3） Support the upgrading of industrial structure
The government's policy support for industrial structure upgrading and adjustment has increased. The upgrading of the industrial structure in the stainless steel industry is an inevitable requirement for energy conservation, emission reduction, and the elimination of outdated production capacity. In 2015, export policies will continue to be adjusted, and future export policies will be coordinated with energy conservation, emission reduction, and industrial restructuring policies to better promote industrial policy adjustments. We will increase efforts to restrict the export of high energy consuming, high polluting, and resource-based products, and encourage the export of high value-added and high-tech products. Producing high value-added products and adjusting the industrial structure are the development trends of the stainless steel industry. Therefore, while supporting energy-saving and emission reduction policies, sufficient attention should be paid to industrial structure upgrading projects.
（4） Mergers and acquisitions investment
The "Industrial Revitalization Plan" for the steel industry clearly proposes to promote the merger and restructuring process of China's steel industry. Advancing the merger and restructuring of the stainless steel industry is not only necessary for eliminating outdated production capacity, but also for steel enterprises to grow and strengthen, and to increase industry concentration. Through mergers and acquisitions, stainless steel companies can enhance their bargaining power over upstream and downstream industries, while also improving their operational and production efficiency and reducing costs. Through the merger and integration of stainless steel enterprises, resources can be concentrated to achieve large-scale production equipment and increase enterprise scale, thereby enhancing the competitiveness of the enterprise. To accelerate the process of mergers and acquisitions in the steel industry, it is expected that policies targeting mergers and acquisitions will be introduced one after another.