The equipment manufacturing industry going into the trend of light into more favorable

Source：Updated：2015-06-12 08:47:15

This year, China's equipment manufacturing industry has risen to a strategic height, the country actively encourage and support equipment manufacturing enterprises to overseas. The State Council in May 16th released the guidance on promoting international capacity and equipment manufacturing cooperation.. This is to promote China's equipment to enter the international market, optimize the structure of foreign trade, and promote the transformation and upgrading of domestic industries, has a positive meaning to realize the quality and efficiency of economic.
In recent years, China's potential economic growth rate tends to decline, domestic overcapacity is still prominent, and from the iron and steel, cement, electrolytic aluminum industry photovoltaic, carbon fiber and other industries to the spread of the trend, some of the industry's production capacity has been close to or reached a historical peak, over reliance on stimulating investment and the expansion of the scale of unsustainable development model, there is an urgent need to strengthen international cooperation in capacity, accelerate our country has comparative advantage in the industry to go out, for the transformation and upgrading of the manufacturing sector to gain time and space.
In the global industrial structure and speeding up the adjustment, China's economic development has entered a new normal background, promoting the international production and equipment manufacturing cooperation, conducive to go out of our country productivity advantages, enhance the core competitiveness of enterprises; is conducive to promote the transformation of economic structure adjustment and industrial upgrading; is conducive to promoting a new round of high level of opening up, enhance international competitive advantages; is conducive to deepening the mutually beneficial cooperation between China and relevant countries, and promote the local economic and social development.
After many years of accumulation, China's equipment manufacturing industry sustained and rapid development, industrial scale, technical level and international competitiveness increased dramatically, has the important position in the world, the international production and equipment manufacturing cooperation has achieved initial success. In the first quarter of this year, China's equipment manufacturing foreign direct investment continued to grow, reaching $960000000. China non-financial enterprises in the world and the region to carry out investment in 143 countries, overseas direct investment of $25790000000, an increase of 29.6%.
China's equipment manufacturing industry going out has entered the crucial period that upgrade, to achieve greater scope and at a higher level to go out, we must further optimize the institutional environment in which manufacturing can lightly armed to go out. This time, the State Council issued a document to promote the Chinese equipment to go out, will accelerate the pace of China's industrial restructuring and upgrading, and then improve the overall competitiveness of the equipment industry. It is foreseeable that the future of China's equipment manufacturing industry exports and overseas investment, will reach a new height.