Yesterday (December 12), the General Office of the State Council issued a detailed implementation plan for the adjustment and revitalization of the equipment manufacturing industry. The planning period is from 2009 to 2011. The revitalization planning rules mentioned that we must rely on ten major areas of key projects to revitalize the equipment manufacturing industry.
The key projects in these ten areas are: high-efficiency clean power generation, UHV power transmission and transformation, mining of coal and metal mines, natural gas pipeline transportation and liquefaction storage and transportation, high-speed railways, urban rail transit, agriculture and rural areas, infrastructure, ecological environment, and People's livelihood and major science and technology projects.
It is not difficult to see from the details that industrial upgrading and technological progress are the core of the revitalization of the equipment manufacturing industry, and the key support for the equipment manufacturing leading enterprises is to reorganize cross-industry, cross-regional and cross-ownership ownership, and gradually form a project general contracting, system integration, international trade and financing. Capability of large enterprise groups. The rules also mentioned the enhancement of independent innovation capabilities and the increase of professional production levels.
To change the mode of industrial development, the revitalization plan proposes that overseas resources and markets should be used. We must fully absorb advanced overseas management experience and selectively introduce advanced technologies to create favorable conditions for overseas professional and technical personnel to return to China and improve the technical level of China's equipment manufacturing industry. Support conditional companies to merge and restructure foreign companies and R&D institutions. Stabilize and expand the export of equipment products, and increase the technological content, added value, and complete sets of products for export products.
In terms of policies and measures, we must give full play to the role of value-added tax policies in promoting the technological advancement of enterprises, encourage enterprises to increase technological transformation, accelerate equipment renewal, adjust product structure, and promote technological advancement of enterprises. And establish a risk compensation mechanism using the first domestic (set) equipment. Encourage insurance companies to carry out the first domestic (set) major technical equipment insurance business.
In addition to supporting the export of equipment and products, as well as adjusting tax incentives, etc., the details are also proposed to promote corporate mergers and reorganization. Formulate policies and measures to encourage cross-regional, cross-industry and cross-ownership restructuring of domestic enterprises, properly address issues such as the resettlement of surplus personnel, debt verification and disposal, and the distribution of fiscal and taxation benefits; issue stocks, corporate bonds, corporate bonds, medium and long-term bills, and Short-term financing vouchers and application for loans are supported; domestic companies may be granted interest-bearing support for related project loans by merging overseas manufacturing companies and R&D institutions. Financial institutions are encouraged to conduct domestic and overseas M&A loan operations under conditions of risk control.