In addition, the ministry has asked local authorities to actively promote the launch of preferential policies to support the development of the remanufacturing industry, rapidly launch the preparatory work for the technological transformation projects and strengthen the direction and coordination of pilot remanufacturing enterprises. The ten remanufacturing enterprises include XCMG Construction Machinery, Guangxi Liugong Machinery, Sany Group, BaoSteel Equipment Maintenance Co., Xiangtan Electric Manufacturing Corporation (XEMC), New Heavy Beijing Sanxing Automobile Co., Ltd., Dalian Marine Valve Manufactory Co., Ltd and Fuji Xerox, Eco-Manufacturing (Suzhou) Co., Ltd It is learned that the ministry has released the first batch of 13 pilot remanufacturing enterprises in October last year and the second batch of nine pilot remanufacturing enterprises on December 7 last year, including subsidiaries of China CNR Corporation Limited and Tiandi Science and Technology. The remanufacturing industry is the industrialization of renovating and reforming waste and old products through high technology, so energetically developing remanufacturing industry is a key way to actualize recycling industry, efficient use of energy, reduction of emission and sustainable development. China develops its own manufacturing engineering on the basis of maintenance engineering and surface engineering, mainly applying service life evaluation technology, compound surface engineering technology, nanometer surface technology and automation surface technology, none of which has been applied in foreign remanufacturing industry yet. With same quality as new products, remanufactured products can save 50 percent costs, 60 percent energy and 70 percent raw materials. Comprehensively utilizing information technology, nanotechnology and biotechnology, remanufacturing industry makes the most effective use of the potential value in waste and old materials, Xu Binshi, academician of China Engineering Academy, said.

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