Variantsshaft arrangement looking at side Ty B3-HV-8-D Bevel-helical gear boxes B3

Flender/Flender Gear Units/Bevel-helical gear boxes B3

R 8-1, December 1. 2 Favre, . 3. 2 ASME Gear Research Institute, "Gear Research In China," Transmissions, May 1, pp. 3 and 7. 2 ibid. 2 China' Machine Tools and Tools, China Machine Tool & Tool Builders' Association, 1st ed., 1. Government Policies and Programs China' new open-door policies have precipitated significant organizational changes in its political and economic structure which are intended to promote industrial growth and development. In China' drive to modernize, significant strides have been made towards the formation of market-oriented economy and greater commitment to economic and trade reforms. China' system of foreign trade has been decentralized and made more efficient. Chinese development policies stress import substitution, with particular impor- tance placed on the development of transportation, energy. technology, telecommunica- tions, and the production of raw materials. Present government policy encourages foreign investment along China' coastal regions in an attempt to boost export-oriented labor-in- tensive production. China' new customs laws provide for reduction or an exemption in custom duties on goods imported into, or exported from, special economic zones. In 1, special provisions were introduced by the State Council to promote the use of foreign capital by export-oriented high-tech entities. Those provisions included lowering service fees; lowering or eliminating labor insurance, medical care, welfare benefits and housing subsidies; reduction in site-use fees; priority for services and supplies given to export oriented high-tech companies; priority given by the Bank of China for loans; ex- emptions for taxes on profits sent abroad; 5-percent reduction in income taxes; reduction or extension of enterprise income tax waivers; remittance of income taxes al- ready paid on reinvested profits; and exemption from commercial and industrial taxes. 2 Besides tariffs, the Chinese government uses other means of regu