Shanghai's High-end Equipment Industry: A Global Leader

Shanghai is a major center for the high-end equipment industry, with a focus on: 

  • Industry Support: The Shanghai government is committed to supporting the high-end equipment industry, with initiatives such as:
    • The Detailed Rules for the Implementation of Tax Policies on Imports of Major Technology and Equipment: A plan to attract foreign investment in high-end equipment.
    • The Action Plan on Intelligent Manufacturing of Shanghai (2019-2021): A roadmap for growth.
    • Industry Associations: The Shanghai Heavy Equipment Manufacturing Industry Association, Shanghai Intelligent Manufacturing Industry Association (SIMIA), and others.