Recently, good news came from the customs, and the first time in the first 11 months of 2007, the petrochemical general machinery industry achieved a double trade surplus. This is a major breakthrough in the history of the petrochemical general machinery industry.
Imports and exports continued to grow rapidly from January to November
According to customs statistics, from January to November of 2007, the petrochemical general machinery industry import and export continued to maintain rapid growth since 2003. Among them, imports were US$17.574 billion, up 16.94% year-on-year; exports were US$30.442 billion, up 46.7% year-on-year. Due to the rapid growth of exports, the increase in imports has dropped significantly, with a surplus of US$12.826 billion. The trade surplus has more than doubled in the whole of 2006.
From the perspective of exports, major products have generally grown rapidly. Among them, products with more than 40% growth include compressors for refrigeration equipment, petrochemical equipment, gas compressors, gas separation equipment, plastic machinery, and electrostatic precipitators. Products that grow by 30%-40% include refrigeration and air conditioning equipment and various pumps. And oil drilling equipment parts.
From the import perspective, imports of major petrochemical machinery products have increased or decreased, of which pumps and petrochemical equipment have increased at a larger rate, and imports of compressors and other products have declined slightly. According to statistics, the total imports of various pumps from January to November were 1.578 billion U.S. dollars, an increase of 24.45% year-on-year; the total import of petrochemical equipment was 880 million U.S. dollars, an increase of 15.1% year-on-year; the total imports of petroleum drilling equipment parts were 158 million U.S. dollars, an increase of 34% year-on-year. Plastic machinery imports totaled 1.666 billion U.S. dollars, a year-on-year increase of 24%.
According to statistics, the main products for which imports have fallen are: import of gas compressors by US$1.01 billion, down by 15.4%; imports of compressors for refrigeration by US$808 million, down by 5.4%; imports of gas separation equipment by US$21.33 million, down by 63.2%.
Impact of related policies on the import and export of petrochemical general machinery
In recent years, the Chinese government has introduced a series of import and export policies aimed at improving and optimizing the structure of import and export products, improving the quality of export products, increasing the technological content and added value of export products, rectifying the order of exports, and achieving a fundamental change in the mode of export growth. Improve international competitiveness. At the same time, in order to reduce the international trade surplus and promote industrial upgrading, some policies to encourage the import of advanced technologies and equipment have also been issued. The current policies directly related to the import and export of petrochemical general machinery include:
Encourage advanced technology and equipment import policies. On September 27, 2007, the National Development and Reform Commission, the Ministry of Finance, and the Ministry of Commerce jointly issued the "Notice on Encouraging Importation of Technology and Product Catalogue". On September 22 of the same year, the Ministry of Finance and the Ministry of Commerce issued the "Measures for the Administration of Import Interest Subsidy Funds". . For advanced technology and equipment listed in the catalogue, enterprises import it by means of general trade, and the state gives policy support.
Among the important equipment that encourages imports, there are three general petrochemical machinery. First, centrifugal ventilators, flow rate> 1800m3/min, pressure rise> 19Kpa; second, large-capacity desulfurization dryers; third, belt-type sludge concentrator filter presses, bandwidth> 3m, filter cake moisture content <70%.
Among the key industries that encourage development, the petrochemical general machinery industry mainly includes: radioactive waste and other hazardous waste safety disposal technologies and equipment; gas, flue gas dust removal, desulfurization, denitrification technologies and devices, and complete sets of equipment manufacturing; high-efficiency, low-energy waste water treatment Recycling technology development and equipment manufacturing.
This policy will have a certain impact on the development and development of these products by domestic enterprises. Related companies should actively take measures to meet user requirements and report the problems encountered to relevant government departments.
Export tax rebate policy. With the approval of the State Council, on June 19, 2007, the "Circular on Decreasing the Tax Rebate Rates for Certain Products" was promulgated and will be implemented on July 1, 2007.
The main purpose of this adjustment is to further control the excessively rapid growth of foreign trade exports, ease the outstanding contradictions brought about by China’s excessive trade surplus, improve the structure of export commodities, and suppress the export of high energy consumption, high pollution, and resource products. There are a total of 219 customs tax codes for mechanical products to lower the export tax rebate rate. Among them, there are three kinds of tax reduction products for construction machinery, namely, portable pneumatic tools and their parts have been reduced from 17% to 9%. In the future, the Chinese government will adjust the export tax rebate rate according to China's industrial policies, import and export trade policies, and favorable balance conditions.
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