Traditional Culture Encyclopedia - Traditional stories - What does it mean to achieve capacity replacement through commitment?

What does it mean to achieve capacity replacement through commitment?

Commitment capacity replacement refers to the process of capacity replacement in which relevant enterprises or units realize capacity transfer or replacement through commitment. The purpose of this method is to encourage enterprises or units to actively participate in capacity replacement and ensure that they can fulfill their commitments to a certain extent. For example, an enterprise promises to close or eliminate some backward production lines and invest in building new advanced production lines in exchange for new production capacity or other support provided by the government. This way can make enterprises more active in the process of capacity replacement, and it is also conducive to ensuring the interests of both the government and enterprises.