In 2020, the added value of industries above designated size nationwide will increase by 2.8%over the previous year, the added value of high-tech manufacturing will increase by 7.1%, and the income of enterprises will change from decline to increase-the recovery of the industrial economy is the positive growth of the Chinese economy Strong support. Lu Shan, Director of the Department of Industrial Statistics of the National Bureau of Statistics recently pointed out that in 2020, facing the impact of the new crown pneumonia epidemic and the complex and severe domestic and foreign situations, the level of production resumption of enterprises has been steadily improved, industrial production has continued to recover steadily, and the production and operation of enterprises have continued to improve. China’s industrial economy has maintained a stable and positive trend.
Industrial growth is picking up quarter by quarter
The data released by the National Bureau of Statistics show that China’s industrial economic operation in 2020 will show the following characteristics:
The quarter rebounded and the fourth quarter grew rapidly. In 2020, the added value of industries above designated size nationwide will increase by 2.8%over the previous year. In terms of quarters, the first quarter fell by 8.4%, the second, third, and fourth quarters increased by 4.4%, 5.8%, and 7.1%, respectively. Industrial production showed a steady upward trend quarter by quarter.
Most industries and products have achieved growth, and the growth area has continued to expand. In terms of industries, in 2020, among 41 major industries, 25 industries will increase in value over the previous year, an increase of 5 from the previous three quarters, and the industry growth area will expand by 12.2 percentage points. In terms of products, among 612 industrial products, 341 kinds of products increased over the previous year, an increase of 58 kinds over the previous three quarters, and the product growth area expanded by 9.5%.
Industrial exports are close to the scale of the previous year, and major industries such as electronics have performed well. In 2020, the export delivery value of industrial products fell by 0.3%compared with the previous year, and the decline was significantly narrower than the previous three quarters by 2.8 percentage points. The annual industrial export scale was close to the previous year’s level. Among them, exports in November and December increased by 9.1%and 9.5%respectively, and the growth rate has rebounded significantly, reaching the highest level since 2019.
High-tech manufacturing is growing rapidly, and emerging products are growing strongly. In 2020, the added value of high-tech manufacturing will increase by 7.1%over the previous year, which is 4.3 percentage points higher than the average level of all regulated industries. Among them, the added value of medical equipment and instrumentation manufacturing, electronic and communication equipment manufacturing, and computer and office equipment manufacturing increased by 12.1%, 8.8%, and 6.5%respectively.
Continuous improvement of corporate efficiency
Whether industrial development is good or not depends on the efficiency of industrial enterprises. Lu Shan introduced that from January to November 2020, the operating income of industrial enterprises above designated size increased by 0.1%year-on-year, and the growth rate for the first time in the year changed from negative to positive. Driven by the gradual recovery of market demand and the rebound of industrial product prices, the total profit from January to November increased by 2.4%year-on-year.
Ministry of Industry and Information Technology Minister Xiao Yaqing previously stated that since 2020, the Ministry of Industry and Information Technology will give full play to the coordination role of the Office of the State Council’s Leading Group for Promoting the Development of Small and Medium-sized Enterprises, and work with all member units to do two things.””Subtraction” and two”additions” help SMEs to overcome difficulties.
——Do a good job of”subtracting” taxes and arrears. Promote the implementation of phased reduction and exemption of corporate social security fees, reduction of corporate electricity and gas prices, and rent reduction and exemption to reduce the burden on enterprises. In 2020, the scale of new tax and fee reductions will exceed 2.5 trillion yuan. Increase the efforts to settle the debts owed by state-owned enterprises to private and small and medium-sized enterprises. From January to November 2020, a total of 184.1 billion yuan of debts in arrears will be settled nationwide.
——Do a good job in credit and service”addition”. Implemented policies such as the phased deferment of principal and interest repayment for loans to small, medium and micro enterprises, and the increase of corporate credit loans support, benefiting more than 3.1 million households enterprise. In the first three quarters of 2020, the balance of inclusive small and micro loans reached 14.6 trillion yuan, a year-on-year increase of 29.6%. From January to November 2020, the public service system for small and medium-sized enterprises in various regions held more than 80,000 service events, carried out more than 6.3 million services, and served more than 57 million enterprises.
“Promoted by various business-benefit policies, small and medium-sized enterprises have overcome the impact of the epidemic and accelerated their recovery.” Xiao Yaqing said,”From January to November 2020, the total profit of small and medium-sized industrial enterprises nationwide increased by 6.9 year-on-year.%, achieving cumulative positive growth for 4 consecutive months.”
Grasp innovation, stabilize the industry, and promote transformation
How to do industrial work in 2021? The previous National Industry and Informatization Work Conference pointed out that in 2021, it is necessary to take the first step to build a new development pattern, see the new atmosphere, and highlight several key tasks:
—— Promote innovation and breakthroughs in basic and key areas. Give full play to the strategic supporting role of technological self-reliance and self-reliance on industrial development, focus on basic technologies and key areas, and vigorously improve manufacturing innovation capabilities.
——Strive to stabilize and optimize the industrial chain supply chain.”China is the world’s largest manufacturing country. It has an independent and complete industrial system and all industrial categories. It has obvious industrial scale and supporting advantages, and the industrial chain supply chain has strong resilience.” Xiao Yaqing pointed out that the current industrial chain supply chain still exists. We must make up for shortcomings, forge long-term developments, strengthen enterprises, implement industrial infrastructure reengineering projects, promote the transformation and upgrading of traditional industries to high-end, intelligent, and green industries, and implement various policies that benefit enterprises and stabilize enterprises. Cultivate a group of”chain master” enterprises with ecological leadership in the industrial chain.
——Accelerate the manufacturing industry’s digital transformation. Xiao Yaqing said that the digital economy has become an important driving force for economic growth. During the”13th Five-Year Plan” period, China’s digital economy has an average annual growth rate of 16.6%, The contribution rate to GDP growth exceeds 67%. In terms of industrial digitalization, it is necessary to deepen the implementation of intelligent manufacturing engineering, carry out digital transformation of the manufacturing industry, improve the standard system, strengthen pilot demonstrations, cultivate a group of system solution providers, and accelerate the pace of industrial equipment and enterprises’ cloud use. (Reporter Kong Dechen)