As a barometer of the engineering machinery industry, the directly reflects the change of the cold and warm in the engineering machinery industry. In 2017, part of the to achieve success, enterprises and even sold out of stock phenomenon, directly led to the strong recovery in the construction machinery industry. The sales of excavators are closely related to the infrastructure construction, and the country's investment in basic construction has directly driven the demand of the construction machinery market. Therefore, engineering machinery is an industry closely related to the national policy. Since the construction machinery industry has achieved a strong recovery in 2017, what policies have been issued by the state or industry in this year have affected the development of the industry?
The nineteen report pays attention to the real economy and indicates the path to the engineering machinery industry.
The nineteen is the key conference held by China in the critical period of building a moderately prosperous society in an all-round way. The goal of "two one hundred years" has been greatly encouraged by the whole nation. The report put forward that we should strive to accelerate the construction of the real economy and create a solid atmosphere for the construction machinery industry, which will greatly inspire and confidence the engineering machinery industry, and also point out the direction for the future development of construction machinery. In the nineteen major reports, there are five key words related to construction machinery: technological innovation, real economy, beautiful China, structural reform of supply side, disaster prevention, disaster relief and disaster reduction. In the critical period of building a well-off society in an all-round way, the economic development is the first, and the engineering machinery industry is still promising.
In 2017, the "two meetings" brought opportunities for the engineering machinery industry.
In 2017 many good policies issued in the country "NPC and CPPCC" period, a series of hot The Belt and Road, structural reforms, Chinese manufacturing 2025, metal industry rebound and social development topic, once again into public view. The government puts the real economy in the priority position, and it also indicates that the mechanical industry, as the real economy, has a more strong trend of development. It has been proved that the red fire in the construction machinery industry in 2017 was inseparable from the many good policies issued during the "two meetings".
"Action plan for the comprehensive treatment of air pollution in the 2017-2018 years and the winter of Beijing, Tianjin and Hebei and its surrounding areas in the autumn and winter"
First mentioned in 2017, have to mention the joint development and Reform Commission jointly released in August 21, 2017 by the State Environmental Protection Department, Ministry of industry and information technology and other more than 10 departments and local government on the issuance of the "Beijing Tianjin and surrounding areas 2017-2018 years of comprehensive management of air pollution in autumn and winter the crucial action plan" notice, which has a great impact on the construction machinery industry. Notification requirements, insist on maintaining stability in the general work guideline, take more targeted measures, solid job in autumn and winter air pollution prevention and control work, to mobilize people to jointly fight the "battle of the blue sky".
Environmental protection is the central task that has overwhelmed everything in recent years. In accordance with the spirit of the notice, the Beijing Tianjin Hebei and Shanxi, Shandong, Henan six provinces and autonomous and carried out a field with vigour and vitality "blue sky battle action, a large number of environmental standards of the enterprise, the workshop was shut down for rectification, a large number of road engineering, hydraulic engineering, earthwork and housing demolition project was shut down. The suspension period of Beijing is four months, and the period of Tianjin's shutdown is six months.
In the "most strict year of environmental protection in history", the impact of the engineering machinery industry is obvious. On the one hand, a large number of enterprises that fail to meet the environmental requirements, such as asphalt stations and so on, have been reformed, and a large number of devices that are not up to standard have been withdrawn from the market. On the other hand, the old equipment withdrawing from the market has stimulated users' demand for new equipment. Therefore, the demand for environmental protection products has been very vigorous in 2017. With the stricter environmental requirements in 2018, we believe that the products of environmental protection will continue to grow.
The People's Republic of China environmental protection tax law is about to be implemented in January 1, 2018.
In December 27, 2017, the State Council Premier Li Keqiang signed the day before, "issued on environmental protection tax revenue attribution notice", defined the environmental protection tax for local income. This will have a positive impact on promoting the local government to strengthen environmental enforcement, strengthening local financial revenue and promoting the protection and improvement of the environment. The tax law on environmental protection of the People's Republic of China will be formally implemented in January 1, 2018.
The implementation time of the fourth stage emission standard of construction machinery is basically determined.
On November 2017 17-19, "spirit competition win-win" as the theme of the 2017 annual Chinese mining twenty-first annual meeting held in Jiangsu in Xuzhou machinery industry. Su Zimeng, executive vice president and Secretary General of China Construction Machinery Industry Association, revealed the schedule of construction machinery emission standard three to four in the conference, that is, from the second half of 2020 to the first half of 2021, the four emission standard will officially enter the implementation stage. It is understood that the fourth stage emission standards of China's non road mobile machinery are equivalent to the 4 level transition period in the United States and the IIIB emission standards of the EU.
The formulation and implementation of the four emission standards of China is a major event in the development of the engineering machinery industry. To determine the time to implement the standard four emissions to the country engaged in construction machinery industry had a reassurance, is conducive to the upgrading of products and the work carried out in an orderly manner.
"Notifications of risk management and control of the PPP business of central enterprises" by the SASAC]
In November 17, 2017, the SASAC issued the 192 document "notice on the risk management and control of the PPP business of the central enterprise". The notice clearly proposed total control, had to calculate the cost and return blindly on the project; in the project of financial affordability, it preferred the development and finance entry projects. Control the scale of investment in more than last year 50% of the net assets is not allowed, the balance is higher than 85% or a loss of nearly 2 years of continuous sub enterprise PPP investment project, not a single central enterprises need to have the PPP debt of local government revenue to ensure that no security projects may face exit or re design, not only the financing, construction and operation. If there are no economic or major problems, a series of policies should be stopped and not started.
This notice is for PPP, the central enterprises are the main social capital providers. Now the trend of central investment in PPP enterprises will be tightened. For PPP, in general, it will help PPP standardize, and there will be more opportunities for private capital. For the future PPP, it will be a leap from quantitative to qualitative change.
"The most strict year of history". Central decision 2018 is the first to guard against financial risk]
At the central economic work conference, which had just ended in December 20th, "preventing and resolving major risks" was placed in the first place in the three major battle of China's economy in the next 3 years. The conference stressed that in the future, we will continue to strengthen supervision and guidance from three aspects, namely, control lever, balance the "virtual reality", and punish chaos.
The meeting put forward that the prevention and control of financial risks "should serve the main line of structural reform on the supply side". As one of the five major tasks of the structural reform of the supply side, the deleveraging will be paid more attention. The mutual prosperity of Finance and the real economy, the service entity economy is the foundation of the financial industry, and it is also the fundamental measure to prevent the risk. But for the Chinese economy, the inclination of social capital to the virtual economy, such as the financial industry, has become a major hidden danger. To strengthen financial supervision, we should start from mechanism and risk based management, and set up appropriate entry threshold to combine strict supervision with innovation. We should encourage more institutional enterprises to do well and encourage more innovation and compliance as soon as possible, and strictly regulate the illegal acts of fraud in the name of finance.
The strengthening of financial risk prevention and supervision will have a certain impact on the engineering machinery enterprises. This means that non-standard or weak strength small and medium-sized private enterprises will be more difficult to borrow from banks, which will help speed up the market shuffle, eliminate backward production capacity, promote industrial transformation and upgrading, and achieve high quality development.
[real estate regulation policy intensive introduction of long effect mechanism]
At the beginning of December, the meeting of the Central Political Bureau of economic work in 2018, pointed out that in 2018 to guide and stabilize expectations, strengthen and improve people's livelihood, to accelerate the reform of the housing system construction and long-term mechanism. In late December, the central economic work conference once again proposed to speed up the establishment of multi agent supply, multi-channel support, and hire purchase housing system.
As Comrade Xi Jinping pointed out, "the house is used for living, not for frying." This is our real estate regulation of the history of the most severe of the year, from the beginning of March 17, 2017, published in the intensive control policies at the same time, countries continue to regulate the management of the real estate market, the central enterprises released the first single REITs rental housing, real estate tax levy principle is also disclosed for the first time, began to establish long-term mechanism of real estate. The real estate market is expected to remain down in 2018.
