The Advanced Manufacturing Promotion Regulation of Hunan Province took
effect recently. It is China’s first local regulation on promoting
advanced manufacturing. According to the regulation, Hunan will give
priority to building advanced manufacturing industrial clusters in the
sectors of construction machinery, rail transit equipment, medium and
small-sized aero-engine, aerospace equipment and electronic information,
new materials, new energy and energy conservation, and power
transmission and transformation equipment. Work will be done in boosting
transformation and upgrading of traditional advanced industrial
clusters of petrochemical, nonferrous metals, automobile, smelting and
processing, and agricultural machinery. Some future and emerging
clusters will be fostered, including artificial intelligence (AI),
industrial internet, eco-environment protection, biotechnology,
medicines, and medical devices. The regulation gives a long-term support to institutionalizing the
practices in manufacturing development, stabilizing expectation of the
market participants, and providing long-term and firm institutional
support to the development of advanced manufacturing. It also specifies
provisions in land use, capital, talent, business environment, and
working mechanism, to guarantee the factors of production and make the
enterprises feel reassured. Hunan is a manufacturing powerhouse, with 31 major industrial categories
and three trillion-yuan and forteen 100-billion-yuan industrial
clusters. In 2021, Hunan’s industrial enterprises above designated size
made an 8.6% increase in added value over the previous year. They had
contributed more than 30% tax revenue and created more than 30% new jobs
of the provincial total, which laid a solid foundation for the
provincial economic and social development. However, progress is needed
in scale, quality, technical innovation, and industrial ecology for
Hunan’s manufacturing industry. In order to achieve the goal of building
an advanced manufacturing hub of national importance, Hunan is
necessary to reinforce top-level design and institutional support
through legislation, and motive and coordinate forces of all sectors, so
as to make converted efforts province-wide to promote the development
of manufacturing industry.
Hunan regulation on promoting advanced manufacturing takes effect
Editor:阮梓峰
Source:Hunan Daily
Updated:2022-03-21 14:51:35
Source:Hunan Daily
Updated:2022-03-21 14:51:35
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