New energy bubble has emerged, and guard against continued expansion

 New energy bubble has emerged, to guard against continued expansion
text / NI payments section
9 4, the Opening of Tianjin Binhai New Area the morning of 5 March .9, the National Development and Reform Commission Chen Bin Industrial Coordination Division threw out the The author of view that the current trend of new energy bubble has emerged, the relevant departments must be highly vigilant, avoid repeating the mistakes of the Internet and the real estate bubble. departments must learn before the excess capacity of the industry's warning, had just to make China the next round of economic growth does not fall behind and become the true beneficiaries of the new energy industry.
Chen Bin, Director of views and the recent hot topic of new energy bubbles exist side by side, policy makers have already started the introduction of real new energy bubble containment policy to prevent the further expansion of the bubble 26 .8, the State Council executive meeting of the study and plan the inhibition of iron and steel, cement, polysilicon, wind power and other emerging industries excess capacity, redundant construction and other issues. This means that the Government is intends to promptly stopped production of new energy industry development trend of disorder.
Yes, new bubble in the energy industry has already generated. If left unchecked, the ultimate and inevitable outcome of the Internet bubble and the beginning of the century caused by the round of financial crisis culprits of the tragic fate of the real estate bubble. According to the author's observation, a new domestic energy boom has come and go, proper regulation and control policy of the new energy industry to re-shuffle of new domestic energy companies, for the healthy development of major new energy benefit.
the first half of the amount of days the Chinese economy suffered a blow to credit, new energy concepts into local government and enterprises is a major subject of large-scale investment. As the Secretary said Chen Bin, , enterprises have to take action on the new energy car project, the new thermal energy vehicles have emerged, many companies simply do not have the R & D capability in fact, do not grasp the core technology, but the outsourcing of key parts for assembly, one to meet policy and market demand, but made by the above auto car project to seek qualification, which is not in line with our policy direction, new energy is not conducive to the healthy development of automobile industry. cases, usually accompanied by some serious industry overcapacity, such as four or five years ago, overheating investment in heavy industry during the hot, steel mills, cement plants everywhere, leading to severe overcapacity. and now the background of financial crisis under the sharp decline in economic growth, many traditional industries in China experienced unprecedented difficulties. Therefore, the more the influx of liquidity is bound to remain , in addition to academics and printing of all hot engine of economic growth for the next round of new energy, a large number of enterprises and local government intervention which will within reason. But this makes sense, but contains deep signs of a bubble.
representatives of the new energy polycrystalline silicon as an example. polysilicon, the highest price has more than 400 U.S. dollars a kilogram, while in 2004, when only 50 U.S. dollars a kilogram, even though such gains are difficult commodity bubble hold a candle. As of the end of June, Sichuan, Henan, Jiangsu, Yunnan, more than 20 provinces, nearly 50 companies are building, expansion and build polysilicon production lines, with a total building size of more than 17 million tons, total investment of more than 100 billion yuan.
This abnormal growth rate than in 2003 and 2004 during the blind expansion of the steel industry is more serious. This type of development springing up the path to the final will usher in a strong central government control, as . is to give new energy is being trapped bubbles of many entrepreneurs and government officials sounded the alarm. If we disregard their own reality, blind development, and ultimately will bear the consequences of a burst bubble.
Yes, the current world economic and industrial patterns have reached a critical time node, mature new energy technologies may become the engine of economic growth in the next round, profoundly changing the lives of each of us. Thus, under the guidance of the appropriate policies, develop new energy technologies and industries, and form investment boom should have been a good thing. But all things are subject to a degree, and the current development of China's economic structure is still extensive, blind projects, repeated investment in the construction of chaotic behavior for a long time did not change. In the new energy development process, the authorities had to learn before the excess capacity of the industry a lesson, it would only be able to make the next round of economic growth in China do not fall behind and become the true beneficiaries of the new energy industry.