Policy helps instrumentation industry develop well

The instrumentation industry is a basic and strategic industry for the national economy. It has a wide range of applications covering industries, agriculture, power, transportation, science and technology, environmental protection, national defense, culture, education, and health. Instruments and meters as an important part of modern large-scale complete sets of equipment, its role can not be overlooked.

In August 2011, China Instrument and Meter Industry Association announced the "12th Five-year Development Plan for Instruments and Meter Industry" (referred to as "Planning"). It is clear that during the "12th Five-Year Plan" period, China's instrumentation industry will mainly focus on national major projects. The demand for strategic emerging industries and people's livelihoods has accelerated the development of advanced automatic control systems, large-scale precision testing equipment, new types of instrumentation and sensors. The "planning" also pointed out that by 2015, the industry's total output value reached or approached trillion yuan, the average annual growth rate of about 15%; exports more than 30 billion US dollars, of which domestic companies accounted for more than 50% of exports, to "ten At the end of the 25th or 13th, the trade deficit began to decline.

The "Action Plan" issued by the four ministries and commissions is a refinement based on the above-mentioned "planning" and focuses on the development of sensors and intelligent instrumentation industry. For the instrument and meter industry, the country frequently implements intensive adjustments to favorable policies. Many people in the industry believe that, despite the slow growth in the year-on-year growth of the production and sales of the instrumentation industry, the chain growth rate has declined, and even individual sub-sectors have experienced negative growth. But overall, the instrumentation industry has a bright future.

The status quo of China's industrial transformation and upgrading, energy conservation and emission reduction, and the development of strategic emerging industries have brought opportunities for the development of instrumentation. At present, China's instrumentation plays an important role in emerging industries such as wind power, nuclear power generation, Internet of things, smart grid, high-speed rail and rail transit, and the market is also expanding further. The "Action Plan" proposes that enterprises that have met the relevant policy conditions and have been identified as sensors and intelligent instrumentation and instruments may enjoy relevant preferential tax policies according to regulations. Visible, instrumentation companies will usher in a round of development opportunities.

Zhao Leiyu, a Ping An Securities investment consultant, analyzed that the Action Plan aims to enhance the innovation capability and international competitiveness of sensors and intelligent instrumentation industries. Sensors and smart meters have been given self-calibration, self-diagnosis, self-adaptation, and self-learning capabilities by embedding microcomputers. While providing tremendous support for utility utilities such as utilities, high-speed rail and other strategic emerging industries, food safety and other testing industries, It also provides a broad market space for its own development.

Many bottlenecks are to be solved as a large producer of instruments and meters. Although the export volume of instrument and meter products in China has increased year by year, the export area has continuously expanded. However, on the whole, there are still bottlenecks in areas such as insufficient scientific research investment, low independent innovation capability, manufacturing technology, material quality, chip core technology, intensification and concentration of production, and installation size standards.

In addition, the Chinese instrumentation market has its particularity, that is, more than 90% of the market is occupied by foreign instrument manufacturers, and domestic instrument manufacturers are in a relatively weak position.

High-end precision instruments rely heavily on imports. The gap between China's research and manufacturing of scientific instruments and developed countries is not narrowing, but is gradually increasing.

As early as 2010, the State Administration of Taxation issued the Administrative Measures for Tax Rebates for Purchase of Domestically-Manufactured Equipment by R&D Institutions, stating clearly that domestically-funded R&D institutions or centers purchase domestically-made equipment, starting from July 1, 2009 to December 31, 2010, Full refund of value-added tax policy to encourage and support domestic instruments and meters to speed up the pace of equipment localization.

"In this plan of action, there is also a plan to specifically support the development of instrumentation backbone enterprises. China's production of instrumentation companies have the characteristics of small, small, scattered, domestic instrumentation products are relatively low-end, production level, production capacity, research and development Inadequate capacity. It is necessary to cultivate a group of enterprises with innovative capabilities, independent intellectual property rights and products with their own fists, said Wu Youhua, deputy director of the China Instrument Society.