中国考登钢管制造业已经处在一个过度投资的状态，其中存在着大量的低效率和无效率投资。举个例子，比如说无缝管行业，市场容量一年大概6亿吨左右，但是产能已经到了9亿吨，现在三分之一的钢铁产能过剩。今年一季度16Mn考登钢管产品是全行业亏损，原因在于过度竞争。而且现在的问题不光出在传统产业，像新能源领域，比如说太阳能、比如说风电，都已经出现了大量的产能过剩。就连一些新兴的高科技产业领域也都出现了同样的现象。
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.
另外，我国今年的GDP增速在急剧下降，一季度大概是8.1%。接下来看，由于出口放慢，由于投资方面已经造成了大量的投资过剩、投资空间在逐渐收窄，再加上控制房价对房地产业的影响，所以整个投资形势也不乐观。在这样的条件下，我国的经济结构是过度依赖投资和出口，而现在出口上不去，投资也上不去，就必然对经济增长提出一个严重的挑战。
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.
中国制造业面临的一个迫切的任务就是调整结构。改善我们现在的结构，把过高的储蓄率、过高的投资率，转变到一个消费适度的可持续的增长方向上来，至少是消费需要和GDP同步增长这样一个轨道上来。否则的话，未来经济下降是可以预期的。结构调整可能涉及到一系列问题，并不简单是一个刺激消费的问题。背后主要是收入分配状况的问题，同时涉及到现行的财政体制、税收体制、金融体制等一系列体制方面的问题。
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.
