The choice of industrial policy, the characteristics of industrial policy

The choice of industrial policy is closely related to the definition and function of industrial policy.

Industrial policy is the sum of various policies that intervene in the formation and development of industries in order to achieve certain economic and social goals.

The function of industrial policy is mainly to make up for market defects and effectively allocate resources; protect the growth of young ethnic industries; Ironing economy**; Give full play to the advantages of latecomers and enhance adaptability.

According to the function of industrial policy, the choices of industrial policy are: policy guidance, policy regulation and policy intervention.

Examples: wire and cable industry.

Now the industrial policy control is very strict, wire and cable enterprises have a business license before September 1, 1999 can be handled, but there must be relevant proof why did not handle it at that time, must clearly prove that it is in line with the industrial policy, according to the national industrial structure adjustment of 500kv and above wire and cable projects can be built before June 1 this year, but all wire and cable projects are prohibited in the future. Unless the construction of new energy and other special cables.

There is also the case of Huiyuan juice acquisition a few years ago, which is a manifestation of the industrial policy choice to protect the national industry.

Hope it helps.

2) Correctly choose the timing of regulation and control, rationally use the methods of regulation and control, and scientifically grasp the strength of policies. Industrial policy, like other economic policies, has the problem of timeliness, appropriateness, and moderation in the process of formulating and implementing it, and it is necessary to seize the opportunity.

Characteristics of industrial policy

1. The degree of intervention of industrial policy in the economy is in-depth.

Because the industrial policy intervenes in the process of resource distribution between and within industrial sectors, it is a step deeper than the Keynesian overall economic policy of indirectly intervening in economic operation through the redistribution of national income, and to a certain extent, it has broken the traditional dogma of free market economics and attempted to implement a "mixed economy" that organically combines state intervention and market regulation on the basis of a market economy.

2. The theoretical basis of industrial policy is multifaceted.

In addition to the theory of industrial structure, the theory of industrial linkages and the theory of industrial organization, there are also theories such as dynamic comparative advantage, economic development planning, technological progress, and so on.

3. The means of industrial policy are comprehensive.

National planning guidance is only a means of industrial policy, such as finance, taxation, finance, foreign trade, foreign exchange, technology development, transfer and diffusion, enterprise law, anti-monopoly law and necessary administrative guidance, etc. can become a selective means for the implementation of industrial policy.

The function of industrial policy

1. Overcome market defects in resource allocation;

2. Accelerate the transformation of industrial structure;

3. Maintain and promote the development of the infant industry;

4. Help difficult and declining industries to carry out structural restructuring;

5. Create a market environment and order conducive to equal competition and standardized competition;

6. Give full play to the country's competitive advantages and improve the international competitiveness of its own industries.

Legal analysis: Industrial policy is a policy formulated by the state to guide the direction of national industrial development, promote the upgrading of industrial structure, coordinate the national industrial structure, and make the national economy healthy and sustainable development.

Legal basis: Article 27 of the Company Law of the People's Republic of China: Shareholders may make capital contributions in monetary terms, or use non-monetary assets that can be valued in monetary terms and can be transferred in accordance with the law, such as physical objects, intellectual property rights, and land use rights; However, there is an exception for property that is not allowed to be used as capital contribution as stipulated by laws and administrative regulations.

The non-monetary property used as capital contribution shall be appraised and verified, and the property shall not be overvalued or undervalued. Where laws and administrative regulations have provisions on appraisal valuation, follow those provisions.

Generally speaking, industrial policy is the sum of various policies of a country or region that actively intervene in industrial activities for its overall and long-term interests.

Experience shows that the role of industrial policy is mainly in the following aspects:

1.compensate for market failures;

2.Achieve unconventional development and shorten the time to catch up;

3.Promote the rationalization and height of industrial knots and spikes, and realize the optimal allocation of industrial resources;

4.enhance the international competitiveness of the industry;

5.In the process of economic globalization, we should pursue advantages and avoid disadvantages and ensure the country's economic security.

The target system of industrial policy can be broken down into three aspects:

1.Achieve economic revitalization and economic catch-up.

2.Realize the rationalization and upgrading of the industrial structure.

3.Enhance the international competitiveness of domestic industries. This is the overall goal of the industrial policies of all countries in the 21st century.

The means of industrial policy can usually be divided into three types: direct intervention, indirect inducement and legal regulation.

1.Direct intervention --- include the quota system, the license system, the approval system, and the direct investment system.

2.Indirect inducement --- mainly refers to the provision of administrative guidance, information services, tax collection and exemption, financing support, financial subsidies, tariff protection, export tax rebates, etc.

3.The --- of legal regulation is to strictly regulate the behavior of enterprises, the working procedures of the policy implementation mechanism, and the measures to change the policy objectives and measures by means of legislation.