"The equipment manufacturing revitalization plan will vigorously promote China's equipment autonomy and enhance the core competitiveness of 'Made in China'," said Zheng Jianhua, vice president of Shanghai Electric (Group) Corporation and president of Shanghai Electric Power Station Group.
The equipment manufacturing industry adjustment and revitalization plan reviewed and approved in principle by the State Council on the 4th was regarded as a major positive by the industry. It will stimulate the equipment manufacturing industry known as the “working machine†to accelerate independent innovation, get rid of import dependence and promote industrial structure upgrading. .
"Three highlights" boost industry confidence
The revitalization plan emphasizes the strategic position of the equipment manufacturing industry and requires key projects in the fields of high-efficiency clean power generation, UHV power transmission and transformation, coal mining and metal mining, natural gas pipeline transportation and liquefaction storage and transportation, high-speed railway and urban rail transit. Targeted domestic production of key products; combined with key projects in large industries such as steel, automobiles, and textiles, promote equipment autonomy.
Yu Aibin, a senior analyst of Guoxin Securities Machinery Industry, said that the state has attached great importance to the equipment manufacturing industry for a long time. This plan is an emphasis and supplement to the "Opinions on Accelerating the Revitalization of Equipment Manufacturing Industry" issued by the State Council in June 2006, and On this basis, there are three highlights:
The first is to emphasize the localization of equipment based on key projects. Domestic equipment manufacturing enterprises have long been waiting for this article. At present, with the advancement of the country's 4 trillion yuan investment plan, a large number of infrastructure construction projects have started, which has brought about a large increase in demand for major technical equipment.
Secondly, the emphasis on basic components has been significantly enhanced. Dong Yaguang, chief analyst of Guojin Securities Machinery Industry, pointed out that China's equipment manufacturing industry has long been a "strong machine, weak parts" pattern, such as construction machinery in the whole machine, domestic enterprises have achieved world leading, but in the key zero Parts such as engines and hydraulic parts also need to be imported from abroad. "If the state can support the independent research and development of certain key components, it is believed that the promotion will be obvious."
The third is to support the joint restructuring of key enterprises. Yu Aibin said that at present, foreign equipment giants such as GE and Siemens have comprehensive service capabilities such as general contracting, integration and R&D and manufacturing. However, most domestic equipment companies are mainly manufacturing, processing and even simple assembly, and their overall competitiveness is not strong. If the government promotes joint reorganization of the industry through administrative coordination, it is extremely beneficial for leading enterprises to become bigger and stronger through outsourcing.
The equipment manufacturing industry adjustment and revitalization plan is based not only on the current relief, but also on the long-term development of the industry, boosting industry confidence and positive response from the capital market. On February 5th, the machinery sector in Shanghai and Shenzhen stock markets rose significantly. Although the market volatility fell in the afternoon, Huitong Energy and Beiren shares remained strong daily limit, and the northwest bearing rose more than 5%.
Promote equipment autonomy and get rid of import dependence
Experts pointed out that equipment autonomy is the biggest highlight of this plan. The mechanical equipment manufacturing industry is a strategic industry that provides technical equipment for all sectors of the national economy. It is a “working machine†that maintains the national economy and people's livelihood. It not only represents a country's technological innovation capability and manufacturing development, but also relates to national economic security. .
Shanghai Tunnel Engineering Co., Ltd. is the only composite enterprise in the world that integrates R&D, design, manufacture and construction of shield machine. Its technical indicators of subway shield machine have reached the international advanced level, and the price is about imported shield machine. 2/3. Chen Bin, chairman of the company, said that so far, in addition to the Shanghai tunnel shares can play the Chinese own brand, the domestically produced shield machines are all Americans Robinson, Germany Herrenknecht, Japan Mitsubishi and other foreign companies supporting or co-manufacturing . The key components of the joint venture's production of shield machines are imported, which not only has little power for domestic upstream and downstream industries, but also these projects are often subject to people due to untimely supply, technology and service "card neck". Even have to let the foreign party ask for the price.
The equipment manufacturing industry adjustment and revitalization plan reviewed and approved in principle by the State Council on the 4th was regarded as a major positive by the industry. It will stimulate the equipment manufacturing industry known as the “working machine†to accelerate independent innovation, get rid of import dependence and promote industrial structure upgrading. .
"Three highlights" boost industry confidence
The revitalization plan emphasizes the strategic position of the equipment manufacturing industry and requires key projects in the fields of high-efficiency clean power generation, UHV power transmission and transformation, coal mining and metal mining, natural gas pipeline transportation and liquefaction storage and transportation, high-speed railway and urban rail transit. Targeted domestic production of key products; combined with key projects in large industries such as steel, automobiles, and textiles, promote equipment autonomy.
Yu Aibin, a senior analyst of Guoxin Securities Machinery Industry, said that the state has attached great importance to the equipment manufacturing industry for a long time. This plan is an emphasis and supplement to the "Opinions on Accelerating the Revitalization of Equipment Manufacturing Industry" issued by the State Council in June 2006, and On this basis, there are three highlights:
The first is to emphasize the localization of equipment based on key projects. Domestic equipment manufacturing enterprises have long been waiting for this article. At present, with the advancement of the country's 4 trillion yuan investment plan, a large number of infrastructure construction projects have started, which has brought about a large increase in demand for major technical equipment.
Secondly, the emphasis on basic components has been significantly enhanced. Dong Yaguang, chief analyst of Guojin Securities Machinery Industry, pointed out that China's equipment manufacturing industry has long been a "strong machine, weak parts" pattern, such as construction machinery in the whole machine, domestic enterprises have achieved world leading, but in the key zero Parts such as engines and hydraulic parts also need to be imported from abroad. "If the state can support the independent research and development of certain key components, it is believed that the promotion will be obvious."
The third is to support the joint restructuring of key enterprises. Yu Aibin said that at present, foreign equipment giants such as GE and Siemens have comprehensive service capabilities such as general contracting, integration and R&D and manufacturing. However, most domestic equipment companies are mainly manufacturing, processing and even simple assembly, and their overall competitiveness is not strong. If the government promotes joint reorganization of the industry through administrative coordination, it is extremely beneficial for leading enterprises to become bigger and stronger through outsourcing.
The equipment manufacturing industry adjustment and revitalization plan is based not only on the current relief, but also on the long-term development of the industry, boosting industry confidence and positive response from the capital market. On February 5th, the machinery sector in Shanghai and Shenzhen stock markets rose significantly. Although the market volatility fell in the afternoon, Huitong Energy and Beiren shares remained strong daily limit, and the northwest bearing rose more than 5%.
Promote equipment autonomy and get rid of import dependence
Experts pointed out that equipment autonomy is the biggest highlight of this plan. The mechanical equipment manufacturing industry is a strategic industry that provides technical equipment for all sectors of the national economy. It is a “working machine†that maintains the national economy and people's livelihood. It not only represents a country's technological innovation capability and manufacturing development, but also relates to national economic security. .
Shanghai Tunnel Engineering Co., Ltd. is the only composite enterprise in the world that integrates R&D, design, manufacture and construction of shield machine. Its technical indicators of subway shield machine have reached the international advanced level, and the price is about imported shield machine. 2/3. Chen Bin, chairman of the company, said that so far, in addition to the Shanghai tunnel shares can play the Chinese own brand, the domestically produced shield machines are all Americans Robinson, Germany Herrenknecht, Japan Mitsubishi and other foreign companies supporting or co-manufacturing . The key components of the joint venture's production of shield machines are imported, which not only has little power for domestic upstream and downstream industries, but also these projects are often subject to people due to untimely supply, technology and service "card neck". Even have to let the foreign party ask for the price.
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