In recent years, as the pace of industrial quality improvement and upgrading in China continues to accelerate, the demand for new equipment by enterprises has been growing. Promoting large-scale equipment renewal not only meets the development needs of enterprises but also drives high-quality industrial development. At the beginning of this year, the State Council's executive meeting reviewed and passed the "Action Plan for Promoting Large-Scale Equipment Renewal and Consumer Goods Replacement with Old Ones". Since then, various regions and departments across the country have successively introduced relevant implementation plans, combining actual conditions to benefit a wide range of enterprises.

Policies are accelerating implementation

Recently, the Jiangxi Provincial Department of Transportation and 11 other departments jointly introduced the "Jiangxi Province Transportation Field Large-Scale Equipment Renewal Action Plan", focusing on three major areas: urban new energy buses, old operating trucks, and old operating ships. It implements seven major actions, including urban passenger vehicle electrification replacement, old operating diesel truck elimination and renewal, old operating ship scrapping and renewal, postal and express delivery old equipment replacement, logistics facility equipment renewal and transformation, infrastructure digital transformation and upgrading, and standard improvement. At the same time, focusing on three major areas: urban new energy buses, National III and below operating diesel trucks, and old operating ships, it issued the "Jiangxi Province New Energy Urban Bus and Power Battery Renewal Subsidy Implementation Rules", "Jiangxi Province Old Operating Truck Scrap and Renewal Subsidy Implementation Rules", and "Jiangxi Province Transportation Old Operating Ship Scrap and Renewal Subsidy Implementation Plan", striving to promote energy-saving and low-carbon transformation of transportation equipment and facilities.

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"For public transportation companies, the introduction of subsidy policies has saved vehicle purchase and energy costs, and also allowed us to enjoy the improvement of equipment usage efficiency. On the one hand, the subsidy for new vehicle renewal can directly save part of the vehicle purchase costs; on the other hand, the renewal of power batteries will effectively save energy costs." Fu Shengshu, deputy director of the maintenance department of Nanchang Public Transport Group in Jiangxi Province, told reporters.

According to the "Sichuan Province Large-Scale Equipment Renewal and Consumer Goods Replacement with Old Ones Implementation Plan" issued in May this year, Sichuan has clarified four major actions to promote large-scale equipment renewal and consumer goods replacement with old ones. At the same time, it has clarified seven support policies from the aspects of finance and taxation, finance, elements, and innovation, and listed 50 key measures with a list. Recently, Sichuan's "Several Policy Measures to Further Support Large-Scale Equipment Renewal and Consumer Goods Replacement with Old Ones" clearly stated that it supports the industrial field to carry out large-scale technological transformation and equipment renewal. From July 24, 2024, to December 31, 2027, it arranges 3 billion yuan each year to support projects in the industrial field such as equipment upgrading, intelligent transformation and digital transformation, green and low-carbon, safety production, and micro-technical transformation.

This year, Ningxia has launched four major actions: equipment renewal, consumer goods replacement with old ones, recycling and utilization, and standard improvement, and introduced 25 implementation plans and supporting policies. According to statistics, this year Ningxia has completed the renewal and transformation of 21,500 sets of equipment, scrapped and renewed 14,100 sets of agricultural machinery, and purchased and updated more than 32,000 pieces (sets) of educational teaching and scientific research equipment. From January to August, Ningxia's industrial technology transformation investment increased by 14.2% year-on-year, and equipment and tool purchase investment increased by 8.6% year-on-year, which strongly stimulated investment growth.

Focusing on key links

"The industrial field is the main demand side for equipment renewal, an important supply side for consumer goods replacement with old ones, and an important carrier for resource recycling and utilization." Zeng Jiming, deputy director of the Sichuan Provincial Department of Economy and Information Technology, introduced that Sichuan's industrial asset total is nearly 7 trillion yuan, and the annual equipment renewal investment demand exceeds 250 billion yuan. There is huge space and potential for large-scale equipment renewal and technological transformation in this field. It is understood that currently, Sichuan has reserved and implemented more than 4,000 industrial field equipment renewal projects with a total investment of over 96 billion yuan, which strongly supports the rapid growth of industrial investment. From January to July this year, Sichuan's industrial investment and technological transformation investment increased by 13.9% and 9% respectively, among which equipment investment increased by 7.3%.

To adapt to the new round of large-scale equipment renewal and consumer goods replacement with old ones, various places in Sichuan are accelerating the implementation of supporting measures. Chengdu High-tech Zone proposed that this year it aims to achieve industrial field equipment renewal investment of 7.6 billion yuan. "Chengdu High-tech Zone will work hard and increase its efforts to actively strive for the first batch of pilot projects for industrial technological transformation in Sichuan, promote key industry chain leaders and chain-owned enterprises to implement equipment renewal and technological transformation as a whole, accelerate the construction of intelligent transformation and digital transformation empowerment platforms, and promote enterprises to carry out production process replacement and advanced equipment renewal around intelligent and digital transformation." Wang Feng, director of the Economic and Information Department of the Development and Reform Bureau of Chengdu High-tech Zone, said.

Wu Qingfu, vice president of Chengdu Feist Technology Co., Ltd., a national-level specialized and new "little giant" enterprise, introduced that the company's funds for equipment renewal and informatization transformation come from self-raising and government financial support, including support from major scientific and technological special projects in Sichuan Province.Ningxia has expanded its support scope in equipment renewal, including the renewal of equipment in fields such as energy and electricity, old elevators, and the energy-saving and carbon-reducing safety transformation of key industries within the scope of support for ultra-long-term special national bonds, increasing from the original 8 fields of equipment renewal and recycling utilization in industry, environmental infrastructure, transportation, logistics, education, culture and tourism, and medical fields to 11 fields. Jiang Zhe Wen, deputy director of the Ningxia Hui Autonomous Region Development and Reform Commission, said that Ningxia, in combination with local agricultural industry characteristics, has included 6 types of agricultural machinery such as green (yellow) fodder harvesters, mowers (flatteners), hay rakes, feed mixers, total mixed ration preparation machines, and milking machines into the scope of scrapping and renewal subsidies to better promote equipment renewal in the agricultural field.

Financial guarantee and supervision are key links in further promoting the "two new" work. Zhu Jian, deputy director of the Ningxia Hui Autonomous Region Finance Department, introduced that Ningxia, on the one hand, will actively apply for enterprise loan interest subsidy funds based on the approval of the equipment renewal project reported to the state; on the other hand, it will actively connect and apply for special funds with the ecological environment department to further support the comprehensive utilization of waste electrical and electronic equipment recycling and processing.

In addition, Ningxia has targetedly reduced the project application threshold. For example, the requirement of "the total investment of the equipment renewal declaration project is more than 100 million yuan" has been canceled. The person in charge of the interviewed company said that they look forward to the equipment renewal policy landing as soon as possible, so that the operating body can fully enjoy the policy dividends and financial benefits. Ningxia has also continued to optimize the project application method and process, and improve the project application efficiency and fund issuance efficiency. It is understood that since the implementation of the "two new" intensified measures, Ningxia has focused on key fields such as industry, transportation, environmental infrastructure, recycling and utilization, key energy use, and old elevator transformation, striving for national ultra-long-term special national bond support for equipment renewal project funds of 2.378 billion yuan, supporting 73 projects with a total investment of 11.022 billion yuan, and effectively promoting key industry equipment renewal, technological transformation, and transformation and upgrading.

As an old industrial city, Shizuishan City in Ningxia has taken the industries of calcium carbide chemical, metallurgy, carbon-based materials, coal chemical, and thermal power generation as the focus of transformation and upgrading, further clarifying the direction of industrial development, improvement goals, and development paths, and guiding enterprises to accelerate the improvement of innovation-driven, equipment renewal and iteration levels. To seize the policy opportunity of large-scale equipment renewal and transformation in the industrial field, the city has accelerated the layout of digital information and artificial intelligence construction, promoted the intelligent and intelligent transformation of factories, workshops, etc., deeply promoted the development of traditional industries towards high-end, intelligent, green, and integrated development, and created a modern industrial system.

Enterprises have obvious benefits.

"After the early declaration, some of the company's equipment renewal projects have been included in the first batch of 'equipment renewal loan' project list in Sichuan. We are communicating with the designated cooperative financial institutions of the government department for credit, and some projects are actively applying to be included in the 'industrial field equipment renewal and technological transformation project library' in Sichuan, in order to obtain more financial support." Yao Zhe, the director of public affairs of Chengdu Yousainuo Biotechnology Co., Ltd., believes that this year, Sichuan's support for equipment renewal in the industrial field has obviously increased, and the policy supports enterprises with "real gold and silver", which is worth looking forward to.

Sichuan Kangnuo Biomedical Technology Co., Ltd. is a pharmaceutical company. At present, the company is also taking advantage of the policy of equipment renewal and actively promoting equipment upgrading. "The introduction of relevant policies has further boosted the confidence of enterprises in equipment renewal and technological transformation. We have successively carried out the upgrading and renewal of technical equipment that integrates intelligence and informatization, and have realized the full process of intelligent operation and management from procurement to quality control." The company's vice president, Wu Hongtao, told reporters.

Ma Xinghua, chairman of Jiangxi Jiujiang Zhenxin Shipping Co., Ltd., is very concerned about the local policy implementation. The company is preparing to promote equipment renewal according to the time node of the implementation plan. In the future, it plans to dismantle 4 old ships and build 2 new energy ships. "After the completion of the new ship, it can not only improve transportation efficiency and reduce maintenance costs, but also enhance the overall safety level of the ship." Ma Xinghua said.

Liao Xiaofeng, director of the Planning Department of the Jiangxi Provincial Department of Transportation, said that carrying out large-scale equipment renewal in the highway and waterway industry, guiding enterprises to carry out the old-for-new activity through fiscal and financial policies, is not only conducive to promoting the technological innovation and product upgrading of transportation equipment, but also helps to promote clean energy transportation equipment and will drive the construction of related supporting facilities. Next, the Jiangxi Provincial Department of Transportation will work with the transportation authorities at all levels to do a good job in reviewing related materials and issuing subsidies.