There are five preferential policies for the expor

  • Detail

A person from the Ministry of Commerce said at the China Equipment International Chemical Engineering Development Forum last week that the state has issued a series of preferential policies for the export of large complete sets of equipment, and enterprises should make full use of these policies

five preferential policies

the businessman 2 According to a person from the Department of electromechanical and science and technology industries of the Ministry of environmental affairs, the state has five promotion policies for the export of large complete sets of equipment

first, support for R & D expenses of mechanical and electrical product export enterprises. Every year, the Ministry of Commerce has 100million yuan to subsidize the export enterprises of mechanical and electrical products for research and development. The maximum subsidy for each project is 2million yuan. This subsidy is in the form of compensation in which the mechanical properties of non plastic materials under pressure when the stress is less than the yield limit are basically the same as those under tension. It is a free subsidy. Enterprises affiliated to SASAC may apply directly to the Department of electromechanical and science and technology industries of the Ministry of Commerce

the second is the discount interest on the loans for the renewal and transformation of mechanical and electrical products. The amount is 300million yuan per year, which is used for the subsidy of interest discount for mechanical and electrical enterprises to apply for loans from banks for technological transformation. This interest subsidy means that after the enterprise applies for a loan from the bank, the interest generated by the loan every year is paid by this fund. This project can also be applied for through SASAC

third, the international market development funds for small and medium-sized enterprises. The scale of this fund is 500million yuan per year. It is for all small and medium-sized enterprises in China, that is, enterprises with an export volume of less than 10million US dollars. It is a subsidy for export enterprises to go abroad to organize exhibitions, prepare export tenders, and go abroad for investigation and travel

fourth, export credit and export credit insurance. At present, many enterprises may just start their projects, and in the future, they may bid mainly by themselves. In this way, foreign owners will require enterprises to provide an export credit, including buyer's credit and seller's credit. In terms of financing, the Export Import Bank of China, as a national policy bank, provides financing conditions with relatively favorable interest rates. In addition, in terms of export credit insurance, China export credit insurance corporation can provide support

fifth, government preferential loans. For some large-scale complete sets of projects that enterprises participate in abroad, including bidding for foreign contracted projects, if the foreign party requests, it can apply for government preferential loans for foreign aid. It has a lower interest rate than the export import bank

According to statistics, China's total export of mechanical and electrical products in 2005 was 426.7 billion US dollars, of which the export of large complete sets of equipment accounted for 10%, more than 40billion US dollars. In 2005, China's large-scale complete sets of equipment in several major industries grew rapidly, of which the export of power generation and transmission and transformation equipment was nearly 20billion US dollars, a year-on-year increase of 27%; Ship exports reached US $4.65 billion, a year-on-year increase of 47%; The export of communication equipment reached US $4.23 billion, a year-on-year increase of 34%; The export of locomotive and rolling stock was more than 500 million US dollars, with a year-on-year increase of 44.4%; Aircraft exports reached more than 30 million US dollars, up 200% year on year

this person from the Ministry of Commerce pointed out that with the support of various national policies, the export of large complete sets of mechanical and electrical equipment in China has entered a period of rapid development. There are certain favorable conditions for further expanding the export of large complete sets of equipment. First of all, with the rapid development of the national economy and scientific and technological progress, the overall technical level and competitiveness of China's industry have been greatly improved. The State Council has also recently formulated some policies, the most important of which is the opinions on revitalizing the equipment manufacturing industry. Second, although China's Electromechanical industry started relatively late, and its overall design and manufacturing level is still lower than that of western developed countries, and it is difficult to export complete sets of equipment that can meet the technical requirements of the whole process and open the markets of western developed countries, we also have our own advantages. Our products are cost-effective, cheap, economical and practical, and are more suitable for some developing countries in Asia, Africa and Latin America. Developing countries that are short of funds have considerable competitiveness. Thirdly, in recent years, Chinese enterprises have successfully exported many large-scale complete sets of equipment to developing countries, and have established a good reputation, accumulated experience and trained a number of talents. At present, Chinese enterprises' participation in foreign investment and bid negotiation projects is increasing year by year. The export of large complete sets of equipment has become a major driving force to promote the export of China's mechanical and electrical products

the person also reminded enterprises and relevant departments to pay attention to the problems existing in the export of China's large complete sets of equipment. First, the order is chaotic and the problem of vicious competition is serious. Second, the information of export enterprises is not very smooth, the market development is not enough, and some enterprises have some difficulties in financing. Third, there are still some gaps between the technology level and the developed countries with low access. Enterprises are not enough in investment, research and development, technological transformation and so on

Copyright © 2011 JIN SHI