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High-end Machinery: Key Projects Launching for Reform

By CFM , 2015-10-08 02:28:19

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Statistics in the first half showed an increasing tendency in China’s High-Tech Manufacturing Industry. In H1, the added value of High-Tech Manufacturing increased by 10.5%, 4.2 percentage point higher than the whole industry. It took 11.4% share of the industrial added value which is above-scale, increasing by 0.8 percentage point over last year. Products with high-tech or related to the Reform & Upgrade enjoyed a higher increasing speed of production. Among which, the production of industrial robots and railway locomotives increased by 1.3 times and 91% respectively.Other high-tech industry including Urban Railway & Automobiles as well had their production grown by over 25%.

CFM learned that the National Development and Reform Commission would launch a batch of key projects regarding the Intelligent Manufacturing, Green Manufacturing, and High-end Machinery. Simultaneously, NDRC would continue to close down the outdated production facilities, consummate the criteria of outdated production facilities and design a better solution for over production.

“Under the current economic circumstance, to gurantee a steady growth of economy is to invest in a steady pace.” said specialist in the field of economy. By September 30, NDRC had approved 3 railway project with a total value reached to over 109.33 Billion CNY. Besides the Railway, Water Conservation Industry, City Pipe Network Industry and Transportation Industry including Highway, Aviation, and Waterway also welcome a great amount of investment.

In the future five years, with the approval of NDRC, Beijing is planed to build another 12 subways, within which there are 8 lines of subway are expected to start by the end of 2015. Machinery Industry Department of Ministry of Industry and Information Technology of the People’s Republic of China announced to launch 5 Projects regarding 10 key industries including Electric Engineering Equipments, Ocean Engineering Equipments, etc. Five of these projects are expected to be launched by the end of this year.

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