Recently, many parties are speeding up the deployment, focusing on key industries such as steel, nonferrous metals, petrochemicals, chemicals, and building materials, listing projects, increasing fiscal STD720-E1HS4AS-1  and tax financial support, improving the guarantee of land and energy use factors, and promoting large-scale equipment renewal in the industrial field. Industry research is expected that with the release of favorable policies, the annual scale of equipment renewal in China’s industrial field is about 4 trillion yuan.

A number of experts interviewed by the Economic Information Daily reporter said that industry is both the supply side of all kinds of equipment and the demand side of equipment. Promoting the upgrading of industrial equipment in the direction of high-end, intelligent, green and safe will further stimulate effective investment, improve the quality and efficiency of development, and promote the overall competitiveness of China’s STD720-E1HS4AS-1  manufacturing industry by upgrading equipment.

The industrial field has sufficient potential for equipment renewal

STD720-E1HS4AS-1 

A few days ago, The State Council issued the “Action Plan to promote large-scale equipment renewal and the replacement of consumer goods with old ones” (hereinafter referred to as the “Action Plan”), which clearly states that “focusing on key industries such as steel, nonferrous metals, petrochemical, chemical, building materials, electric power, machinery, aviation, shipping, textile, electronics and so on, vigorously promote the renewal STD720-E1HS4AS-1  and technological transformation of production equipment, energy use equipment, transmission and distribution equipment”. It is proposed that by 2027, the scale of investment in industrial equipment will increase by more than 25% compared with 2023, the energy efficiency of major energy-using equipment in key industries will basically reach the level of energy saving, and the penetration rate of digital R & D and design tools of industrial enterprises above designated size and the numerical control rate of key processes will exceed 90% and 75% respectively.

China’s industrial equipment scale is large, the renewal potential is sufficient. Yu Xiaohui, president of the China Academy of Information and Communications Technology, said that at the end of 2023, the assets of industrial enterprises above designated size in STD720-E1HS4AS-1  China have exceeded 167 trillion yuan, and the number of key equipment in the world is leading, such as the number of industrial robots accounting for one-third of the world, and the newly installed capacity exceeds half of the global total.

Zheng Zhajie, director of the National Development and Reform Commission, said at a press conference on the economic theme of the Second session of the 14th National People’s Congress that the demand for equipment renewal will be a huge market with an annual scale of more than 5 trillion.

“According to historical data, China’s industrial equipment investment accounts for more than 70% of the whole society’s equipment investment, which is an important force for equipment renewal.” According to this estimate, the annual scale of equipment renewal in China’s industrial field is about 4 trillion yuan.” China electronics information industry Development Research Institute planning industrial investment research office director Fan Meng told reporters.