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According to the Ministry of Industry and Information Technology, 66 of the 165 implementation rules involved in the ten industrial restructuring and rejuvenation plans have already been issued, and the rest are expected to be issued before the end of the year.
To cope with the financial crisis and boost the economy, earlier this year, China introduced adjustment and revitalization plans for key industries such as steel, automobiles, ships, petrochemicals, textiles, light industry, nonferrous metals, equipment manufacturing, electronic information and logistics. The rise and fall of these industries have had an impact on the Chinese economy. Among them, the first nine industries belong to the manufacturing industry, and their industrial added value accounted for nearly 80% of all industrial added value in China, accounting for one-third of GDP.
Up till now, 31 provinces, districts, and cities have compiled local adjustment and revitalization plans or implementation opinions; home appliances, agricultural machinery, automobiles and motorcycles to the countryside, and the implementation of “new-for-new†implementation methods for automotive home appliances have been implemented smoothly; the country has adjusted the export tax rebate rate seven times. It is estimated that the annual new industry tax rebate will reach 153 billion yuan; the government has increased the reserve of important industrial products, effectively alleviating the pressure of sales difficulties and financial constraints.
To cope with the financial crisis and boost the economy, earlier this year, China introduced adjustment and revitalization plans for key industries such as steel, automobiles, ships, petrochemicals, textiles, light industry, nonferrous metals, equipment manufacturing, electronic information and logistics. The rise and fall of these industries have had an impact on the Chinese economy. Among them, the first nine industries belong to the manufacturing industry, and their industrial added value accounted for nearly 80% of all industrial added value in China, accounting for one-third of GDP.
Up till now, 31 provinces, districts, and cities have compiled local adjustment and revitalization plans or implementation opinions; home appliances, agricultural machinery, automobiles and motorcycles to the countryside, and the implementation of “new-for-new†implementation methods for automotive home appliances have been implemented smoothly; the country has adjusted the export tax rebate rate seven times. It is estimated that the annual new industry tax rebate will reach 153 billion yuan; the government has increased the reserve of important industrial products, effectively alleviating the pressure of sales difficulties and financial constraints.
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