Import of major technical equipment and industrial technology should be bright red

A number of major technical equipment products will be banned and restrictions on imports. A draft of the “Prohibition and Restriction of Imported Major Technical Equipment and Major Industrial Technology Catalogue” led and formulated by the National Development and Reform Commission has been initially prepared.

It is reported that this directory has now entered the comment solicitation stage. A related person of China Machinery Industry Federation said that the first list of major equipment and major industrial technologies prohibited and restricted has not yet been finalized, but petrochemical equipment, instrumentation, engineering machinery, agricultural machinery, metallurgical equipment, environmental protection equipment, CNC machine tools, The industries in nine industries, including coal mining equipment and power equipment, have the highest demands.

This is part of the national policy to revitalize the equipment manufacturing industry. Tax related preferential policies are also being formulated, and the tax inversion that has plagued the equipment manufacturing industry is also being addressed.

This directory aims to prevent the blind and repeated introduction of foreign technology and equipment. The specific directory will be dominated by key stand-alone machines. For key parts and components, basically no restrictions will be adopted.

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