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    NDRC: Views On Promoting The Development Of Remanufacturing Industry Will Be Introduced Soon.

    2010/5/28 10:17:00 34

    Promoting The Development Of Remanufacturing Industry

    This year is the decisive year to achieve the goal of energy saving and emission reduction in 11th Five-Year. Jie Zhenhua, deputy director of the national development and Reform Commission, said at the 27 China Energy Strategy Summit Forum that in order to ensure the goal of energy saving and emission reduction, the NDRC will strengthen the objective responsibility and increase accountability with relevant departments, and carry out the evaluation and evaluation of energy saving targets for provincial governments and key energy intensive enterprises, and achieve accountability by the end of this year.

    He also revealed that the views on promoting the development of remanufacturing industry will be introduced soon.



    Fu Zhihuan, director of China Energy Conservation Association, said that the energy consumption per unit GDP in the first four years of 11th Five-Year has been reduced by 14.38%, but it is far from the goal of energy conservation in 11th Five-Year.

    In this regard, Jie Zhenhua expressed recognition.

    He said that since the third quarter of last year, the capacity of high energy consumption and high polluting industries has been developing rapidly. Especially in the first quarter of this year, the energy consumption of the six high energy consuming industries, such as power, iron and steel, nonferrous metals, building materials, petrochemical industry and chemical industry, led to a sharp increase in energy consumption. The energy consumption per unit GDP increased by 3.2% in the same quarter, and the energy consumption per unit of GDP in 12 regions decreased.



    Jie Zhenhua said that it will strengthen the responsibility of energy saving and emission reduction. In principle, it will no longer approve, approve and record projects that expand production capacity in two industries with high capacity and overcapacity this year. For those who are not audited, they will not be allowed to start work. The construction of illegal construction is stopped, and the production of illegal construction is stopped.



    Jie Zhenhua also revealed that the views on promoting the development of remanufacturing industry will be published soon, and will study relevant fiscal and taxation policies, and give necessary support in the arrangement of funds and projects.

    "This view is currently in the process of examination and approval."

    He said.



    With the rapid development of China's equipment manufacturing industry, the quantity of mechanical and electrical products, such as machine tools, automobiles, construction machinery, electricians and electricians, has been increasing rapidly.

    The remanufacturing industry uses high-tech to repair or upgrade the manufacturing products professionally, so that it can be restored to the mass production process like new products or superior to new ones, which is very important for promoting energy saving and emission reduction in the manufacturing industry.

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    The theme of remanufacturing is characteristic of the times and has high economic value.



    Remanufacturing is in line with today's theme of energy saving and environmental protection, and has high economic value. It will surely be actively promoted by policies.

    The theme has a large appearance and fresh activity, which deserves attention in the current market environment.


    The industry and company involved in the remanufacturing theme mainly include automobiles, construction machinery, machine tools, etc. they have already had a big decline in the early stage, and the valuation is relatively cheap.

    Under the stimulation of policy and thematic factors, the stock price is expected to show obvious performance.


    Remanufacturing technology is economical, energy saving and environmental friendly.


    Remanufacturing is a kind of industry that implements high technology repair and pformation of waste products. It aims at damaged or discarded parts, and carries out remanufacturing engineering design on the basis of performance failure analysis and life assessment. A series of related advanced manufacturing technologies are adopted to make the quality of remanufactured products reach or exceed the new ones.


    Remanufacturing has two aspects of economic value.

    On the one hand, through remanufacturing technology, it can lower the life of the product with lower cost and create greater economic value. The cost is actually less than 50% of the original product.

    On the other hand, the promotion and use of remanufacturing technology can also save energy and energy, protect the environment, save energy 60%, save materials 70%, reduce gas and water pollution by nearly 80%, which is a great wealth for the society.


    The remanufacturing industry has become an important national policy.


    As the remanufacturing industry plays a very important role in resource saving, energy saving and environmental pollution reduction, our government attaches great importance to the development of remanufacturing industry. Premier Wen personally pointed out that "remanufacturing industry is very important", which has become an important national policy.

    Since 2009, the NDRC and the Ministry of industry and information technology have intensified their policies to push forward the pilot work on Remanufacturing of automotive components and electromechanical products. It is expected that further policies will be introduced in the future to promote the rapid and healthy development of the remanufacturing industry.


    The remanufacturing industry has a bright market prospect, reaching 190 billion yuan in 2015.


    In 2002, the annual output value of remanufacturing industry in the United States was 0.4% of GDP.

    China's GDP is expected to reach 33 trillion and 500 billion yuan in 2009, which is expected to reach 37 trillion yuan in 2010 and 48 trillion yuan in 2015.


    If the level of remanufacturing industry in China in 2010 and 2015 reached 0.2% and 0.4%, the annual output value of remanufacturing industry will reach 74 billion yuan and 192 billion yuan respectively.


    The remanufacturing industry is mainly distributed in automobile, refrigerator compressors, electronic instruments, machinery manufacturing, office appliances, tires, cartridges, industrial valves and other industries.

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    Problems faced by China's remanufacturing industry:


    The two main problems faced by China's remanufacturing industry are old machine recycling and product sales.

    Due to problems in system and concept, it is difficult to recover old machines, and the raw materials needed for remanufacturing can not be adequately supplied. This is also the reason why the scale is limited.

    Sales of remanufactured products also have difficulties.

    We expect that there will be significant breakthroughs in these two areas in future pilot projects.

    Old car replacement is a good example.


    Remanufacturing theme investment stock selection strategy


    We believe that the stock selection strategy of the theme can be carried out in the following three aspects.


    First, from the perspective of market value and relevance, we believe that the focus should be on small enterprises with high market capitalization and high potential.

    Investors can ambush the big market capitalization companies with obvious clues, and further tap small capitalization and potential companies.


    Second, from the perspective of industry and industry chain, we believe that three types of enterprises can benefit.

    The first category is enterprises that have or may have remanufacturing technology in the future; the second category is spare parts manufacturers with matching capabilities; the third is recycling and sales channels, which are also facing difficulties in the development of remanufacturing industry, and there is bound to be a breakthrough in the future.


    Third, from a regional perspective, we believe Hunan Liuyang and Chongqing Kowloon have the opportunity.

    Due to the importance of the state, the remanufacturing industry gathering area in Hunan Liuyang manufacturing industrial base and Chongqing Kowloon Industrial Park are currently being tested.

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