Related Departments Will Set up Policies to Support Development of Leading Enterprises

(China Glass Network) National Development and Reform Commission has issued “Opinions to Promote Structural Adjustment of Flat Glass Industry”, which brings new hope and favourable turn for the industry. It also indicates that glass industry to enter a new stage of development and adjustment. Strong market demand of the industry The five years after 2010 is the rapid development period for industrialization, urbanization and new rural construction. Emerging industries of architecture, transportation, electronic information and solar also become pillar industry for sustainable development of domestic economy. The widespread use and improvement of energy-saving industry will promote rapid development of glass industry. It can be expected that with the rapid development of national economy and related industry, improvement of the quality of life and increase of exporting volume, domestic glass industry will be faced with strong market demand and vast potential for future development. Capacity growth of flat glass industry slows down and fierce competitiveness of the industry will calm down The documents issued by NDRC formulate that new float glass production line should not only be examined by investment departments, but also get approval from organizations of China Architectural and Industrial Glass Association. Energy-saving glass has become new trend of market demand. Reasonable industrial policies and regulations will have positive influence for the industry. The implement of “Long-term Special Planning for Energy-saving” and “Energy-saving Projects of Government Organization” will bring huge opportunities for market development of Low-E glass, solar glass and so on. Organization and structure of enterprises will be improved To standardize market competition fundamentally and improve economic operation effect of the industry, restructuring, merger and acquisitions of the enterprise is the inexorable trend. It’s the best time for enterprises to adjust business pattern now when market demand of the industry slows down. Related departments will set up policies to support development of leading enterprises. Source: GlassInChina