The 18th China Iron and Steel Industry Chain Market Summit and the 2022 annual meeting of Lange Steel Network were successfully held - Yuantai Derun Steel Pipe Manufacturing Group

The 18th China Iron and Steel Industry Chain Market Summit and the 2022 annual meeting of Lange Steel Network were successfully held

From January 7 to 8, the annual top event of China's steel industry, the "18th China Steel Industry Chain Market Summit and Lange Steel 2022 Annual Meeting", was held in Beijing Guodian International Conference and Exhibition Center. With the theme of "Crossing the cycle - the development path of the steel industry", this meeting invited government leaders, famous economists, well-known entrepreneurs and the elites of the steel industry to gather together, with 1880 participants on the spot, and 166600 people online participated in the meeting through live video, to jointly check the development trend of the industry and point out the direction for the development of the upstream and downstream enterprises in the steel industry chain.

In the theme report, Qu Xiuli, Vice President and Secretary-General of China Iron and Steel Industry Association, delivered a wonderful speech on the theme of "China's iron and steel industry operation situation and development trend". She first introduced the operation of the steel industry in 2022, and looked forward to the development trend of the steel industry in 2023 from the aspects of domestic and foreign economic situation, resources and energy environment, mergers and acquisitions of the steel industry. She said that the iron and steel industry has entered a new stage of development, and hoped that everyone would work together to implement the new development concept, build a new development pattern and jointly promote the iron and steel industry to truly achieve high-quality development.

Li Ganpo, chairman of Jingye Group, delivered a wonderful speech on the theme of "Crossing the Cycle - How Private Iron and Steel Enterprises Deal with Industry Dilemma and Market Competition". He said that at present, the steel market is facing a long-term downturn, which is under great pressure for steel manufacturing enterprises. Only enterprises with good regional location, steel varieties and management level can survive in the future. Li Ganpo believes that the current round of market competition in the steel industry is cruel, but for the whole society, it is progress and development, the performance of urbanization and industrialization, and the embodiment of the effect of social transformation and upgrading. We should face it optimistically.

Liu Shijin, deputy director of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference, deputy chairman of the China Development Research Foundation and famous economist, delivered a wonderful speech entitled "China's macroeconomic policy outlook". He said that to expand the domestic market, we need to start from the new reality, shift the investment of the old troika "manufacturing, infrastructure, and real estate" to the new troika "manufacturing, infrastructure, and service industry investment", and shift the investment center of the new troika to promote industrial transformation and upgrading and human capital upgrading.

Liu Shijin said that the overall base in 2022 is low. If the impact of the epidemic can be largely or completely shaken off in the first half of 2023, various measures to stabilize growth will be put into place, especially the reform and opening up will be strengthened, and the stability of expectations and confidence will gradually show effect, and the GDP growth rate may be higher than 5%.

Ma Guangyuan, a famous economist, delivered a wonderful speech on the theme of "Outlook for China's Economic Situation in 2023". Ma Guangyuan said that China's economy is facing the deep impact of the "triple pressure" of demand contraction, supply shock and weakening expectations. To stabilize China's economy in the short term, three sharp arrows are needed: "stabilizing consumption, stabilizing real estate and stabilizing expectations". His humorous language style and unique opinions won warm applause at the scene.

Ma Guangyuan believes that China's economy will probably rebound in 2023, but it cannot go back to the past. At present, China is in urgent need of a 4 trillion yuan consumption stimulus plan, including the issuance of consumer vouchers and the distribution of cash to low-income families. Historical data show that the write-off rate of consumption vouchers in various regions is 60% - 70%, and the associated consumption multiple is about 3.5-17 times. Consumption vouchers have a significant stimulating effect on consumption.

This meeting was sponsored by Lange Steel Network and Beijing Metal Material Circulation Industry Association, jointly sponsored by Jingye Group, Tianjin Yuantaiderun Steel Pipe Manufacturing Group Co., Ltd., Handan Zhengda Pipe Manufacturing Group Co., Ltd., co-sponsored by Tianjin Youfa Steel Pipe Group Co., Ltd. and South China Material Resources Group Co., Ltd., and co-sponsored by Tianjin Juncheng Pipeline Industry Group Co., Ltd. and China Construction Development Steel Group Co., Ltd, Lingyuan Steel Co., Ltd., Hebei Xinda Steel Group Co., Ltd., Tianjin Lida Steel Pipe Group Co., Ltd., Shandong Panjin Steel Pipe Manufacturing Co., Ltd., and Shandong Guanzhou Co., Ltd.