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In recent days, in an effort to actively address the shortage of critical resource and technology products imported from China, the National Development and Reform Commission, the Ministry of Finance, and the Ministry of Commerce jointly issued the "Notice on Issuing the Catalogue of Encouraging Imported Technologies and Products" (Development and Reform Industry [200] No. 72515). This initiative aims to encourage Chinese companies to import advanced technologies, key equipment, and essential raw materials that are vital for industrial development.
The newly released "Catalogue of Encouraging Imported Technologies and Products" covers a wide range of sectors, with a particular focus on the machinery industry. It highlights the importance of introducing advanced technologies and key equipment, especially in high-end CNC machine tools and their functional components. The catalogue encourages the import of important machinery such as high-precision milling centers, flexible machining units, turning centers, CNC grinders, gantry-type CNC milling machines, metal grinding machines, universal hydraulic presses, diamond hydraulic presses, CNC cutting machines, and more.
Additionally, it emphasizes the manufacturing of high-speed and precision CNC machine tools, CNC systems, AC servo devices, and linear motors with three or more axes. These components play a crucial role in modern manufacturing and industrial automation.
To ensure effective implementation of the policy and promote trade balance, the Ministry of Finance and the Ministry of Commerce have also introduced the Interim Measures for the Management of Import Discount Funds. These measures aim to standardize the use of financial support, improve the efficiency of fiscal resources, and provide clearer guidance for companies looking to benefit from the new import encouragement policies.
This updated policy reflects the government's commitment to enhancing technological capabilities, supporting key industries, and ensuring a steady supply of critical resources through strategic imports. It is expected to boost innovation, improve production efficiency, and strengthen China’s position in the global manufacturing landscape.