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楚雄翻譯公司關(guān)鍵字：Iron and steel industry in recent years, the industry maintained a relatively high income. In 2004, the steel industry EBIT increased by as much as 188% EBIT margin reached 14.05% compared with 2003, an increase of 62.8%, while the lower cost of steel is strongly influenced by the appliance industry 2004 EBIT increased by only 0.96%, EBIT margin is only 3.08%, down 25.78% compared to 2003. In 2004 the whole auto industry realized a total profit of only 71.985 billion yuan, 4.552 billion yuan less than in 2003, the industry profit margins from 8% in 2003 to 6.6%. Driven by interests, and generally optimistic about the prospects for the steel market, the steel industry production capacity and new enterprises to enter in a state of rapid expansion, on the one hand is in constant influx of new businesses, the other is by the original iron and steel enterprises are large scale renovation, expansion to expand production capacity. This was the production of excess capacity, excess capacity as the main feature of the product over competition in the foundation.(2) Government to speed up the development of the region's economy has led to the motivation to enter the steel industry overFirst, the diversification of the local government industry to target the market caused by excessive entry. Government in the industry to decision-making, the goal is diversity, not only to consider the economic benefits into the enterprise market, but also consider the administrative goals, such as steady economic growth, full employment and stable currency, the unit or the region's economic strength expansion of real income, or hidden income and so on. The administrative goal is to increase the amount of investment and expand production scale are closely related. With the government into a leading role in the case, prone to excessive access behavior.Second, local government and the central government to local governments to enter game lead over to enter. In market access, the central government and regional governments of the game, mainly in the industrial policy of control and anti-control. This space into the main game there is: the central government in order to avoid duplication and to prevent waste of resources, the need for major construction projects nationwide the number of control and market access; but local governments in the region to increase revenue from the perspective of I hope the project in the region. Therefore, the local government investment projects in the declaration, they can use various means and the central bargaining, for the project in order to achieve the investment objective or central. And this bargaining process is the local government for the project to continue adopting policies and measures to reduce barriers to entry in the process industry.Third, the game between the local government. In advance by the administrative devolution of power under the conditions of market-oriented reform, China's local government has gradually become independent interest objectives and greater allocation of resources of power, "Action Group" to enter the competition in the market the first performance of the competition between local
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