The Ministry of Industry and Information Technology reviewed and adopted the "12th Five-Year Plan" for high-end equipment

Abstract: During the meeting of the China Machinery Industry Federation, yesterday, Zhang Xiangmu, Director of the Ministry of Industry and Information Technology of the Ministry of Industry and Information Technology, revealed that the 12th Five-Year Plan for high-end equipment has been compiled, and the Ministry of Industry and Information Technology has passed the deliberation. The "Twelfth Five-Year Plan" for high-end equipment is mainly divided into five parts: aviation equipment, satellite manufacturing and application, rail transportation equipment manufacturing, marine engineering equipment manufacturing and intelligent manufacturing equipment.

Zhang Xiangmu said that two funds in the five directions have been implemented, namely smart manufacturing equipment and satellite manufacturing and applications. There are 19 projects in the first batch of smart manufacturing equipment, and the state’s subsidy is about 950 million yuan, which is jointly issued by the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Finance.

According to him, the direction of subsidies belongs to the category of intelligent manufacturing equipment. The products with the first set of properties are more important. State subsidies account for 25% to 30% of the sales price of products, and the highest is 50%. The objects of support are both There are project development units and even the first set of use departments, of which the use units account for 80% of state subsidies.

Relying solely on state subsidies cannot support the development of high-end equipment manufacturing. A management team of Harbin Measuring & Cutting Tool Group Co., Ltd. told the "First Financial Daily" that the country's subsidies should be placed in key areas. If there is widespread subsidies, it will not be able to support the development of the industry because many companies lack endogenous power.

As the country implements the development strategy of transforming the economic growth mode, the high-end equipment manufacturing industry will usher in development opportunities. Although the machinery industry currently has excess capacity in some industries, high-end equipment manufacturing still requires a lot of imports.

According to data from Huabao Securities, the import dependency of internal combustion engines, instrumentation, office supplies and food machinery is relatively high. For example, more than 70% of high-power tractors and high-end rice and corn harvesters in agricultural machinery need to be imported or rely on foreign-funded enterprises. More than 80% of high-speed high-speed engines in internal combustion engines need to be imported. High-power pump valves and reactors in petrochemical machinery are 60%. The above needs to be imported, more than 95% of the high-end CNC machine tools in the machine tools need to be imported, and more than 90% of the high-pressure hydraulic pumps in the basic parts need to be imported.

Wang Hexu, an equipment manufacturing analyst at Warburg Securities, believes that a high degree of import dependency provides a huge space for import substitution. Starting from the “12th Five-Year Plan”, China’s high-end equipment import substitution is expected to enter a rapid phase.