The Two Conferences Listened to the Wind: What the Government's Work Report Says to the Lithium Battery Industry in 2018


两会,政府工作报告,锂电池

The 1st session of the 13th National People's Congress was opened at 9 am on the 5th in the Great Hall of the People. Premier Li Keqiang of the State Council made a government work report on behalf of the State Council, summed up the work of the government over the past five years, and proposed suggestions for the work of the government in 2018.

Batteries China Network believes that Premier Li Keqiang mentioned in the government’s work report several times the issues related to the lithium power industry, such as new energy vehicles and energy structure transformation, and in the government’s work proposal in 2018, he adjusted from the supply side and built an innovative country. Deepening reforms, expanding consumption, and promoting investment have revealed that the country supports the development of the new energy auto industry and intensifies its development vision to promote the optimization of China's energy structure. It will undoubtedly have a macro-directive role in the development of China's lithium power industry.

Economic development is expected to rise steadily to create long-term economic growth

While fully affirming the achievements of the previous government, the report also faced many deficiencies in the development of the current stage. Combining the current development situation, the government work report made predictions for the development of 2018 and put forward the economic growth target of “GDP growth of about 6.5% in 2018”. In order to realize the 2018 development expectation, the country’s policy orientation is “the orientation of positive fiscal policy remains unchanged, and it is necessary to work together to increase efficiency; stable monetary policy remains neutral and moderate and moderate”.

Analysis of the battery China Network, "GDP growth of about 6.5%," the goal of economic growth, stable and steady progress, stable and relaxed economic policy, for the current development of lithium power industry is good. "The cohesiveness and efficiency of fiscal policy and the tightness of monetary policy" have revealed that the government intends to consolidate the development results of the current stage and concentrate on the policy intention of developing advantageous industries. The new energy automobile industry is beginning to take shape. It will undoubtedly become a strong starting point for the government to stimulate economic growth in 2018, and the supporting lithium power industry will also be subject to favorable policies.

Promoting supply-side reforms to release significant benefits to the lithium industry

In further advancing structural reforms on the supply side, in its recommendations for government work in 2018, it pointed out that “we must accelerate the building of strong manufacturing countries. We must promote the development of integrated circuits, fifth-generation mobile communications, aircraft engines, new energy vehicles, and new materials, and implement them. Major short-board equipment special projects, development of industrial Internet platforms, establishment of "China-manufactured 2025" demonstration areas, substantial reduction of industrial production licenses, strengthening of product quality supervision, comprehensive implementation of quality improvement actions, promotion of internationally advanced standards for compliance, and promotion Craftsmanship, a quality revolution made in China."

At the same time, the government's work proposal in 2018 also pointed out that "we must further reduce corporate tax burden" and "substantially reduce the non-tax burden on enterprises." These include “focusing on lowering the tax rate for manufacturing, transportation and other industries, raising the annual sales standards for small-scale taxpayers, and greatly expanding the scope of small and micro enterprises that enjoy preferential policies for levying 5% reduction in income taxes. "Upper limit", "Continued to reduce the company's "five-risk and one-gold" contribution ratio. Reduce the tariffs of power grid links and transmission and distribution prices, the average commercial and commercial electricity prices decreased by 10% on average" and many other measures, and eventually reached "the year again for businesses and individuals A tax reduction of more than 800 billion yuan, promoting the transformation and upgrading of the real economy, focusing on stimulating market vitality and social creativity," and "reducing non-tax burdens for market entities for more than 300 billion yuan throughout the year, unreasonably resolutely abolished, excessively resolutely declining The purpose of development is to enable companies to develop themselves in a light and cohesive manner.

Batteries China Network believes that "Made in China 2025" is of great significance as the first decade of the Chinese government's implementation of the strategy of creating a powerful country. New energy vehicles, new materials and other industries have become a concrete manifestation of the current stage of “Made in China 2025”. The state must speed up the building of a powerful country and further promote "Made in China 2025." Lithium power companies will put forward higher requirements. At the same time, the entire lithium industry will also be a strong boost. The reduction of taxes and fees for enterprises helps reduce market pressure and increase market vitality, which is a great advantage for the development of enterprises.

"Shuangchuang" upgrade lithium industry or into "production and research" work focus

In terms of speeding up the construction of innovative countries, the 2018 proposal for government work points out that “we must provide all-round innovation and entrepreneurship services, promote the construction of 'Double Innovation' demonstration bases, and encourage large enterprises, universities and research institutes to open up innovative resources and develop platforms. The economy and the sharing economy form a pattern of innovation and entrepreneurship that integrates online and offline, production and research collaboration, and integration of large and small enterprises. At the same time, we must also “set up a national financing guarantee fund to support the listing and financing of high-quality and innovative enterprises, and expand the experimental scope of tax incentives for venture capital and angel investment to the whole country.”

Batteries China Network believes that the lithium industry's progress depends on scientific progress and technological innovation. It is currently a key industry in which “production, study and research” is integrated. The country further promotes “double innovation” upgrades, promotes the integration of “production, research, and research” and is conducive to the overall industry. Development will benefit the improvement of the technological level and manufacturing level of the lithium industry. At the same time, the country will further strengthen its investment in innovative companies and will provide a more relaxed capital environment for lithium-ion power companies.

New Energy Vehicles Drive Consumer Deliberation Clearly Open Pattern Helps Lithium Power Industry Become Bigger and Stronger

In the aspect of actively expanding consumption and promoting effective investment, the government’s work proposal in 2018 pointed out that “the basic role of consumption in economic development is to be enhanced. The promotion of consumption upgrade and the development of a new model for consumption in new industries. The preferential policies for the purchase of new energy vehicle vehicles It will be prolonged for another three years to completely abolish the policy of restricting the use of used cars. At the same time, we must “fully liberalize the general manufacturing industry, expand the opening up of telecommunications, medical care, education, pensions, and new energy vehicles”, promote overall opening up, and promote the steady growth of foreign investment. .

Batteries China Network believes that the government has great expectations for new energy vehicles and is trying to build the new energy automobile industry into a new economic growth point in China. The opening up of new energy vehicles is conducive to the introduction of foreign investment by enterprises, and the strengthening of related technologies. It is also conducive to the "going out" of products and is conducive to the further expansion of the market. In this process, domestic lithium battery companies will undoubtedly become beneficiaries.

At the same time, the government’s work report also elaborated on issues such as energy structure adjustment, energy conservation and emission reduction, and ecological environment. The government work report pointed out that in 2018, it is necessary to achieve the “development goal of reducing energy consumption per unit of gross domestic product by more than 3%, and the continued decline in the discharge of major pollutants”. We must continue to promote pollution prevention and achieve greater results. The government work report pointed out: "We must adhere to market-based legal measures and strictly implement regulations and standards concerning environmental protection, quality, and safety, resolve excessive production capacity, and eliminate backward production capacity."

Batteries China Network believes that the majority of lithium battery companies have made important contributions to China's energy structure transformation, energy conservation and emission reduction. The state will further promote the transformation of energy structure, energy conservation, and emissions reduction, which will benefit the development of the lithium battery industry. At the same time, lithium-ion companies should also do a good job of recycling lithium-ion batteries, establish a low-carbon and green development awareness, optimize their production capacity design, and contribute to China's economic development in 2018.



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