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The Overall Operation Of The Industrial Economy Is In A Reasonable Range
- Feb 03, 2019 -

According to data released by the National Bureau of Statistics recently, the added value of industrial enterprises above designated size increased by 6.2% in 2018. Among them, the industrial growth rates in September, October, November, and December were 5.8%, 5.9%, 5.4%, and 5.7%, respectively, which slowed for several consecutive months,Some economic indicators have experienced short-term changes, and downward pressure has increased.

"At present, China's industrial economy is generally in a reasonable range. It is normal for some indicators to have some fluctuations between months. We can't be led by short-term changes, and we must maintain our strength."Huang Libin, spokesperson of the Ministry of Industry and Information Technology and director of the Operational Monitoring and Coordination Bureau, said in an interview with the Economic Daily that the causes of fluctuations have both external factors and structural adjustments, and some have to pay.

Although the industrial growth rate fell below 6% in the four months after 2018, Huang Libin believes that China's industrial economy is large in scale and resilient, and has sufficient capacity to cope with various risk challenges.In 2018, China's industrial added value continued to maintain its number one position in the world.The production of more than 220 major industrial products maintains a world-leading position and has the most complete industrial system in the world.In particular, the development of the digital economy, the digital dividend generated by the digitalization, networking and intelligent development of the manufacturing industry has injected new momentum into the development of the manufacturing industry.

"China continues to innovate and improve macroeconomic regulation and control, paying attention to time strain, camera adjustment, and economic operation in a reasonable range. The industry has not experienced major ups and downs under the new downward pressure."Huang Libin believes that in the long run, the fundamentals of China's industrial development are good, the structural problems affecting the sustainable and healthy development of the industry are gradually solved, and the conditions for achieving high-quality development of industrial manufacturing are constantly improving.

In 2018, China's supply-side structural reforms achieved significant phased results, and the supply-demand relationship in key industries has undergone significant changes.The “13th Five-Year Plan” for steel production has been overfulfilled in advance, and the “zombie enterprise” has been steadily advancing. The long-term mechanism for backward production capacity has been continuously improved, and the industrial capacity utilization rate has risen steadily.

On the one hand, new kinetic energy accelerates growth and growth.China has accelerated the key core technology research, increased the inclusive support for entrepreneurial innovation, promoted the promotion and application of major technological equipment, promoted the development of intelligent manufacturing, new industries, new formats and new models emerged in an endless stream, the contribution rate of advanced manufacturing to industrial growth continues to rise.In 2018, the added value of high-tech manufacturing increased by 11.7% year-on-year, which was significantly faster than the overall growth of the industry. The output of products such as new energy vehicles and smart TVs that adapted to consumption upgrades and intelligent development maintained rapid growth.

On the other hand, the upgrading and upgrading of traditional industries has been accelerated, and the development of manufacturing integration and green development have taken new steps.At present, China's traditional manufacturing industry accounts for more than 80% of industrial added value. Accelerating the transformation and upgrading of traditional manufacturing industries and continuously enhancing its scale effect and industrial competitiveness is a major task in promoting the high-quality development of manufacturing.The Ministry of Industry and Information Technology has continued to carry out industrial quality improvement actions for many years, and implemented a new round of major technological transformation projects and industrial strong foundation projects, continuously deepening the integration of manufacturing and Internet development, deepening the green development of recycling manufacturing and manufacturing, the ability and level of sustainable development of industrial manufacturing has increased significantly.

The business environment has improved significantly and the market vitality has been continuously released.By deepening the reform of "distribution suits", we will speed up the correction of the "rolling door", "glass door" and "revolving door" phenomenon, and greatly reduce the burden of corporate taxes and fees.In 2018, the burden of corporate taxes and fees was reduced by more than 1.3 trillion yuan, and the average industrial and commercial electricity price was reduced by more than 10%. In the first 11 months of 2018, the cost per 100 yuan of main business income of industrial enterprises above designated size decreased by 0.21 yuan."In 2018, China canceled the restrictions on the access of ships, aircraft, foreign-owned vehicles and special-purpose vehicles, and new energy vehicles. The timetable and road map for automobile opening were clarified. The general manufacturing industry has basically formed a new pattern of comprehensive opening and deep integration into the global industrial chain. System." Huang Libin said.