Policy encouragement and industry guidance to gradually enter the international hardware family

As far as the domestic hardware industry is concerned, there are many small and medium-sized enterprises, mainly private enterprises. The "Opinions on Accelerating the Merger and Reorganization of Enterprises" drafted by the Ministry of Industry and Information Technology (hereinafter referred to as "the Opinions") has recently been introduced, which will relax the access of private capital markets. The move will encourage commercial banks to increase credit support for mergers and acquisitions, explore the establishment of specialized M&A funds, attract social capital to support mergers and acquisitions, and encourage listed companies to implement mergers and acquisitions, tender offers, purchases of assets, etc. behavior. It not only solved the worries of the weak funds of the hardware industry, but also cleared the roadblocks for the hardware industry merger and reorganization, and further accelerated the pace of the hardware industry clustering.

For industries with significant economies of scale such as steel, petrochemicals, automobiles, and ships, we encourage large-scale key enterprises to take the lead in promoting cross-regional mergers and acquisitions. While restraining local government intervention, it can also combine the characteristic industrial chains of various regions to promote the healthy development of various industries. It is worth mentioning that the hardware industry, as a related industry in the steel industry, may be supported, especially the development of the shipbuilding industry and hardware machinery with strong development momentum.

In addition, according to the principle that state-owned capital has advancement and retreat, in the competitive field, various enterprises with market competitiveness and brand advantages will be encouraged and supported to participate in the reform and restructuring of state-owned enterprises, which is a local obstacle to eliminate mergers and acquisitions. The "Opinions" require local governments to clean up various administrative barriers, explore regional fiscal and taxation benefit sharing models, gradually abolish the administrative level and treatment of leading cadres of state-owned enterprises, reform the performance appraisal mechanism of local governments and state-owned enterprises, and incorporate mergers and acquisitions into the scope of assessment.

For emerging industries such as new energy and electronic information, we will focus on promoting large and medium-sized enterprises to establish strategic alliances in research and development, production, marketing and personnel training to form synergies. As the ultimate goal of hardware development, new energy has been put on the agenda. Various energy-saving hardware tools and machinery have gradually appeared on the stage, and its research and development and personnel training are indispensable. As a new sales carrier for the hardware industry, electronic information has also become a new form, and sales volume has reached a new high.

Looking at the current national characteristic industrial parks and clustering pattern, and the rise of the hardware industry distribution centers in 2009, there is no doubt that the era of hardware industry clustering has approached. In the future, China's hardware industry will gradually enter the international hardware family under the guidance of a series of national policies and industry guidance.

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