The Ministry of Industry and Information Technology, together with the National Development and Reform Commission, the Ministry of Science and Technology, the State-owned Assets Supervision and Administration Commission of the State Council, and the State Oceanic Administration, formulated the Medium and Long Term Development Plan for Ocean Engineering Equipment Manufacturing Industry. The plan proposes that by 2015, the annual sales revenue of China's marine equipment will reach over 200 billion yuan, and the industrial value-added rate will increase by 3 percentage points over the end of the “Eleventh Five-Year Planâ€, in which the international market share of offshore oil and gas development equipment will reach 20%. Compared with the world's advanced level, China's marine engineering equipment manufacturing industry is still a wide gap, mainly as follows: industrial development is still in its infancy, the small economies of scale and market share; the weak R & D and innovation, core technology dependent on foreign; It has not yet formed a professional manufacturing capability with strong international competitiveness. It is basically at the low end of the industrial chain; its supporting capacity is severely inadequate; its core equipment and systems mainly rely on imports; its industrial system is not perfect, and the development of related service industries lags behind. To this end, the "Planning" requires that by 2015, the annual sales revenue of marine equipment will reach over 200 billion yuan, of which the international market share of offshore oil and gas development equipment will reach 20%; in 2020, the annual sales revenue will reach over 400 billion yuan, including oceans. The international market share of oil and gas development equipment has reached more than 35%. The "planning" made it clear that China will focus on the needs of marine resources in the four aspects of exploration, exploitation, storage, transportation and services, and accelerate the cultivation and development of relevant key equipment and its key systems and equipment. Focus on the development of semi-submersible drilling rigs with large market demand, drilling vessels, jack-up drilling workover/operation platforms, semi-submersible production platforms, floating production, storage and offloading devices, crane-laying vessels, and large-lift cranes. Ships/floating cranes, deep-sea mooring systems, subsea trees, leakage oil emergency treatment devices, seawater desalination and comprehensive utilization equipment, etc., gradually realize independent design and construction, form a brand, and become the leading product of marine engineering equipment manufacturing industry in China. Hydrulic Motor,Hydraulic Motor For Construction Machine,High-Precison Hydraulic Motor,Precise Motion Control Motor Zhejiang Fenglong Electric Co.,Ltd. , https://www.fenglongelectric.com