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Policy recommendations for the continuous and steady development of China's machine tool industry

September 08, 2022
1. Focus on supporting the key basic technologies represented by numerical control systems and functional components, and form a new situation in which the whole machine and key infrastructure technology innovations will jointly promote the overall capacity improvement of the industry. 2. Focus on supporting enterprises with vertical integration capabilities that provide comprehensive solutions, and support production-oriented enterprises to transform into R&D and service-oriented enterprises. 3. Encourage the establishment of intellectual property alliances to increase the competitiveness of the domestic industry as a whole, and to counterattack external competition and friction to avoid a major impact on industrial safety. 4. Encourage overseas M&A activities with the main purpose of enhancing technological innovation capabilities, and support the active use of global superior resources to establish a global R&D system and production network. 5. Build multi-dimensional industrial advantages, maintain cost advantages and price advantages, further expand the advantages of division of labor and market advantages, continuously tap the advantages of goodwill, rationally utilize capital advantages, and strive to build standard advantages and core technological advantages.
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