150 billion yuan of funds have been allocated, how effective is the large-scale equipment upgrade?
2024-09-26
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on september 24, the national development and reform commission held a special press conference to introduce the latest progress of the large-scale equipment renewal campaign.
liu dechun, director of the department of resource conservation and environmental protection of the national development and reform commission, introduced that the current 150 billion yuan of ultra-long-term special treasury bonds have been allocated to projects in two batches, supporting a total of more than 4,600 projects in the fields of industry, environmental infrastructure, transportation, logistics, education, culture and tourism, medical care, energy-consuming equipment, energy and electricity, old residential elevators, recycling and reuse.
liu dechun said that according to preliminary estimates, the total investment in equipment renewal projects supported by national debt funds this year is nearly 800 billion yuan, which can drive the renewal of more than 2 million units of various equipment and generate energy savings of about 25 million tons of standard coal per year.
liu dechun stressed that promoting a new round of large-scale equipment renewal is not a short-term economic stimulus, but a medium- and long-term measure to consolidate the foundation. on the basis of doing a good job in the construction of projects supported this year, the national development and reform commission will work with relevant departments to guide various regions and relevant central units to continue to strengthen project reserves, plan a batch of high-quality and highly motivated projects as soon as possible, ensure that the financial elements follow the projects, and effectively play the role of national debt funds to support the green and low-carbon transformation and high-quality development of my country's economy.
my country is the largest manufacturing country, with the added value of manufacturing accounting for about 30% of the world's total, and the number of various machines and equipment in china ranks first in the world. with the deepening of new industrialization and urbanization, the demand for advanced equipment is still growing, and the potential for equipment renewal is huge and of great significance.
in march this year, the state council issued an action plan to promote large-scale equipment renewal and trade-in of old consumer goods, and deployed equipment renewal actions; in july, a number of measures to increase support for the "two new" initiatives were issued with the approval of the state council, which clearly proposed the arrangement of 150 billion yuan of ultra-long-term special government bonds to support large-scale equipment renewal; local governments have also based themselves on local realities and implemented a series of pragmatic measures in accordance with local conditions.
liu dechun said that machinery and equipment are an important part of productivity and the "skeleton" of the modern industrial system. my country ranks first in the world in terms of the number of machinery and equipment it owns. according to relevant institutions, the net asset value of the total equipment stock in society is about 40 trillion yuan.
recently, relevant departments have successively issued implementation rules and supporting policies for equipment renewal in the fields of industrial equipment, energy-consuming equipment, environmental infrastructure, operating ships, operating trucks, new energy buses, agricultural machinery, and old elevators.
"through half a year of hard work, we have quickly established a policy system for equipment renewal actions, clarified the timetable and roadmap for equipment renewal in key areas, and laid a solid institutional foundation for continuously promoting large-scale equipment renewal," said liu dechun.
a set of latest data released at the press conference showed that with the joint efforts of all parties, the equipment renewal work in key areas has made positive progress, and its role in stabilizing growth and promoting transformation has continued to emerge.
in terms of equipment renewal in the industrial field, from january to august this year, investment in equipment and tools increased by 16.8% year-on-year, 13.4 percentage points higher than the total investment, and its contribution rate to the growth of total investment was 64.2%, 3.5 percentage points higher than that from january to july.
large-scale equipment renewal policies have promoted industrial transformation, the pace of transformation and upgrading of traditional industries has accelerated, and investment in technological transformation in the manufacturing industry has continued to grow by double digits. new drivers of manufacturing development have been continuously nurtured and strengthened. in august, the added value of equipment manufacturing and high-tech manufacturing increased by 6.4% and 8.6% year-on-year, respectively, 1.9 and 4.1 percentage points faster than the added value of all industries above designated size.
in terms of equipment renewal in the construction and municipal sector, relevant departments and regions focused on the shortcomings and weak links in the construction and municipal sector, and solidly promoted equipment renewal in areas such as old residential elevators and environmental infrastructure. from january to august this year, the fixed asset investment in the electricity, heat, gas and water production and supply industry and the construction industry increased by 23.5% and 21.6% respectively.
in terms of equipment renewal in the transportation and agricultural fields, from january to august this year, the number of electrified urban buses, old operating trucks and old operating ships increased significantly; the number of scrapped cars recycled nationwide was 4.21 million, a year-on-year increase of 42.4%, reaching more than 90% of the total scrapped vehicles last year. the scrapping and renewal of old agricultural machinery has been further promoted, driving a 5.2% year-on-year increase in investment in agriculture, forestry, animal husbandry and fishery from january to august.
in terms of equipment renewal in the fields of education, culture, tourism, and health, we continued to promote the upgrading of teaching and research equipment, practical training equipment, tourist transportation equipment, sightseeing equipment, and amusement facilities in colleges and vocational schools, and comprehensively promoted the transformation and upgrading of smart culture and tourism, driving the investment in education and culture, sports, and entertainment industries to grow by 3.0% and 2.2% respectively from january to august. public hospitals in many places have successively released medical equipment procurement lists and updated and upgraded a batch of color doppler ultrasound machines, ct machines, and other equipment.
liu dechun said that in the next stage, the national development and reform commission will strictly implement the management measures for supporting the "two new" with ultra-long-term special treasury bonds, accelerate project construction, strengthen supervision and inspection, and ensure that treasury bonds are used for specific purposes. guide all regions and relevant units to strengthen the various elements of project construction and promote the early start, construction and commissioning of projects. at the same time, relying on the national major construction project database, it will strengthen daily monitoring and scheduling, organize on-site supervision in a timely manner, prevent treasury bond funds from being deposited and idle, and ensure that related projects will form more physical workload as soon as possible.
(this article comes from china business network)
