中國考登鋼管製（zhì）造業已經處在一個過度投資的狀態，其中（zhōng）存在著大量的低（dī）效率和無效率投資（zī）。舉個例子，比如說無縫管行業，市場容量（liàng）一年大概6億（yì）噸左右（yòu），但是產能已經到了9億噸，現在三分之一的鋼鐵產能過剩。今年一季度16Mn考登鋼管產品是全行業虧損，原因在於過度競爭。而且現在的問題不光出在傳統產業，像新能源領域，比如說太陽能、比如說風電，都已經出現了（le）大量的產能過剩（shèng）。就連一些新（xīn）興的高科技產業領域也（yě）都出現了同樣的現象。
China's Kauden steel pipe manufacturing industry has been in a state of over-investment, in which there are a large number of inefficient and inefficient investment. For example, in the seamless pipe industry, the market capacity is about 600 million tons a year, but the production capacity has reached 900 million tons, and now one third of the steel production capacity is excessive. In the first quarter of this year, 16Mn Corden Steel Tube products lost money in the whole industry due to excessive competition. And now the problem is not only in traditional industries, such as new energy, such as solar energy, such as wind power, but also in excess capacity. Even some new high-tech industries have the same phenomenon.
另（lìng）外，我國今年的GDP增速在急劇下降，一（yī）季度（dù）大（dà）概是8.1%。接下來看，由於出口放慢，由於投（tóu）資方麵已經造（zào）成了大量的投資過剩、投資空間在（zài）逐漸收窄，再加上控製房價對房地產業的（de）影響，所以整個投（tóu）資形勢也不（bú）樂觀（guān）。在這樣的條件下，我國的經濟結構是過度依賴投資和（hé）出口，而現在（zài）出（chū）口上不去，投資也上不去，就必然對經濟（jì）增長提出一個（gè）嚴重的（de）挑戰。
In addition, China's GDP growth rate is declining sharply this year, about 8.1% in the first quarter. Next, the overall investment situation is not optimistic because of the slowdown in exports, the excess investment caused by investment, the narrowing of investment space, and the impact of controlling house prices on the real estate industry. Under such conditions, China's economic structure is excessively dependent on investment and exports, and now exports can not go up, investment can not go up, it is bound to pose a serious challenge to economic growth.
中國製（zhì）造業麵臨的一個迫切的任務就是調整（zhěng）結構。改善我們現在的結構（gòu），把過高的儲蓄（xù）率、過高的投資率（lǜ），轉變到一個消費適度的可持續的（de）增長方向（xiàng）上來，至少是消費需要和GDP同步增長這樣一個軌道上來。否則的話，未來經濟下降是可以預期的。結構調整可能涉及到一係列問題，並不簡單（dān）是一（yī）個刺激消（xiāo）費的問題。背後主要是收入分配狀（zhuàng）況的問題，同（tóng）時涉（shè）及到現行的（de）財政體製、稅收體製、金融體製等一係列體製方麵的問題。
An urgent task facing China's manufacturing industry is to adjust its structure. To improve our present structure, we should transform the excessive savings rate and investment rate into a moderately sustainable growth direction of consumption, at least on the track of simultaneous growth of consumption demand and GDP. Otherwise, the future economic decline can be expected. Structural adjustment may involve a series of problems, not simply a problem of stimulating consumption. Behind it is mainly the problem of income distribution, and at the same time, it involves a series of institutional problems such as the current financial system, tax system, financial system and so on.
