Strengthen industrial restructuring and seize opportunities to promote industrial upgrading
Strengthen the support of independent innovation, improve the innovation ability of enterprises and promote product upgrade
Supporting corporate restructuring and mergers from the policy level, promoting the transformation of enterprises from “bigger and stronger†to “strengthening and becoming biggerâ€
Accelerate the implementation of the first (set) policy and encourage users to adopt autonomous domestic equipment
According to relevant persons from the Ministry of Industry and Information Technology, the equipment manufacturing industry revitalization plan will be discussed jointly by the National Development and Reform Commission, the Ministry of Industry and Information Technology and industry experts, and will be reported to the State Council after final revision. At the same time, from this meeting, the basic ideas of the equipment manufacturing industry can be basically seen. Compared with the automobile revitalization plan, there is no specific stimulus measures for the revitalization plan of the equipment manufacturing industry, mainly the directional and policy adjustment plans.
Comments:
From January to September 2008, the total output value of the machinery industry was 6.72 trillion yuan, and the total sales value was 6.55 trillion yuan, up 27.52% and 27.8% respectively, down 3.53 percentage points and 3.92 percentage points year-on-year, although the growth rate remained relatively high. High level, but showing a downward trend month by month. At the same time, the growth rate of total profit of the industry has declined rapidly since the beginning of this year. In the first nine months of this year, the profit growth rate of the machinery industry was 24.91%, which was lower than last year's 21%.
Under the influence of the global financial crisis, the double wilting of domestic and international demand led to a slowdown in the growth of the entire machinery industry. The decline in the overall demand of the industry and the painful “destocking†process led to a rapid decline in the overall machinery industry.
1. Industry revitalization plan helps to enhance industry confidence
The equipment manufacturing industry is a basic industry that provides technical equipment for China's economic development and national defense construction. It is crucial to promote China's strategy of promoting economic adjustment, realizing industrial upgrading, expanding domestic demand, resisting economic downside risks, and maintaining stable and rapid economic growth.
At this extremely difficult time, the state will carry out the revitalization plan of the equipment manufacturing industry, based on the long-term, to help ease the current industry's operational difficulties, get rid of the current downturn, solve the long-term accumulation problems in the industry development process, regulate the industry order, and promote the industry. Healthy and orderly development has far-reaching positive significance.
2. Expanding demand needs to be implemented, and it is difficult to reverse the overall downward trend of the industry in the short term.
Under the global financial crisis, the overall rigid supply of the machinery industry faces a sluggish demand, and the lack of downstream demand has become a prominent problem facing the machinery industry. The economic policies of the country to expand domestic demand are conducive to improving the industrial environment, but the effect of the policy will take time. At present, the five suggestions of the Ministry of Industry and Information Technology are only directional opinions, which will help the long-term development of the industry, but it is not enough to reverse the industry in the short term. We maintain the judgment of the industry's overall growth rate of 15% in the 2009 strategy of the machinery industry.
Investment strategy: Demand-oriented, policy-driven, two sub-industries have investment opportunities.
1. The basic components were placed in a very important position for the first time.
In the revitalization planning opinion of the equipment manufacturing industry, “involving major equipment and basic components†was placed in a very important position for the first time. At present, the lack of key components has become an important factor restricting the industrial upgrading of China's equipment manufacturing industry. Taking the construction machinery industry as an example, core components such as hydraulic components are heavily dependent on imports, and 70% of the industry's profits are occupied by foreign component manufacturers. Domestic machinery manufacturers are squeezed by foreign supply companies in terms of parts procurement, delivery period and specifications, which seriously affects the development of the industry.
We expect support for the basic parts industry in four areas for the equipment manufacturing industry revitalization plan.
Funding support or preferential policies for interest-rate loans for basic component technology research.
Actively promote the establishment of long-term strategic partnerships between the host enterprises and the supporting parts enterprises, actively promote the expansion of the host parts enterprises to the upstream parts industry, and enhance the supporting production capacity of enterprises.
Through policy guidance and support, we actively promote mergers and acquisitions and reorganizations among component companies, establish several large-scale basic component companies, and enhance the market development and R&D capabilities of component companies.
For domestic parts and components that meet the technical standards, we will actively increase the localization rate.
Machinery industry: demand-oriented and demand-driven
On January 9, 2009, the Ministry of Industry and Information Technology held a symposium on the work of some machinery industry associations in Beijing, and formed five suggestions for the equipment manufacturing industry conference: