Tungsten heavy alloys (THAs) are a family of metallic materials that are composed of tungsten (W) as the primary constituent and one or more other elements such as nickel (Ni), iron (Fe), copper (Cu), and cobalt (Co). THAs are known for their high density, high strength, and excellent radiation shielding properties. They are used in a variety of applications, including aerospace, defense, medical, and nuclear industries. Tungsten Heavy Alloy Product,Tungsten Alloy Tube,Tungsten Tube For Oil And Gas,Tungsten Alloy Pipe For Radiation Shielding Zhuzhou Jiuding Metal Technology Co., Ltd. , https://www.zztungstenheavyalloy.com
It is understood that the impact of international machine tool product imports on the domestic machine tool industry is not small, not conducive to the accelerated transformation of the domestic machine tool industry. However, at the end of October, China’s readjustment of the tax exemption policy for foreign-funded enterprises importing machine tool foundry equipment will reduce the import of machine tool products by foreign-funded enterprises to a certain extent, and ease the import and export deficit.
According to relevant media reports, due to the cold weather of the financial crisis in recent years, the chills around the machine tool equipment foundry industry in China have been difficult to disperse, resulting in a significant drop in the export profits of domestic machine tool casting products. Recently, according to the relevant regulations of the state, adjustments have been made to the policy of tax exemption for foreign-funded enterprises importing machine tool casting equipment. This means that foreign companies that import these equipment will not be able to enjoy the exemption from customs duties and value-added tax as they have in the past. This is an intangible protection for the domestic foundry industry, providing a buffer zone in a fierce market environment.
It is reported that after the adjustment of policies, newly approved foreign-funded projects will be subject to tariffs if they import CNC machine tool foundry products and pressure forming machines listed in the “Not for Tax Exemption from Domestic Capitalâ€. In other words, foreign-funded enterprises can only enjoy the relevant preferential treatment by importing CNC machine tools and pressure forming machines whose domestic existing technologies cannot meet the requirements of the index. This is undoubtedly a rare opportunity for the vigorous development of China's machine tool casting equipment. China's machine tool foundry equipment is in urgent need. Seize the opportunity to promote the better development of domestic machine tool casting equipment.
The density of THAs ranges from 15 to 19 g/cm3, which is two to three times higher than that of steel. This high density makes THAs ideal for applications that require weight reduction, such as aerospace and defense. THAs are also known for their high strength, which makes them suitable for use in high-stress applications such as armor-piercing projectiles and kinetic energy penetrators.
THAs are also excellent radiation shields due to their high density and atomic number. They are used in medical applications such as radiation therapy and in nuclear power plants to shield workers from radiation exposure. THAs are also used in collimators, which are devices that shape and direct beams of radiation.
Overall, tungsten heavy alloys are versatile materials that offer a unique combination of properties that make them ideal for a wide range of applications.
The State Adjusts the Tax Reduction and Tax Exemption for Imported Machine Tools of Foreign Enterprises