Yuchai Sound at the Two Conferences: Accelerating Independent Development of Engine Core Technology

On March 8, 2017, Premier Li Keqiang of the State Council came to the Guangxi delegation of the 5th session of the National People's Congress of the 12th National People's Congress to discuss the government work report with representatives. Yu Ping, chairman of the board of directors of Yuchai Group made a typical speech at the review meeting, introduced Yuchai's promotion of supply-side reforms and corporate transformation and upgrading of the situation and the latest results.
Prime Minister Li Keqiang Came to the Guangxi Delegation to the 5th Session of the 12th National People's Congress Prime Minister Li Keqiang Came to the Guangxi Delegation to the 5th Session of the 12th National People's Congress

Yuchai reduced tax by 85 million yuan last year

According to Fuping, the camp changed the value of Yuchai’s tax cut by 70 million yuan last year, and lowered the fees by 15 million yuan for five insurances and one gold. The company’s tax deductions were mainly invested in the research and development of new technologies, allowing the company to use smaller costs. Get more rewards. Premier Li Keqiang expressed his happiest news when he heard this news. He said that good things need to be spread for thousands of miles, because it can not only give confidence to domestic and foreign companies in investment, but also give government departments the incentive to inspire us to do our best. Li Keqiang emphasized that the reduction of fees is a matter of reforming the economy. However, this is the voice of the people and the requirements of the market players. We must continue to carry out the reforms.

Yuchai Group Chairman Zhang Ping Yuchai Group Chairman Zhang Ping

Yuchai insists on international development strategy

Luan Ping said in his speech that Yuchai is jointly developing a new generation of National VI (Europe VI) products with famous foreign scientific research institutions such as AVL Austria to fully participate in the international market competition. Yuchai also established a joint venture with MTU in Germany to introduce the S4000 series of high-speed engines in the world's most advanced technologies, which will help Yuchai develop its high-end high-power non-road engines and greatly enhance Yuchai's brand influence and internationalization. The Prime Minister took his words in mind and said that in expanding its opening up, Guangxi enterprises must actively participate in international cooperation and competition, be based on innovation and drive the release of dual-creating potential, insert wings for the transformation of old and new kinetic energy, and push the industry towards high-end and entities. Economic transformation and upgrading.

It is recommended to accelerate the independent research and development of engine core technology

China's motor vehicle emission standards have been continuously improved, but the core technologies of the four countries, five countries and six countries, that is, the engine's EFI technology are still in Germany, the United States, and other countries. Due to this, the domestic automobile and engine manufacturing industries have higher costs. It is hoped that the state can allocate special funds, overcome the technology as soon as possible, upgrade China's engine core technology manufacturing capabilities, and promote the development of the engine and automotive industries.

Guangxi delegation plenary session Guangxi delegation plenary session

It is recommended to continue to use tax

From the perspective of healthy and stable development of the entire industry chain, on the one hand, it is recommended that the State appropriately postpone the implementation of State VI. On the other hand, it is recommended that the national and local governments at all levels provide special policy support for the development of S6 engines and non-road T4 engines, such as Special research and development funds are allowed to fully deduct corporate income tax, and all of them are reduced or exempted from terminal sales tax.

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