The "equipment manufacturing adjustment and revitalization plan" will be introduced at the end of the year.

Abstract: At the press conference on the industrial operation of the first three quarters of 2009 held by the Ministry of Industry and Information Technology on October 27, Zhang Xiangmu, director of the Equipment Industry Department of the Ministry of Industry and Information Technology, said that there are 9 implementation rules for the Equipment Manufacturing Industry Adjustment and Revitalization Plan. Formulation, five rules have been issued, and four implementation rules will be introduced before the end of the year.
At the press conference on the industrial operation of the first three quarters of 2009 held by the Ministry of Industry and Information Technology on October 27, Zhang Xiangmu, director of the Equipment Industry Department of the Ministry of Industry and Information Technology, said that there are nine implementation rules for the Equipment Manufacturing Industry Adjustment and Revitalization Plan. Five rules have been issued and four more will be issued before the end of the year.
The implementation rules that have been issued include five policies including the transformation of value-added tax, the implementation of special projects for technological transformation, the subsidies for the purchase of agricultural machinery, the increase of the export tax rebate rate for some products, and the adjustment of import key components and raw materials. Zhang Xiangmu said that the policy measures that have been issued should closely follow the assessment and implementation effects, timely adjustment and supplementation; at the same time, in accordance with the changes in the domestic and international economic situation and the needs of industry development, timely strengthen the research and formulation of reserve policies.
Data show that in the first three quarters of this year, the added value of equipment above designated size increased by 11.2% year-on-year, with July, August and September increasing by 15.9%, 16.1% and 16.8% respectively. From January to August, the total profit of the equipment industry increased by 8.06% year-on-year. Among them, January-February fell 24.32% year-on-year, and fell by 6.31% from January to May.
Zhang Xiangmu pointed out that it will speed up the merger and reorganization of enterprises and introduce guidance on accelerating the merger and reorganization of equipment manufacturing enterprises as soon as possible. At the same time, the "First (set) Major Technical Equipment Certification and Demonstration Project Implementation Measures" and "Investment Project Equipment Evaluation Management Measures" will be issued as soon as possible to create a good environment for major technological equipment development and independent innovation.

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