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Construction Machinery policies in a smooth transition by wgverbv dfbdfb





Article Author Biography
Construction Machinery policies in a smooth transition by
Article Posted: 03/21/2011
Article Views: 66
Articles Written: 1361
Word Count: 488
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Construction Machinery policies in a smooth transition


 
Business,Business News,Business Opportunities
In 2009, the Chinese Government has issued a "Provisional Regulations of the PRC VAT", "application materials on the import of old excavator forwarded to the Notification," "the equipment manufacturing industry restructuring and revitalization plan," the implementation details and raised export tax rebates such measures, these measures on the development of China's construction machinery industry have far-reaching effects.
    Investment Advisor in the machinery industry researcher Kerry declared that section, in 2009, my Government introduced the policy in part to cope with the impact of financial crisis, to speed up recovery and to promote industrial upgrading, industrial incentives, while others are the face of market conditions, strengthening the construction machinery industry in China to optimizing the system.
    First introduced in "The People's Republic of China Interim Regulations on Value Added Tax", the purchase of equipment, allow companies to deduct the VAT contained in the move to avoid a repetition of the purchasing business equipment tax, on the drive of engineering machinery enterprises with updated technology and equipment to a positive impact; followed by introduction of "old excavator on the import application materials forwarded to the Notification," to reinforce the management of used excavators for more than five years of issuance of import licenses are no longer used excavators. This will improve our management system used import excavators, used excavators to contain a number of poor exports to the Chinese market over many years the status quo and reduce the security risk.
    After May 12, 2009 introduced the "equipment manufacturing restructuring and revitalization plan," the implementing regulations, specifically the need to upgrade our equipment manufacturing industry in the basic technology, basic parts, basic machinery and some basic aspects of the strength, the foundation pieces of development as the key points, this is conducive to speeding up of construction machinery enterprises in the field of technology research supporting documents pace.
    In addition, the director of investment consultancy, said Zhang Yan Lin, 2008, China's export situation of various industries are more severe, construction machinery industry is the same. Since August 2008 to April 2009, the central government has raised export tax rebate rate of 6, involving 12 categories of construction machinery, engineering machinery makes the machine most of the export tax rebate rate increased to 17% to achieve a higher overall tax stalls, this is a positive construction machinery industry in China to expand exports to create a good environment.
    Investment adviser in the latest release of "2010-2015 China Construction Machinery Industry Report Investment Analysis and Prediction," shows that in 2009, the global financial crisis continues to spread, China's construction machinery industry also suffered a big blow in the face of this situation, Chinese government issued a series of policy measures which promote China's construction machinery industry in 2009 to achieve a smooth transition.

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