In recent years, the export profits of my country's machine tool equipment casting products have dropped significantly. Recently, in accordance with relevant national regulations, the tax reduction and exemption policies for foreign-funded enterprises importing machine tool casting equipment have been adjusted, which means that foreign-funded enterprises will not be able to enjoy tariff-free and value-added tax concessions when importing such equipment. This is an invisible protection for the domestic foundry industry, providing a buffer zone in a fierce market environment.

After the adjustment of the tax reduction and exemption policy for imported machine tool casting equipment, newly approved foreign-invested projects will be subject to tariffs if they import CNC machine tool casting products and pressure forming machines listed in the "Domestic Investment Exemption Catalog." In other words, foreign-funded enterprises can only enjoy CNC machine tools and pressure forming machines that can not meet the requirements of the existing domestic technology, so that they can enjoy relevant discounts. This is undoubtedly a rare opportunity for the vigorous development of China's machine tool casting equipment. China's machine tool casting equipment is in urgent need. Seize the opportunity to promote the better development of domestic machine tool casting equipment.