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The glass industry is deeply affected by national macroeconomic policies
- Categories:Industry Information
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- Time of issue:2021-11-11 15:29
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(Summary description) Today, most glass companies have seen that the national macroeconomic policy has a vital role in the future of glass manufacturers, and some manufacturers are seeking opportunities to continuously transform and upgrade.
The glass industry is deeply affected by national macroeconomic policies
(Summary description) Today, most glass companies have seen that the national macroeconomic policy has a vital role in the future of glass manufacturers, and some manufacturers are seeking opportunities to continuously transform and upgrade.
- Categories:Industry Information
- Author:
- Origin:
- Time of issue:2021-11-11 15:29
- Views:
Today, most glass companies have seen that the national macroeconomic policy has a vital role in the future of glass manufacturers, and some manufacturers are seeking opportunities to continuously transform and upgrade. So what is the main theme of China's economy in the future? Where is the path of our glass industry?
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 economic work in the second half of the year. It was decided at the meeting that the Fourth Plenary Session of the 18th Central Committee will be held in October, and the Politburo meeting of the Central Committee will set the tone for the economy in the second half of the year.
The meeting emphasized that my country's reform has entered a critical period and a deep water zone. At the meeting of the Political Bureau of the Central Committee, it was proposed to maintain a certain economic growth rate, increase targeted regulation, adhere to stability while seeking progress, and reform and innovate to activate the market as the main tone of economic work in the second half of the year. The high-level meeting determined that the economy will be released intensively in the second half of the year.
From this, we can see that the country's main tone for the economy in the second half of the year is still stable growth, and there is no over-emphasis on the pull of the economy. It is understood that the construction industry accounted for 7% of national GDP in 2013, while the contribution of real estate to the country’s GDP was about 20%. There is a phenomenon of over-reliance on real estate for economic growth. At the crossroads, China’s economic choice to maintain a certain growth rate and targeted regulation also reflects the country’s determination to lift the country’s over-reliance on real estate for economic growth.
If there is no bailout and no macro stimulus, the development speed of the serious bubble real estate market in the later stage may be destined to slow down.
It is precisely because companies have seen the way of the future, some companies have already begun to take action and embark on the road of transformation and upgrading.
In the long run, the integration of the real estate market will be a long process. During this long process, the market's demand for architectural glass will also maintain a relatively low growth rate. The glass market, especially architectural glass, if there is no significant reduction in production capacity, an overall surplus may be present during this period.
If the contradiction between supply and demand is not slow, it is difficult for our glass market to really improve. The pain of industry integration has made it difficult for many companies to accept, and they are still standing in the darkness before dawn. Most manufacturers choose to persist before the "peak season" of the glass industry arrives, but where can the "peak season" of 14 years be prosperous?
Judging from the current situation, it is difficult to solve the problem of overcapacity in the short term, and it is difficult for terminal demand to increase significantly. The author expects that there is limited room for glass prices to rise in the peak season.
However, the off-season after the peak season may be unbearable for many companies with tight funds. Once the industry reshuffle period comes, companies with poor strength may not be able to escape the fate of being eliminated. Only those production enterprises with a relatively complete industrial chain, strong financial strength, and excellent technical level can truly break through the darkness and reach the dawn.
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