Rescue plan on equipment manufacturing unveiled
Post Date: 18 May 2009 Viewed: 897
The State Council released a long-awaited rescue plan on equipment manufacturing with a period from 2009 to 2011. Here are some goals of the plan:
Enhance the quality of homemade equipment and keep the self-sustaining ratio of domestically produced equipment at 70 percent;
Strengthen competitive edge in the international market and stabilize the export market shares;
Satisfy demand with homegrown equipment from the state key projects such as mega kilowatts nuclear power, new energy power, high-speed trains, high-end digit control machines and basic manufacturing equipment;
Realize localization in nine major industries including steel, auto and petrochemical