"Market elimination + technological replacement" will accelerate capacity governance in multiple industries.

From the policy level to industry actions, recent signals have been released indicating an acceleration in production capacity governance. According to interviews with reporters, in the second half of the year, "production capacity governance" will become an important task for industries such as steel, non-ferrous metals, building materials, and photovoltaics. Relevant departments, industry associations, and enterprises are all planning strategies to break the cycle of overcapacity. Industry insiders point out that this round of production capacity governance is expected to achieve optimization through "market elimination + technological substitution", and companies should actively explore the path of market-oriented production capacity clearance.