200 billion special re-loan for equipment renovation: a shot in the arm to promote the development of manufacturing industry

The establishment of special refinancing for equipment upgrading will have a great impact on promoting equipment upgrading and upgrading in weak areas of economic and social development, expanding manufacturing market demand, and promoting the recovery of consumption as the main driver of the economy. effect. It can be said to be a shot in the arm to promote the development of manufacturing industry.

Manufacturing industry is the main body of the national economy, which directly reflects the productivity level of a country. It can be said to be the foundation of a country, the tool for rejuvenating the country, and the foundation of a strong country. Looking at the development history of various countries since the Industrial Revolution, we can see that the prosperity of the country is inseparable from the prosperity of the manufacturing industry. Therefore, vigorously developing manufacturing and enhancing the international competitiveness of my country's manufacturing industry is the only way for my country to improve its comprehensive national strength, ensure national security, and build a world power.

During the "Thirteenth Five-Year Plan" period, my country's industrialization process has generally entered a new stage of development in which industrialization has been basically realized, and the manufacturing industry has also begun to show momentum for structural improvement. The growth rate of manufacturing industry is slowing down, it is transforming towards green and sustainable direction, actively moving towards high-end and high value-added direction, the pace of transformation towards intelligence and service-oriented is accelerating, and the proportion of advanced manufacturing industry is constantly increasing. The Fifth Plenary Session of the 19th Central Committee of the Communist Party of China once again emphasized the strategic task of "unswervingly building a manufacturing power". During the "14th Five-Year Plan" period, on the basis of basing ourselves on the new development stage, implementing new development concepts, and building a new development pattern, our country will Embarking on a new journey of transforming from a "manufacturing power" to a "manufacturing power", the structural adjustment of the manufacturing industry will be further advanced.

At the end of December 2021, the "14th Five-Year Plan for Intelligent Manufacturing Development" was released, closely following the characteristics of intelligence, focusing on technology and equipment, and striving to achieve above-scale manufacturing by 2035 Industrial enterprises will be fully popularized in digitalization and networking, and key enterprises in key industries will be basically intelligent.

The 200 billion equipment renewal loan is mainly directed to the social field, new infrastructure and manufacturing transformation and upgrading. It will directly promote investment in equipment renewal in these fields, enhance the independent innovation capabilities of the manufacturing industry, and deepen the industry. Reform has a great positive effect in forming a driving force for high-quality development.

At the same time, equipment renewal and refinancing provides financial support for equipment renewal and transformation in 10 fields at an interest rate of no more than 3.2%, which is much lower thanThe weighted average interest rate level of corporate loans (4.16% in June) will also stimulate the credit demand of relevant entities in the short term, assist the process of credit easing, and help promote the comprehensive transformation and upgrading of the economy.