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Zhang Wei, Director of the Industry Department of the Ministry of Commerce, said that the goal of promoting the development of import of mechanical and electrical products during the 12th Five-Year Plan period is. Gradually increase the proportion of advanced technology equipment and key parts imports. Increase the proportion of imports of import-oriented enterprises and general trade methods, and increase the contribution of imports to innovation. And ease the momentum of excessive growth in trade surplus with major countries and regions.
He also said that in the future, he will organize enterprises to use the exhibition platform to cooperate with foreign advanced manufacturers, and urged developed countries to relax export control to China, promote innovation on the basis of digestive technology, and strengthen support for imports in finance.
China has previously proposed that seven industries, including new energy, new materials and new energy vehicles, will be the key development direction of strategic emerging industries. It is estimated that by 2020, the added value of strategic emerging industries will account for about 15% of GDP.
According to officials from the Ministry of Commerce, during the “Twelfth Five-Year Plan†(2011-2015), certain tariff reductions will be granted to key import support areas such as strategic emerging industries and traditional equipment manufacturing industries.