On September 29th, it was learned that in order to promote the stable operation of the machinery industry and support the stable growth of the industrial economy, six departments including the Ministry of Industry and Information Technology, the Ministry of Agriculture and Rural Affairs, and the Ministry of Commerce recently jointly issued the "Work Plan for Stable Growth of the Machinery Industry (2025-2026)", proposing 14 measures from three aspects. The plan specifies the industry development goals for 2025-2026, which are to maintain a stable and positive trend in the operation of the machinery industry, continuously improve the resilience and safety level of key industrial and supply chains, elevate the quality and efficiency of development to a new level, strive for an average annual growth rate of around 3.5% in operating revenue, and break through 10 trillion yuan in operating revenue. The scale of key segmented industries is steadily increasing, the cultivation of new quality productivity is accelerating, the competitiveness of enterprises is further enhanced, the supply capacity of high-quality equipment is significantly improved, and a number of competitive small and medium-sized enterprise characteristic industrial clusters and internationally competitive industrial clusters are cultivated. The plan requires simultaneous efforts from both the supply and demand sides, and multi-party collaboration to stimulate industry growth vitality. Specifically, in terms of expanding effective demand in all aspects, we will deeply tap into the potential of existing markets, cultivate and strengthen new demand, focus on expanding effective investment, promote industrial digital transformation and intelligent upgrading, and deepen open cooperation; In terms of enhancing the supply capacity of high-quality equipment, we will improve the innovation capability of the industry, enhance the resilience and competitiveness of the industrial and supply chains, focus on developing intelligent equipment and systems, strengthen the leading role of standards, and strengthen the construction of quality brands; In terms of stimulating industry growth vitality, we will cultivate high-quality enterprises in a gradient manner, promote regional coordinated development, increase efforts to assist and benefit enterprises, and create a good development ecology. In terms of safeguard measures, the plan clearly states actively introducing policy measures that are conducive to the stable operation of the machinery industry, and regularly evaluating the implementation and effectiveness of policies; Implement tax incentives for industrial mother machines and other enterprises, and increase financial support for equipment enterprises; Establish an economic operation risk warning mechanism for the machinery industry, strengthen economic operation monitoring and scheduling, etc. (New Society)
Edit:Wang Shu Ying Responsible editor:Li Jie
Source:International Business
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