Trade warning
Release time:
2020-12-29 09:26
Source:
On December 28, the National Development and Reform Commission and the Ministry of Commerce publicly released the Catalogue of Industries Encouraged for Foreign Investment (2020 Edition) (hereinafter referred to as the 2020 Edition of the Encouraged Catalogue). According to reports, the 2020 edition encourages a total of 1235 entries in the catalog, an increase of 127 over the 2019 edition, further expanding the scope of investment encouragement, focusing on increasing entries in manufacturing, producer services, and the central and western regions. Among them, 65 articles were added nationwide, 62 articles were added in the central and western regions, an increase of more than 10%; 88 articles were revised, mainly to expand the coverage of the original article.
The relevant person in charge of the National Development and Reform Commission pointed out that the previous revision cycle of the encouraged catalog was 3-5 years, and this revision is only one year after the previous edition. This is an important measure to further stabilize foreign investment under the current situation. The general consideration is to implement the decision and deployment of the Party Central Committee and the State Council to stabilize foreign investment, actively respond to the complex changes in the external environment and the downward trend of global cross-border investment, adhere to the direction of expanding opening up and attracting foreign investment, adhere to the simultaneous promotion of incremental, stable stock, and quality. Further expand the scope of encouraging foreign investment, focus on increasing the number of manufacturing, producer services, and central and western regions, guide foreign investment, boost foreign confidence, promote the basic stability of foreign investment and the stability of the industrial chain supply chain.
The person in charge further pointed out that, in terms of specific areas, the 2020 edition of the Encouragement Catalog further encourages foreign investment in advanced manufacturing and enhances the resilience of the supply chain of important industrial chains. In high-end manufacturing areas such as artificial intelligence and integrated circuits, new or modified items such as integrated circuit packaging and test equipment manufacturing, laser projection equipment, ultra-high-definition TVs, ventilators, ECMOs, artificial intelligence-assisted medical equipment, etc. In the field of new materials and green environmental protection, a number of entries have also been added. At the same time, we should further encourage foreign investment in modern service industry and improve the development quality of service industry, including R & D and design, business services, modern logistics, information services and other fields.
In addition, the new version of the catalog also further encourages foreign investment in advantageous industries in the central and western regions to promote coordinated regional development. Heilongjiang, Yunnan and other provinces added agricultural products (7.170, 0.00, 0.00) processing, tourism development and other items. Henan, Shaanxi, Guangxi and other provinces to add medical equipment, epidemic prevention and protection supplies, raw materials production and other items. In Hubei, Sichuan, Chongqing and other provinces to add semiconductor materials, industrial ceramics and other items. Anhui, Shaanxi and other provinces have added new vocational college entries. Hainan added trade, shipping, finance, tourism and other related items to support the construction of Hainan's free trade port.
Regarding specific preferential policies, the relevant person in charge of the Ministry of Commerce introduced that those who meet the conditions in the encouraged catalog can enjoy the tariff exemption policy for importing self-use equipment within the total investment; foreign-funded enterprises that encourage industrial establishment in the western region can be reduced The corporate income tax is levied at 15%; for intensive land use to encourage foreign investment in manufacturing projects, priority can be given to the supply of land, when determining the reserve price of land transfer, it can be implemented at a rate of not less than 70% of the lowest price standard corresponding to the national industrial land transfer.
The person in charge pointed out that the release of the new version of the encouragement catalog is conducive to better stabilizing foreign investment expectations and confidence, and is conducive to better stabilizing the basic market of foreign trade and foreign investment. The Ministry of Commerce, together with relevant departments, will do a good job in the implementation of the catalogue after its release, so as to help foreign-funded enterprises make full use of the incentive policies. (Economic Reference)
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The company was founded in 1997, currently 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting. The company's process equipment strength, Japan's new east automatic casting line 6, commercial vehicle brake disc automatic casting line 2. There are 56 processing lines -6 full-automatic one-word processing lines and 30 robot processing lines. Packaging cleaning line 5, spraying line 3.
Since the beginning of this year, the price of raw materials has risen sharply, sea freight has soared, and the difficulty of finding a box of shipping space has seriously plagued manufacturing companies. The current power curtailment has made companies even worse. Take our company as an example. Since the power limit in early September, the company's production capacity has dropped by about 50% on average every day. Exports have decreased by 0.02 billion yuan. The performance rate of orders in hand is about 50%. New orders were reduced by 10%. These data are the impact of the current power rationing on enterprises. If the power rationing situation is not alleviated, the impact on enterprises in the fourth quarter will be more serious.
Recently, Yunnan, Jiangsu, Qinghai, Ningxia, Guangxi, Guangdong, Sichuan, Henan, Chongqing, Inner Mongolia, Henan and other places have begun to carry out energy control measures to limit energy consumption.
The total power generation in 021 is not low. In the first half of the year, China's total power generation was 3871.7 billion kWh, twice that of the United States. At the same time, China's foreign trade has grown extremely fast this year. According to data recently released by the General Administration of Customs, in August, the total value of my country's foreign trade imports and exports was 3.43 trillion billion yuan, a year-on-year increase of 18.9 percent, achieving positive year-on-year growth for 15 consecutive months, further showing a steady and solid trend. In the first eight months, the total value of China's foreign trade imports and exports was 24.78 trillion billion yuan, up 23.7 percent year-on-year and 22.8 percent over the same period in 2019.
The impact of the neo-coronary pneumonia epidemic on global supply chains continues, with high international freight rates, container shortages and terminal congestion still unabated, and labor shortages exacerbating the dilemma. The outbreak of the new coronary pneumonia epidemic in 2020, due to the obstruction of international freight, soaring transportation costs, international trade in goods greatly hindered, triggering a supply chain crisis in many countries (regions), since 2021, the new coronary pneumonia virus variant strain raging, so that the supply chain has not yet fully recovered.
Statistics from the China Association of Automobile Manufacturers show that in the first seven months of 2021, China's cumulative automobile exports reached 1.002 million, an increase of 1.2 times year-on-year, but the month-on-month growth was only 9.8 percent, showing a shrinking trend. Moreover, commercial vehicle exports fell 11.6 percent month-on-month, of which new energy commercial vehicle exports fell 57.8 percent month-on-month. It is said that the main reason for the decline in automobile exports is the poor shipping channels.
Product recommend
At present, 4000 a variety of models of automobile brake discs, brake drums with an annual output of 10 million pieces. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
At present, 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
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