2023-10-23 03:16:00
Xinhua News Agency, Beijing, October 23 (Xinhua) “Economic Information Daily” published an article on October 23, “Reading Data to View the Situation | Steady Recovery and Climbing “High” to “New” – Insights into the Highlights of the Industrial Economy in the First Three Quarters.” The article stated that in the first three quarters, the added value of industries above designated size increased by 4% year-on-year, and the growth rate was 0.2 percentage points faster than the first half of this year; investment in high-tech manufacturing increased by 11.3% year-on-year, maintaining double-digit growth for 36 consecutive months; new energy Automobiles, photovoltaic products, aerospace vehicles and equipment are growing rapidly; the process of digital transformation is accelerating, and nearly 10,000 digital workshops and smart factories have been built…
It can be seen from the recently released industrial and informatization-related data that in the first three quarters of this year, the industrial economy has achieved effective qualitative improvements and reasonable quantitative growth. The industrial structure has continued to be optimized, new drivers of growth and new advantages have continued to gather and strengthen, and the vitality of innovation and development has been strengthened. Power continues to be released. “In the next step, we will seize the current critical period of economic recovery and the window period of industrial transformation, make greater efforts to ‘expand demand, enhance momentum, and defend the bottom line’, and go all out to stabilize industrial growth.” Zhao Zhiguo, chief engineer of the Ministry of Industry and Information Technology explain.
Since the beginning of this year, with the implementation of a series of “combinations” of policies to stabilize growth, the momentum of industrial economic recovery and development has continued to stabilize. Judging from the main economic indicators, industrial production has grown steadily. In the first three quarters, the added value of large-scale industries increased by 4% year-on-year, and the growth rate accelerated by 0.2 percentage points compared with the first half of this year. Enterprise efficiency has accelerated. Among them, in August, the profits of industrial enterprises above designated size increased by 17.2% year-on-year, and operating income and profits both turned from negative to positive.
“We focused on 10 key industries such as steel and non-ferrous metals that are large-scale and highly stimulating, and worked with relevant departments to formulate and implement work plans for stable growth from 2023 to 2024. With the joint efforts of all regions and departments, industrial production has grown steadily , the operation of major industries is generally stable, and the industrial structure continues to be optimized.” Zhao Zhiguo said.
Data show that in the first three quarters, the added value of 27 out of 41 major industrial sectors maintained year-on-year growth. The added value of the equipment manufacturing industry increased by 6% year-on-year, and the growth rate was 2 percentage points higher than the overall industry. Especially in September, the four industries of electrical machinery, chemicals, electronics and automobiles contributed nearly 60% to the overall industrial growth.
“The industrial economy as a whole shows a development trend of recovery in production, steady investment growth, and steady rebound in consumption. From an industry level, the equipment manufacturing industry represented by automobiles, electrical machinery, and railway ships has become an important driver of industrial production, investment, and exports. Power.” Qiao Baohua, director of the Industrial Operation Research Office of the Institute of Industrial Economics of the China Electronic Information Industry Development Research Institute, told reporters.
The industrial economy of most provinces has recovered stably, and the supporting role of major industrial provinces has increased. Data show that in the first three quarters, the industrial added value of 28 of 31 provinces increased year-on-year, and the growth rate of 20 provinces accelerated or the decline narrowed compared with the first half of the year. The growth rate of 8 of the ten major industrial provinces accelerated compared with the first half of the year, and the growth rate of 6 provinces including Jiangsu, Shandong, Sichuan, Hebei, Hubei and Zhejiang was higher than the national average.
A closer look at the industrial and informatization data in the first three quarters shows that advanced manufacturing has accelerated its development, and products in the new kinetic energy field have maintained a relatively high growth rate.
In the first three quarters, investment in high-tech manufacturing increased by 11.3% year-on-year, 5.1 percentage points higher than investment in manufacturing; the output of solar cells and charging piles increased by 63.2% and 34.2% respectively, and the production and sales of new energy vehicles completed 6.313 million and 6.278 million vehicles, a year-on-year increase of 33.7% and 37.5% respectively.
Qiao Baohua believes that the rapid growth of investment in high-tech manufacturing will continue to optimize the investment structure, thereby optimizing the supply structure, promote the continued growth of new products, new industries and new formats, and release new momentum for economic growth.
At the same time, the digital transformation process of the manufacturing industry is accelerating. Data shows that the industrial Internet has been integrated into 45 major categories of the national economy, with 50 cross-industry and cross-field industrial Internet platforms and nearly 90 million sets of connected equipment. Nearly 10,000 digital workshops and smart factories have been built, with remarkable results in improving industrial quality and efficiency.
“The widespread use of digital technology has brought profound changes to the production models and forms of traditional industries, effectively promoting the comprehensive circulation and circulation of data.” Zhao Zhiguo introduced that according to a survey by a research institution, 85% of the surveyed companies’ production efficiency has significantly improved, and their production efficiency has increased significantly. Online time is reduced by 20%.
While the industrial economy is stabilizing and improving, the efficiency of industrial enterprises is recovering at an accelerated pace, and expectations are improving. Data from the Ministry of Industry and Information Technology show that in the first three quarters, many key indicators of the economic performance of small and medium-sized enterprises have rebounded and improved. Data from the National Bureau of Statistics also shows that the expected index of comprehensive business conditions of enterprises in the third quarter increased significantly both month-on-month and year-on-year. Among them, companies expected to have optimistic operating conditions in the fourth quarter increased by 1.2 and 0.7 percentage points respectively month-on-month and year-on-year.
“In terms of employment and investment, companies’ employment expectations and investment intentions for the fourth quarter have both rebounded. Among them, employment expectations have increased by 0.4 points month-on-month and 2.7 points year-on-year; investment expectations have remained unchanged month-on-month and increased 2.3 points year-on-year.” Jiang Yuan, deputy director of the Industrial Statistics Department of the National Bureau of Statistics, said recently.
“In general, although the current industrial economy is facing difficulties such as insufficient demand, the fundamentals of my country’s long-term industrial economy are still solid. We must strengthen development confidence, expand demand, enhance momentum, hold on to the bottom line, and go all out to ensure industrial stability. growth, providing strong support for promoting the overall improvement of economic operations.” Zhao Zhiguo said.
Tao Qing, director of the Operation Monitoring and Coordination Bureau of the Ministry of Industry and Information Technology, said that it will accelerate the cultivation of new momentum for industrial development, promote the integration and docking of the innovation chain, industrial chain, capital chain, and talent chain, and orderly promote the start of projects in key areas such as integrated circuits, new displays, and lithium-ion batteries. Construction, study and formulate a new round of continued policies to support the development of the audio-visual industry, accelerate the replenishment of weak industries, the extension of advantageous industries, the upgrading of traditional industries, and the construction of emerging industries, promote the construction of new growth engines, and expand development space. (Reporter Guo Qian)
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