By analyzing the development status and reform prospects of the steel industry, we can more intuitively and more specifically grasp the distinctive characteristics of manufacturing reform under the new normal background.

First, a special era background. Different from the era when reforms took place in the past, this round of reform in the manufacturing industry is a positive move under the conditions of the Chinese economy entering a new normal. The new normal puts higher demands on the structural transformation and development quality of the Chinese economy and accumulates positive energy for the medium and long-term development of the Chinese economy. Therefore, China's manufacturing industry urgently needs to steadily advance structural reforms to meet the high standards set by the new economic normal. At the same time, it must absorb nutrients from the competitive environment brought about by the new economic normal and release it for its own reform. kinetic energy.

Second, a clear strategic path. Undoubtedly, "stable stocks and incremental growth" are the basic path for the implementation of this round of reform. Among them, the “stable stock” mainly emphasizes the basic production capacity that matches the level of national economic development. Under this premise, the excess capacity is appropriately reduced and adjusted to ensure the reasonable development of domestic production capacity. On the other hand, “incremental” emphasizes the development and utilization of emerging capacity. It is particularly important that the development of new production capacity must meet the development requirements of advanced productive forces. It is also necessary to actively introduce and reflect the concrete results of scientific and technological progress, and ensure that emerging production capacity can effectively improve the overall development level of the manufacturing industry and build a “world manufacturing powerhouse”. Lay a solid foundation.

Third, leading technical requirements. This round of reforms in China's manufacturing industry will introduce more high-tech standards, with particular emphasis on the formulation and implementation of energy-saving and environmental protection standards. One of the developmental characteristics of the new normal of China's economy is the gradual shift to a low-carbon economy. Therefore, in order to better meet the "three lows" requirements of low-carbon economy, such as low energy consumption, low pollution, and low emissions, China's manufacturing industry must gradually get rid of the extensive production mode of high energy consumption, high pollution and high emissions. Strengthen efforts in different production links such as technology research and development and process improvement, and increase the proportion of science and technology in industrial manufactured products.