will be very fragile.　　Look at the Pearl River Delta and the Yangtze River delta in some places, although small and medium-sized enterprises flourish, but the local area is full of foul ditch, industrial waste, surface water seriously polluted, such a development model is short-lived.　　Because the current real estate industry has a huge interest space, some manufacturing enterprises began to turn to real estate, and give up the trend of career development. In the future, the pace of China's economic adjustment will be further accelerated, not slowed down. The pace of economic growth may be properly reduced, and more focus on economic quality, that is to say, will increase the high-end services and high-end manufacturing industry. The macro-level of the economy will not change significantly, and China's strong growth trend will not change significantly, mainly because the Chinese market has not changed and demand remains strong. Some industries such as real estate industry will enter a new round of adjustment cycle, high energy consumption and pollution of the industry will be basically cured. It is expected that after 3-5 years of adjustment, China's industrial development will be upgraded to a new level, green, low-carbon, sustainable development model will be basically established.