参考答案： Founded on February 20, 1968, the institute is affiliated to the China Aerospace Science and Technology Corporation. After 40 years' development, it has become a major base of China's space technology and product development, and turns into the most powerful backbone of China's space industry. The institute is mainly engaged in such services as space technology development, space crafts research and development, international technology exchange and cooperation in space industry, and space technology application. Besides, it also participates in the development plan of national space technology, researches on technical approaches relevant to outer space exploration, development and exploitation, and undertakes research and development and provides services as required on various aircrafts and ground application equipment.
Consisted of subsidiary organs like research institute and satellite manufacturer, the institute owns a listed company and several wholly-owned subsidiaries, establishing multiple national key laboratories and a college for postgraduate education, internal training as well as customers training as a core. With seven industrial bases, it forms a complete research and production system which is qualified in overall design of space crafts, subsystem development and production, satellite assembly test, environmental experiment, ground equipment manufacturing, satellite application, and service assurance, etc. There are more than 10,000 staff in this institute,including 8 numbers of Chinese Academicians, 12 national outstanding contribution experts and more than 1, 700 senior professionals. It has established extensive ties with aerospace corporations and space research organizations in more than 10 countries and regions.
We need to work hard to advance structural reform, in particular that on the supply side. The structural problems facing the Chinese economy are about both the supply and demand sides, especially the supply side. We need to advance structural adjustment through reform, reduce inefficient and low-end supply, and expand effective and medium- to high-end supply. This is conducive to economic transformation as well as growth.
A major task for us is to phase out outdated production capacity and address overcapacity, especially in steel, coal and other sectors that face difficulty in operation. Initial progress has been made in recent years, as is shown in the lowering production of raw coal and crude steel, but our efforts must well continue. We will adopt a market-based and rules-based approach and apply strict standards in environmental protection, quality and safety.
The biggest challenge is how to address possible layoffs in this process. Businesses need to take multiple measures to ensure that their employees will get reemployed.Both the central and local governments should provide necessary support to take care of the affected employees. Overcapacity is a global challenge. The fact that we will actively take measures to cut overcapacity demonstrates that China is indeed a responsible country.