The most popular the Belt and Road promotes the eq

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In March, 2015, the national development and Reform Commission and other departments jointly released the vision and action to promote the joint construction of the Silk Road Economic Belt and the 21st century Maritime Silk Road. In May, 2015, The State Council issued the guiding opinions on promoting international production capacity and equipment manufacturing cooperation, and the "going global" of China's equipment manufacturing industry was officially put on the important agenda

the development of China's equipment manufacturing industry urgently needs to "go global"

(I) China's equipment manufacturing industry has the strength and conditions to "go global"

in 2014, the output value of China's equipment manufacturing industry has exceeded 20trillion yuan, accounting for more than 1/3 of the global equipment manufacturing industry, ranking first in the world. The number of Enterprises above Designated Size in China's equipment manufacturing industry has reached 82000. The total assets of the equipment manufacturing industry have reached about 18 trillion yuan, the main business income has reached 22.2 trillion yuan, and the total export volume has reached 2.1 trillion yuan, of which the export volume of railway locomotives is about 4billion dollars, accounting for 10% of the global market share. At present, high-speed rail, nuclear power and other fields in China's equipment manufacturing industry have been recognized by the international market and have a very high reputation. China's equipment manufacturing industry has obvious competitive advantages in many aspects, such as quality, price, general contracting duration and later maintenance services, with high cost performance

(II) China's equipment manufacturing industry urgently needs to rely on "going out" to resolve overcapacity

for some time, overcapacity in industrial fields including equipment manufacturing industry has become the biggest problem perplexing China's economic operation. For a long time to come, China will face great pressure to digest excess capacity. At present, with the overall development of China's industrial economy entering the new normal, the economic growth has slowed down significantly, and the international economic growth is also relatively weak. Under this background, China's traditional export destination countries are relatively single. The markets of these countries are close to saturation, and their demand is difficult to grow significantly in the short term. The proposal of the "the Belt and Road" strategy provides a new way to digest domestic overcapacity, will significantly accelerate the "going global" pace of China's overcapacity, and will effectively promote the transformation and upgrading of China's industries, including equipment manufacturing

(III) forcing equipment manufacturing enterprises to improve their competitiveness through "going global"

there has always been a problem of "big but not strong" and "big but not excellent" in China's manufacturing industry. By encouraging and supporting equipment manufacturing enterprises to "go global", more national enterprises can enter the international market and compete with those multinational companies with strong strength and advanced technology, The brutal market competition will force China's equipment enterprises to strive to improve production technology, superior product quality and service level, encourage national enterprises to improve their own quality and build their core competitiveness. At present, vigorously supporting China's equipment manufacturing enterprises to "go global" and strengthening international production capacity cooperation will help overcome the negative impact of the current economic downturn. At the same time, it will also promote Chinese manufacturing from the middle and low end of the industrial chain to the high end, and help China become a world manufacturing power as soon as possible

(IV) reversing the bad reputation of Chinese manufactured goods by "going out"

for quite a long time since the reform and opening up, restricted by the development conditions, China's manufacturing industry has widely adopted the OEM manufacturing mode, and many national enterprises in China have long lacked their own brands. For a long time, cost advantage has become the main competitive advantage of domestic manufacturing enterprises. Therefore, most domestic enterprises are engaged in the production and manufacturing of labor-intensive, low value-added and low technology products. As a result, the labor-intensive and capital intensive products with low value-added account for the largest proportion of China's exports, which has formed a bad reputation of inferior quality and low price of China's manufactured goods in the international market. Therefore, there is an urgent need to develop some "star products" to change the negative perception of made in China in the international market. The "going out" of high-end equipment industries such as high-speed rail, nuclear power and construction machinery will shoulder this important mission

"the the Belt and Road" has brought major opportunities for China's equipment manufacturing industry to "go global".

(I) opportunities brought by infrastructure construction.

most of the countries along the the Belt and Road are developing countries and emerging economies. The total population of these countries is about 4.4 billion, accounting for 69% of the global population; The market demand for infrastructure construction is about US $1.12 trillion, accounting for 29% of the global market share. The total investment demand for infrastructure construction in these countries in the next 10 years is about 5billion yuan, and the market space is extremely broad. At present, except Vietnam, India, Qatar and Mongolia, the total fixed capital formation of many countries along the "the Belt and Road" accounts for less than 30% of their GDP. In the future, the fixed capital formation of these countries will experience a rapid growth process. From the perspective of Central Asia and ASEAN countries, except Singapore, most countries are not very industrialized and their infrastructure construction is still relatively backward. In the future, the demand for energy equipment and infrastructure such as railways, pipelines, airports, ports, nuclear power and telecommunications in these countries will continue to grow, which provides a huge market space for China's equipment manufacturing industry to "go global"

(II) opportunities brought by deepening industrial investment cooperation

in the future, strengthening industrial investment and cooperation among countries along the "the Belt and Road", especially deepening investment and cooperation in equipment manufacturing, is the need of countries to promote the industrialization process, an important path to promote the in-depth social and economic integration of countries along the the Belt and Road, and a key area of the strategic construction of the "belt and road". In the future, China's equipment manufacturing industry will comply with the trend of industrial transformation and upgrading in many countries along the "the Belt and Road", and actively encourage and support China's equipment manufacturing enterprises to "go global" to invest and start businesses in these countries. Domestic qualified equipment enterprises can adopt cooperative investment to build relevant industrial parks, or establish R & D centers in countries or regions with high scientific and technological level, make full use of the host country's science and technology and human resources, promote local industrial upgrading and increase employment, and enhance the comprehensive strength of China's equipment manufacturing related enterprises. Complete industrial transfer through industrial investment cooperation with countries along the "the Belt and Road" and strengthen production capacity cooperation with relevant countries

(III) opportunities brought by technology export

the eastern end of the "the Belt and Road" is a prosperous Asia Pacific Economic Circle, while the western end is a developed European economic circle. China and Central Asia are in the middle of an economic depression. The greater the development gap between countries and regions, the greater the development potential in the future. At present, many emerging economies and developing countries along the "the Belt and Road" are eager to take China's economic express and have strong technical demand. After years of development, China's high-end equipment manufacturing industry has become more and more mature, and has owned a number of new technologies and products with high competitiveness. At the same time, China's manufacturing technology in some key domestic fields has changed from completely relying on the introduction from abroad to mainly exporting abroad, and the technology spillover effect of made in China has begun to appear

countermeasures and suggestions

(I) establish and improve bilateral and multilateral cooperation mechanisms at different levels

at present, the relevant competent government departments should actively plan, take the initiative to strengthen communication and contacts with countries along the "the Belt and Road", establish multi-level bilateral and multilateral cooperation mechanisms with the above countries, and through the establishment of intergovernmental cooperation mechanisms of countries along the "the Belt and Road", Provide relevant services and support for the "going out" of China's equipment manufacturing industry. In particular, we should actively promote and prepare for the establishment of bilateral or multilateral industrial investment cooperation funds to provide financial support for industrial development and investment among countries. China can also provide financing support for relevant equipment enterprises to "go global" by issuing special bonds. At the same time, the government should try its best to create favorable conditions for Chinese equipment manufacturing enterprises to "go global" and invest abroad through public diplomacy

(II) comprehensively increase the support for equipment manufacturing enterprises to "go global"

at present, the competent government departments should continuously increase the support for China's equipment manufacturing enterprises to "go global" from many aspects. First, strive to provide accurate and rich overseas non-commercial risk early warning information for "going global" equipment enterprises, especially for some countries with unstable political situation or frequent epidemics in Africa and the Middle East, so that domestic "going global" equipment enterprises can better control investment risks. Second, the government should come forward to strive for more overseas preferential policies for China's "going global" enterprises, such as tax exemption policies for related products. Third, we will further streamline administration and delegate power, streamline the cumbersome procedures involved in the "going global" process of China's equipment manufacturing enterprises, such as project approval and employee passport handling, and change the current phenomenon of multiple management in some business management, so as to improve work efficiency

(III) give full play to the supporting and leading role of various intermediary institutions

in the process of "going global" of China's equipment manufacturing industry, we should give full play to the supporting and leading role of various intermediary institutions. In view of the lack of international service system faced by China's equipment enterprises in "going global", the relevant government departments can take the lead and actively participate in the establishment of a number of specialized foreign-related intermediary organizations to provide strategic planning, law, information, consulting, intellectual property rights, certification and other services for China's equipment enterprises in "going global". All kinds of industry associations should be encouraged to play their role to the greatest extent in the "going global" of equipment enterprises, encourage industry associations to learn more about some foreign market needs, host country's domestic industry development policies, major competitors and other information, and support intermediary institutions to set up offices in more key regions. At the same time, all intermediary organizations should take the initiative to strengthen the industry self-discipline and maintain the market competition order of "going out" of China's equipment enterprises by relying on Jinan new period assay instrument Co., Ltd., a large manufacturer specializing in the production of experimental machines, which is worthy of your trust

(IV) supervise and urge equipment manufacturing enterprises to fulfill relevant social obligations

China's "going global" equipment manufacturing enterprises should improve their awareness of environmental protection and fulfill the social obligations of environmental protection. In the process of "going global", enterprises should fully consider the environmental impact assessment price, ecological compensation (ecological service fee) and other factors, advocate enterprises to establish the concept of environmental protection, respect the religious beliefs and customs of the host country, the current popular habits of the automotive industry, protect the legitimate rights and interests of workers, and achieve a "win-win" between self-profit and environmental protection. Investment and cooperation projects must obtain environmental protection permission from the local government according to law, and fulfill environmental protection legal obligations such as environmental impact assessment, up to standard discharge, environmental emergency management, etc. Encourage relevant equipment enterprises to be in line with international standards, study and learn from the environmental protection principles, standards and practices adopted by international organizations and multilateral financial institutions, so as to improve their own competitiveness and reduce their environmental and legal risks

(V) focus on strengthening the talent guarantee for the "going out" of the equipment manufacturing industry“

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