The US “re-industrialization†has a conflict of interest with China’s strategic emerging industries. The "double opposition" of the photovoltaic industry is only the first step of Obama's game. Associate Research Fellow, World Economic Research Office, Economic Forecasting Department, National Information Center, Postdoctoral Fellow of Economics, members of the China Association for Management Studies (IACMR) can only bring new capital and new materials to drive a new round of industrial cycles, attracting global capital to return to the United States. The direction of industrial reengineering. Continuing the tendency of US trade protectionism since the financial crisis, the US Department of Commerce will directly point to China's new energy field and launch a “double-reverse†investigation on China's photovoltaic industry, which marks the new energy field between China and the United States. The battle has begun. Recently, three photovoltaic companies in the United States have closed down one after another, alarming the two political and business circles in the United States. US PV companies have been defeated by Chinese PV companies, which has made clean energy technology the key to revitalizing the US economy, and supported the photovoltaic industry by investing in tax breaks, loan guarantees, export subsidies and other measures. Really very annoyed, we must know that the new energy industry is the focus of Obama’s new economic strategy. The financial crisis of 2008 almost destroyed the development model of the United States for decades. The US economic growth mode with the overdraft consumption, credit expansion and real estate market prosperity as the fulcrum is unsustainable. Where is the US economy after the crisis? This is a difficult question that the Obama administration must answer. Excessive reliance on the virtual economy represented by the financial industry and the real estate industry and excessive dependence on debt consumption have not only severely weakened the competitiveness of the manufacturing industry, but also the root cause of the crisis. The United States needs to change the “debt-driven†growth model of the past and establish a new “economic growth model for the post-crisis eraâ€, namely export-driven growth and manufacturing growth. To this end, Obama proposed an "export multiplication plan". It is expected that US exports will grow at an average annual rate of 15%. However, this seems to be out of reach, because since the 1990s, the US low-end manufacturing industry has mostly been domestic. It is transferred out, and the cost of its high-end manufacturing industry is relatively high. Europe, Japan and South Korea are all strong competitors of the United States. From the comparative advantages of labor cost and labor productivity, compared with many emerging market countries, US manufacturing industry does not have advantages in terms of labor costs. Therefore, the United States knows that only by adopting new energy, new materials, and new technologies to drive a new round of industrial cycles and attracting global capital to return to the United States is the direction of American industrial reengineering. In contrast, China also regards the new energy industry as the engine and key to China's overall economic transformation and structural upgrading. Driven by the revitalization plan of emerging industries after the financial crisis, the new energy industry including the photovoltaic industry has experienced explosive growth. At present, Chinese products are increasingly occupying a dominant position in the renewable energy market. Both American companies and Japanese and European companies have almost lost their local market share. The share of Chinese producers is gradually increasing. In 2010, China’s PV production has been Up to 16GM~17GM, occupying half of the world. However, it is undeniable that, relatively speaking, the photovoltaic industry such as China's solar cells is mainly concentrated in the middle and lower reaches of the industrial chain, and the competition situation is becoming increasingly fierce. Especially the more downstream (component production, solar application products) competition is more intense, mainly due to the low production investment of downstream products, short construction period, low technology and capital threshold, and the closest to the market, thus also causing overcapacity in China's photovoltaic industry. It is more susceptible to external shocks. Now, the market demand for new energy sources has become saturated, but countries must obtain a larger share of the limited market resources, and naturally it is inevitable to meet shorthand. The United States has identified the new energy industry as an important strategy for achieving "re-industrialization" and reshaping the competitive advantage of the United States. China must also accelerate industrial technology and brand upgrades to recapture and open up a broader market. China must be prepared to fight a protracted war. The "double opposition" to the photovoltaic industry is only the beginning of the US protectionist trade tide. Waiting for China will be a more complicated and fierce market game.
Tool Cabinet Set,Tool Cabinet Set Box,Tool Box Full Set,Tool Box For Set
SUZHOU NEWSTAR HARDWARE CO.,LTD. , https://www.hardwarenewstar.com