China's manufacturing industry has obvious advantages

In April this year, the State Council made it clear that promoting the "going out" of Chinese equipment is an important task for this year's economic restructuring.

The State Council executive meeting held on May 6th also deployed cooperation to promote international production capacity and equipment manufacturing. Equipment "going out" is highly anticipated.

Chinese equipment "going out" has a strong comparative advantage, but it also faces some difficulties and bottlenecks. How can China's equipment manufacturing industry, which accounts for one-third of global production value, play a more active role in the international arena? What reform supporting measures need to be implemented to create a better market environment for “going out”? How to solve the "going out" financing difficulties and financing expensive dysentery? How can "Made in China" and "China Standard" be both "going out"?

In response to these problems, the version of the Sankei Plaza will successively introduce four reports for reference by relevant parties and readers.

President Xi Jinping’s visit has pushed China’s equipment “going out” on many occasions, and he clearly has to create “flagship projects” in such areas as nuclear power. Premier Li Keqiang even took up the "salesman" of Chinese equipment and said that "to build high-speed railways and nuclear power, under the same quality, China's equipment may be the fastest construction and lowest cost."

Equipment, economic development necessary; equipment, the country must be strong.

China’s equipment is becoming a shining new national “business card” and sailing into the sea.

“Going out” and “good voice” are frequently reported that the output value of equipment manufacturing industry exceeded 20 trillion yuan last year, accounting for 1/3 of the global

On April 13th, AVIC’s acquisition of U.S. U.S. Alliance will provide global aircraft manufacturers with a package solution from parts procurement to integration services;

On April 15, China South Locomotive acquired the world’s second-largest supplier of deep-sea robots, the British SMD Corporation, and China’s giant orbital equipment sneaked into the ocean from land;

On April 28, China Railway Construction and the Nigerian government signed the contract for the Ngongong intercity railway project. All projects use Chinese standards...

China's equipment "goes out" and "good voice" is frequently reported.

"The new leap in the "going out of China's equipment" is exciting." Li Yizhong, chairman of the China Federation of Industrial Economics, feels deeply touched.

There was a period of time when people raised important equipment and people immediately thought of “stupid black and thick.” From the late 1990s to the beginning of this century, many of China's equipment projects encountered difficulties and could not produce products worthy of pride, let alone international competitiveness. Deepening reforms and striving to innovate, China's equipment companies stick to them and finally usher in the harvest season. In 2014, the output value of equipment manufacturing industry exceeded 20 trillion yuan, accounting for 1/3 of the global total, ranking first in the world. Millions of kilowatts of nuclear power units, millions of kilowatts of hydropower units and other large-scale development of major technical equipment in the market have been applied, high-speed rail, 4G communications, etc. in the world has a very high reputation.

With the increase of competitiveness, the pace of “going out” of Chinese equipment is more robust. In 2014, China's equipment manufacturing industry exported 6.8 trillion yuan, accounting for 56.8% of all industrial products. 110 megawatts of wind power opened the Swedish market, railway equipment entered the US metro market, and shipped 12 aircraft to achieve the United States exports ... a group of high-end equipment successfully developed the market in Europe and the United States developed countries.

Equipment "going out" is no longer simply selling products. With the project general contracting and aid construction projects, the number of projects supporting the “going out” of the upstream and downstream industries will continue to increase. Many construction machinery, power generation equipment, and aerospace manufacturing companies have become leaders in the industry by acquiring well-known foreign companies and establishing overseas industrial parks.

Today, China’s equipment has accelerated its “going out” and is more confident.

"China's equipment to go out," the advantages are reflected in many aspects." Ministry of Industry and Information Technology, said the person in charge of the responsible person, first, China is the world's largest manufacturing country, after years of accumulated equipment manufacturing industry, has become relatively sound The modern industrial system has a relatively complete system integration capability. Second, China’s equipment has been fully tested by the market in the construction of domestic infrastructure such as bridges and roads, and has strong international competitiveness. Third, China's equipment has obvious advantages in terms of price, quality, total project duration, and maintenance services, and it is cost-effective. Fourthly, the degree of internationalization of Chinese companies is increasing, and a large number of branches and R&D centers have been set up abroad to better grasp the opportunities in the international market and adapt to the market environment in different countries. “China is already the third largest foreign investor in the world. With the increase in foreign investment, the 'Belt and Road' strategy will inevitably drive more 'going out' of equipment,” said the official.

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