The state gives discounts to machine tool import equipment

In order to actively expand the imports of China's scarce resources and technical products, the National Development and Reform Commission, the Ministry of Finance, and the Ministry of Commerce have recently issued the "Notice on Issuing Catalogues of Encouraging Imported Technologies and Products" (Development and Reform Industry [200] No. 72515). . For Chinese enterprises to encourage the introduction of advanced technology, import of important equipment, the development of key industries, and the import of resource products and raw materials, the state will give them interest subsidies.

It is reported that important equipments in the "Encouraging Imported Technologies and Product Catalogue" involving the machine tool industry include: Advanced technologies that are encouraged to be introduced. The design and manufacturing technology of high-end CNC machine tools and functional components encourages the import of important equipment. Key milling machining centers, flexible machining units, turning hearts, CNC grinding machines, CNC milling machines for gantry, metal sharpening grinding machines, universal hydraulic presses, diamond hydraulic presses, CNC cutting machines, etc. are two key industries that are encouraged to develop. CNC machine tools, key parts and tool manufacturing: high-speed, precision CNC machine tools with three axes or more, CNC systems, and AC servo drives and linear motors. In order to do a good job of trade balance promotion, standardize and strengthen the management of import interest-subsidy funds, improve the efficiency of the use of fiscal funds, and coordinate with the specific implementation of the Catalogue of Encouraging Imported Technologies and Products, the Ministry of Finance and the Ministry of Commerce have also formulated the “Interest Subsidy Fund Management” Interim Measures.