General Rules for Technical Regulations on the Circulation of Second-Hand Equipm

[2010-03-04 08:58:33]


The domestic trade industrial standard, the General Rules for Technical Regulations on the Circulation of Second-Hand Equipment (SB/T 10529-2009) issued publicly by the Ministry of Commerce (MOFCOM) officially took office as of March 1, 2010.

In recent years, with Chinese fixed assets investment expanding increasingly and the sustained development of the leasing industry, the social idle equipment is increasingly rising, with the circulation of second-hand equipment accelerating. Based on the investigation of the Leasing and Used Equipment, China Association of Used Equipment, the volume of second-hand engineering devices trade in 2009 amounted to approximately RMB100b, with the average annual growth of more than 20%. However, the circulation of second-hand equipment confronts some restraining factors, featuring non-standard transactions of second-hand equipment, small-scale business subjects and no scientific identification of quality and basis of value evaluation.

The General Rules for Technical Regulations on the Circulation of Second-Hand Equipment (SB/T 10529-2009) stated normative requirements for related glossaries, definitions, classifications, qualities, appreciations, the procedures of appreciations and transactions, with specific requirements for the universally-concerned the quality of second-hand equipment in such aspects as the operating, technical, safety and environmental protection. And the standard also offers the sample for the report of quality appreciation of second-hand equipment in the form of normative appendix to add the practicability and maneuverability. The releasing of such standard will help to raise the overall level of the second-hand equipment circulation enterprises and prevent the trade risks, protect the legal rights and interests of related traders, boost the standardization, normalization and specialization of the second-hand equipment circulation and promote the healthy development of the industry.

To develop second-hand equipment circulation market is in line with the requirements for the construction of conservation-minded society and development of recycling economy but benefits the promotion of the reasonable utilization of social resources. MOFCOM will next organize relevant units to do well the publicity and training of the standard, appropriately carry out the cultivation of standardized model enterprises and model market, speed up the formulation of such badly-needed criteria by market as the Technical Requirements for the Circulation of Second-Hand Excavators, the Technical Requirements for the Circulation of Second-Hand Loaders and the Technical Requirements for the Circulation of Second-Hand Concrete Pump Trucks, perfect the system of second-hand equipment circulation standard and boost the normative development of the industry.

Source: MOFCOM Information Office