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2003年后,中国央企生产力变革变得很缓慢,钢铁、煤炭、水泥、玻璃、石油、石化、铁矿石、有色金属等几大行业,亏损面已经达到80%,产业的利润下降幅度最大,产能过剩很严重。截至2015年12月初,几大行业的生产价格指数(PPI)已连续40多个月呈负增长状态,这几大行业对整个工业PPI下降的贡献占了70%~80%。
After 2003, the productivity change of China’s state-owned enterprises has become very slow. The losses in several industries such as steel, coal, cement, glass, petroleum, petrochemicals, iron ore and nonferrous metals have reached 80%, and the profits of industries have dropped the most. Overcapacity is very serious. As of early December 2015, the production price indices (PPIs) of several major industries have shown negative growth for more than 40 consecutive months, contributing 70% to 80% of the total industrial PPI decline in these major industries.