The State Council issued the first industrial upgrading program to benefit the shipbuilding industry

● Accelerate scientific and technological innovation and implement innovation drive

● Improve the level of key supporting equipment and materials manufacturing

●Adjust and optimize the layout of shipbuilding industry productivity

● Improve demand structure and accelerate the development of high-end products

● Stabilize international market share

● Promote the integration of military and civilian development

● Strengthen enterprise management and industry services

In order to promote the sustainable and healthy development of the shipbuilding industry, the State Council recently issued the "Implementation Plan for Accelerating Structural Adjustment and Promoting Transformation and Upgrading of the Shipbuilding Industry (2013-2015)". This is another major measure taken by the new government to adjust the structure and promote reform to promote steady growth in response to the current situation. Premier Li Keqiang and other leading comrades of the State Council attach great importance to industrial transformation and upgrading. The new government has specially researched and deployed at the beginning of its establishment.

The "Implementation Plan" pointed out that since the new century, China's shipbuilding industry has made remarkable achievements and its industrial scale has expanded rapidly. China has become one of the most influential shipbuilding countries in the world. However, due to factors such as the international financial crisis and the continued sluggish international shipping market, new shipbuilding orders are seriously insufficient, and the transaction price of new ships is continuously falling, which has led to an intensification of the overcapacity of China's shipbuilding industry. The industrial development is facing unprecedented severe challenges. At the same time, we must also see that China has built a number of high-level shipbuilding infrastructures. The upstream and downstream industries are complete, the labor resources are abundant, and the domestic market has great potential. We must strengthen our confidence, seize opportunities, and actively integrate into the general trend of the world shipbuilding industry's profound adjustment, deepen the adjustment of industrial structure, and accelerate industrial transformation and upgrading.

The "Implementation Plan" emphasizes that it is necessary to base itself on the current and focus on the long-term, to accelerate the transformation of the shipbuilding industry as the main line, to improve the quality and efficiency of development, to innovate the system and mechanism, to play the role of the main body of the enterprise, and to improve the product structure and enhance the technical structure. Optimize the organizational structure, adjust the layout structure, resolve the contradiction of overcapacity, improve the core competitiveness of the industry, and strive to achieve a transformation from large to strong in the shipbuilding industry.

The "Implementation Plan" clarifies the main tasks of the restructuring and transformation and upgrading of the shipbuilding industry in the next three years: First, accelerate scientific and technological innovation and implement innovation drive. Carry out key technologies for ship and offshore engineering equipment, and cultivate and improve scientific and technological innovation capabilities. The second is to improve the level of manufacturing of key supporting equipment and materials. Focus on the development and manufacture of key ship-weapons supporting equipment, marine engineering equipment-specific systems and equipment, and special materials, relying on the needs of the domestic market. The third is to adjust and optimize the layout of the shipbuilding industry's productivity. Strictly control new capacity, clean up and rectify illegal construction projects, integrate advantageous production capacity, eliminate backward production capacity, and promote industrial layout adjustment by optimizing organizational structure, mergers and acquisitions, transformation and transformation. The fourth is to improve the demand structure and accelerate the development of high-end products. Encourage old ships to scrap in advance, speed up the development of offshore engineering equipment and high-tech ships, strengthen administrative law enforcement and official ship configuration, implement fishing vessel renewal and transformation, and promote the upgrading of shipbuilding product structure. The fifth is to stabilize the international market share. Financial institutions are encouraged to increase credit financing support, support enterprises to explore international markets, introduce core talents and teams, and carry out overseas industrial restructuring and global industrial layout. The sixth is to promote the integration of military and civilian development. Promote the sharing of scientific research conditions, resources and achievements between the military and the civilian. The seventh is to strengthen corporate management and industry services. Guide shipbuilding enterprises to comprehensively strengthen management and strengthen the construction of crew members. Give play to the important role of industry associations and professional institutions in information, technology and training.

The "Implementation Plan" requires that all regions, departments and units should further raise their awareness, formulate and improve various supporting policies and measures as soon as possible, and effectively carry out guidance and service work to ensure that the tasks set in the documents are completed on time.

Shipbuilding industry welcomes transformation and upgrading plan merger and reorganization to strictly control new capacity

Yesterday, the State Council promulgated the “Implementation Plan for Accelerating Structural Adjustment and Promoting Transformation and Upgrading of the Shipbuilding Industry (2013~2015)” (hereinafter referred to as the “Program”). The plan clarifies the main tasks of the restructuring and transformation and upgrading of the shipbuilding industry in the next three years. For the ship market that is eager for policy support, it is undoubtedly a booster.

The plan clarifies the main tasks of shipbuilding structural adjustment and transformation and upgrading in the next three years. It is necessary to carry out key technical research on ship and offshore engineering equipment. In the three years after the “12th Five-Year Plan”, the international market share of major products of high-tech ships and offshore engineering equipment Reaching 25% and 20% respectively, developing internationally competitive shipbuilding enterprise groups.

The plan also proposed strict control of new capacity, clean up and rectify illegal construction projects.

Still need a specific plan to truly "land"

After the program was announced, the industry generally said it was in anticipation. Xu Wenyou, vice president of Rongan Power Machinery Co., Ltd. said that the policy is only the guidance of the industry's "integration, upgrading and innovation".

In fact, many ship companies have begun to break through in the downturn of the domestic shipping market. Yesterday, Guangdong COSCO shipping personnel told reporters that the company has developed a shipbuilding business from a single ship repair business, avoiding bulk cargo ships, container ships, oil tankers and other projects with excess capacity. At present, it focuses on training marine engineering ship projects.

Yesterday, some people in the shipping and marketing department revealed that the current support policies for the shipbuilding industry have not really “landed”, such as specific implementation rules, and the strength is far from enough. “The company’s high value-added ship type subsidies are only a few hundred. Ten thousand yuan, more is to rely on their own to fight for orders." Galaxy Futures chief macroeconomic consultant Fu Peng said that domestic shipbuilding companies should reduce the capacity of dry bulk carriers and invest more energy in marine platform professional vessels.

The above-mentioned people said that the industry support policy has been implemented, and the market concentration of leading enterprises has increased after mergers and acquisitions and integration of production capacity, and the order volume is expected to increase. Some Chinese boat companies are particularly in need of subsidies and taxation.

capital market:

Stimulating orders will help the industry out of the trough

The plan further pointed out the direction for listed companies to develop new ships, and the replacement of ships will also stimulate the growth of corporate orders.

Some brokerages pointed out that the long-term plan is a good thing for the ship industry to go out of the trough. The degree of favorable policy depends on the threshold conditions, such as order quantity, ship size, ship registration, ship age and dismantling time. For example, the subsidy policy for old ships has already existed, but it is difficult to apply for subsidies.

The downturn in the shipping market dragged down the performance of shipbuilding companies. The net profit of CSSC in the first half of the year was negative 61.524 million yuan, and Shanghai Jiahao's net profit in the first half of the year fell 82.87%. Last Friday, the market reported that the country is already concerned about the difficulties of the shipping industry and the shipbuilding industry. Some shipping and shipbuilding support policies are already in the pipeline, and shipbuilding stocks rebound.