Hangzhou: Textile Industry And Backward Production Capacity "Elimination Order" Has Been Issued

Not scheduled. enterprise Financial institutions will not provide credit.

In December 23rd, Hangzhou issued the municipal government's opinions on promoting industrial spanformation and accelerating the elimination of backward production capacity (hereinafter referred to as "opinions").

The opinion is clear that from next year, Hangzhou It will speed up the elimination of steel, building materials, machinery, thermoelectricity, paper making and so on. Spin Backward production capacity in other industries.

The "opinion" has been implemented since January 1, 2011 and is valid for 5 years.

It is clear that from next year, Hangzhou will speed up the elimination of backward production capacity in steel, building materials, machinery, thermoelectric, paper and textile industries.

If Hangzhou fails to meet the required backward production capacity, it will not recognize the reward and support and comprehensive utilization of resources; it will implement the project "regional limited approval" for the districts and counties (cities) that have not completed the task of eliminating backward production capacity on schedule, namely, suspend the evaluation, EIA, approval and approval of the projects in the area.

Enterprises that fail to eliminate backward production capacity on schedule will be imposed a "magic spell". "Opinions" clearly stated that such enterprises, governments at all levels will revoke their emission permits, financial institutions will not provide credit support, investment management departments will not approve and approve new investment projects, land and resources departments will not approve new land use, the relevant administrative departments shall not handle production licenses and safety permits, the licenses issued have to be withdrawn in accordance with the law, and the power sector shall stop supplying power to backward production enterprises according to law. The industrial and commercial department shall handle the cancellation of industrial and commercial registration within a specified time, or revoke the business license in accordance with the law.

The withdrawal of backward production capacity will be compensated by the government. Specific compensation rules have not yet been promulgated.