The government strongly supports the development of instrumentation industry

At present, the government's support for the instrumentation and metering industry is increasing, and the instrumentation industry has maintained a high level of economic performance for six consecutive years.

Although the global economy is currently affected by the financial turmoil, Dongpu has slowed down in various industries. However, from the current situation, the growth rate of the instrument industry has not slowed down.

There are two main reasons:

First, the country's economy is still operating at a high level; according to past experience, if the GDP growth is above 10%, the instrument industry's growth rate will be between 26% and 30%.

Second, there is a lag period in the impact of the national macro-control on the instrument industry. Meters are often delivered late in the project. Therefore, the investment that is reduced due to macro-control policies will not have much impact on the instrument industry this year.

Foreign instrumentation companies began to change their investment methods, which were originally based on sole proprietorship.

The change in this type of investment mainly reflects two aspects:

First, it began to focus on acquiring and merging domestic excellent manufacturing enterprises;

The second is the constant increase in the proportion of commissioned production.

It is not easy for foreign companies to acquire outstanding domestic companies. Last year alone and in the first half of this year, the Ministry of Science and Technology had set up six research topics on instrumentation, and government financial support exceeded 100 million yuan. This unprecedented level of support allows domestic excellent instrument manufacturers to have a broader space for development.