Policy Environment Contributes to Development of Excavator Machinery





Since entering the new century, the mechanical industrial development policy environment is very favorable. Looking to "Twelfth Five-Year", the recommendations of the CPC Central Committee on the development of the national economy, "the 12th Five-Year Plan has clear, this favorable policy environment will continue to maintain and more favorable. In February 2006, the introduction of the State Council on accelerating the revitalization of the equipment manufacturing industry a number of opinions", making the excavator parts industry as the main equipment manufacturing industry has entered a new stage of development to accelerate the revitalization. Around two major policy orientations, with the close collaboration, in-depth research, refinement of policies are rolled out, the equipment requires continuous upgrading of independent, major technical equipment research and major industrial technology development capability significantly enhanced.



Macro-control Speeds Development of Excavator Machinery



The December 2010 meeting of the Political Bureau of the CPC Central Committee clearly accelerate the transformation of economic development as the main line, the implementation of the proactive fiscal policy and prudent monetary policy, accelerate structural adjustment, vigorously strengthen independent innovation, and efforts to protect and improve people's livelihood, consolidate and expand cope with the international financial crisis results to maintain stable and rapid economic development, promote social harmony and stability. It further pointed out a clear direction for the industrial transformation and upgrading of the excavator engine parts. The demand for various industries and equipment innovation will become more urgent in the context of the escalation of the national economy, which is very conducive to the optimization and upgrading of the structure of the demand for machinery products, machinery industry will lead to domestic demand continues to steadily recovering, the machinery industry in the national economy's position is bound to be further enhanced.



"Twelve Five Year" Policies Contributes to Development of Excavator Parts



What particularly exciting is that the seventh session of the Fifth Plenary Session of the party clearly wants to nurture and develop seven strategic emerging industries, the machinery industry accounted for two - high-end equipment manufacturing, new energy vehicles, and five other strategic emerging industries are also inseparable from the support of the machinery industry. And seen in this light, the position and role of the Machinery Industry "12th Five-Year" period will only further improve the development of a more favorable policy environment only, so it is very conducive to the development of the machinery industry. The machinery industry has strong ability to absorb employment, and the employing is over 17 million.