The market space for industrial equipment renewal of RMB 4 trillion will open up

The market space for industrial equipment renewal of RMB 4 trillion will open up
03:45, April 25, 2024 Shanghai Securities News

◎ Reporter Li Yanzheng

Large scale equipment update market has huge space and full potential. Recently, Guangdong, Zhejiang, Hunan and other places have introduced policies or carried out industrial demonstration, and taken multiple measures to promote the upgrading of industrial equipment.

Full potential for equipment renewal in the industrial field

On April 29, the government bank enterprise and industrial cooperation docking activity for large-scale equipment update of manufacturing industry in Hunan Province will be held in Changsha. Previously, Hunan carried out five rounds of large-scale investigation, established three lists of production capacity of advantageous products in advantageous industries, technological transformation projects of enterprises, and equipment renewal needs, and planned to promote more than 2000 industrial enterprises to carry out equipment renewal and technological transformation every year within five years.

Some places took the lead in releasing work plans. Guangdong Province recently issued the Work Plan for Promoting Industrial Equipment Renewal and Technological Transformation to Improve Quality and Efficiency, requiring more than 10000 industrial enterprises to carry out technological transformation and digital transformation this year; By 2027, the investment scale of industrial equipment will increase by more than 25% compared with 2023. According to the plan issued by Gansu Province, by 2027, the scale of equipment investment in the industrial field will increase by more than 25% compared with 2023, and more than 1300 technological transformation projects in the industrial field will be organized and implemented.

Fan Meng, director of the Industrial Investment Research Office of the Planning Institute of China Electronics and Information Industry Development Research Institute, calculated by historical data that the annual scale of equipment renewal in China's industrial field is about 4 trillion yuan.

"Promoting equipment renewal and technological transformation in the industrial field is conducive to expanding effective investment and increasing the proportion of advanced production capacity, which is beneficial to both the present and the future," said Shan Zhongde, vice minister of the Ministry of Industry and Information Technology.

Digital transformation of manufacturing industry is the focus

Digital transformation is a major focus of this large-scale equipment update in the industrial field.

Guangdong proposed to promote the in-depth development of intelligent manufacturing, promote the application of intelligent manufacturing equipment and software, promote the whole process intelligence of manufacturing industry with machines for people and data for brains, and accelerate the construction of intelligent factories; Deepen the integration and application of AI technology in R&D design, pilot test certificate, production and manufacturing, marketing service, operation management and other scenarios.

Chongqing proposed to accelerate the digital transformation of state-owned manufacturing enterprises, deepen the implementation of the leading demonstration of "intelligent transformation and digital transformation" of state-owned enterprises, and strengthen the capacity building of state-owned enterprises' digital transformation support units.

UFIDA Network Ye Xiulin, general manager of high-end BG intelligent manufacturing business unit, believes that enterprises should seize the opportunity of equipment update, realize effective integration and utilization of data, optimize business processes and improve decision-making efficiency.

The reporter learned that, next, the Ministry of Industry and Information Technology will focus on large-scale equipment upgrading to promote digital transformation through the integration of "point, line and surface". "Point" refers to building a transformation benchmark; "Line" refers to promoting the collaborative transformation of key industrial chains; "Surface" refers to promoting the digital upgrading of key industrial clusters and key parks. By 2027, the digital transformation of industrial enterprises above the designated size in major industrial provinces and cities and key parks should be fully covered.

Take multiple measures to promote the implementation of renewal and get results

To promote large-scale equipment renewal, we should not only play the decisive role of the market in allocating resources, but also better play the role of government guidance. Local governments are focusing on capital, factor guarantee and other fields to introduce specific support measures.

In terms of financial support, Beijing recently announced the loan discount scheme for equipment purchase and renovation in key areas. Eligible projects will receive 2.5 percentage points of discount interest for a period of two years; Jiangsu also made clear the financial discount interest arrangement for equipment purchase and renovation projects related to manufacturing industry: provincial finance will give 1% discount interest, and city and county levels are encouraged to give another 1% discount interest.

In terms of element guarantee, Hubei proposed to strengthen the guarantee of land use, energy use, environmental assessment and talent elements, and simplify the approval procedures for technical transformation projects that do not use new land and focus on equipment renewal.

In terms of innovation support, Heilongjiang proposed to coordinate innovation resources inside and outside the province, and carry out technological breakthroughs around major technical problems in the manufacturing industry such as power generation equipment, transportation equipment, large complete sets of equipment and intelligent agricultural machinery equipment.

"We will increase fiscal, tax and financial support, strengthen standard guidance, strengthen factor guarantee, establish a collaborative working mechanism, accelerate the implementation of equipment renewal in the industrial field, promote the deep integration of scientific and technological innovation and industrial innovation, in order to accelerate the promotion of new industrialization, develop new quality production capacity, promote the industrialization of scientific and technological innovation achievements, and build modernization supported by advanced manufacturing industry The industrial system provides a solid foundation. " Shan Zhongde said.

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