Policy Interpretation: Encourage the revitalization of the Chinese instrument industry

In recent years, the trend is getting better andthe urgent need. Instrument products in China, most
instrumentation industry, is the result of China'sbelong to middle and low technical level, but also
machinery, textile, metallurgy, petrochemical industryreliability and stability of key indicators, not all meet
and other instrumentation services business hasthe requirements. High-grade, large-scale imports
shown significant improvement, while the overallnearly all instruments and equipment, mid-range
national policy orientation and economic developmentproducts, and many of the key components, foreign
on the instrumentation industry generated strong pull.companies also occupy more than 60% domestic
    In 2005, after the economic census, themarket share. Therefore, China needs to do
instrumentation industry, industry-wide scalelong-term planning, revitalization of the measurement
enterprises in 3391, an increase of 897 over 2004,control and instrumentation industry as a systems
the number of 65 million workers. The industrial valueengineering, from the impact of control and
of 177.7 billion yuan, up 26%, sales income of 172.6instrumentation measuring all major aspects of the
billion yuan, an increase rate of 25.8%, a total profitindustry, including government, enterprises, social
of 12.3 billion, an increase of 33.2%. Importsenvironment, research and educational institutions and
amounted to 14.01 billion U.S. dollars, up 15.7%.other aspects of Zhiding Xiediaoyizhi strategic
Exported 5.25 billion U.S. dollars, up 30.8%, 8.77 billionmeasures and seriously implement them.
U.S. dollars deficit.    Instrumentation industry in China, the
    In 2006, the instrumentation industry todevelopment of good, the Government has taken a
seriously implement the scientific concept ofnumber of policy instruments to encourage the
development, pay close attention to structuralrevitalization of industry, the national economy as an
adjustment, achieved remarkable results, steadyimportant instrument clear technical equipment to be
growth in sales and profits grew rapidly. 219.4 billionout in a special boost investment. With the series of
yuan of industrial output value in 2006, up 27.5%.the implementation of national key projects,
2006 profit of 15.7 billion yuan, up 31%, an increaseinstrumentation industries increasingly have the
over the previous year despite a slight decrease, butattention and support. This will allow instrumentation
the main business income margin of 7.5%, an increaseindustry market value of investments have become
of 0.6 percentage point increase.increasingly prominent. Upgrade to consumer demand
    First half of 2007, China's industrial output valuefor real estate industry, for example, intelligent, digital
of 133.5 billion yuan instruments, up 29.1%; productmeters will be civil, water, gas, heating direction of
sales 128.9 billion yuan, up 30.7%, all in the historicalthe table, the country is gradually replacing the old
high; profit increased 40% year over year increase inmeters and water meters. National need to install
total assets 18% of the industry as a whole in aintelligent, digital meter, surge in the number of water
sound stage of development.meters, alone on a vast reservoir of opportunities. It
    Although China has a certain instrument ofalso ushered in a new instrumentation industry
industrial development, but fall far short of themarket growth, will also invest in instrumentation
national economy, scientific research, national defenseindustry market value have become increasingly
building and growing all aspects of social life such asprominent.