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On October 27, the conference for the development of the industrial communications industry in the third quarter was held at the new office of the State Council. At the meeting, Zheng Lixin, spokesperson of the Ministry of Industry and Information Technology and director of the Office of Operational Monitoring and Coordination, stated that with the continuous advancement of structural reforms on the supply side in recent years, there have been continuous efforts to increase the efficiency of industrial growth, restructuring, and structural adjustment. In the first three quarters of the year, the industrial operation was generally stable, and the stability was steady. The industry continued to improve while maintaining stability and efficiency.
What is more worth mentioning is that the benefits of industrial enterprises have been significantly improved, the quality of manufacturing industry has improved significantly, and the added value has reached the best level in three years.
Significant improvement in the efficiency of industrial enterprises In the first three quarters, the industrial operation was stable and better than expected. Industrial production was stable. In the first three quarters, the added value of industries above designated size increased by 6.7% year-on-year, and the growth rate was 0.7 and 0.5 percentage points higher than that of the same period of last year and the same period of the previous year. The steady increase accelerated slightly.
What is more worth mentioning is that the profitability of industrial enterprises has improved significantly. In the first three quarters of the year, the main business income and total profit of industrial enterprises above designated size increased by 12.5% ​​and 22.8% respectively year-on-year.
Among them, the manufacturing industry has improved quality and efficiency. The added value of the manufacturing industry grew by 7.3%, which was faster than the overall growth rate of the industry by 0.6%, which was faster than the same period of last year and the growth rate of the previous year and reached the best level in three years. Zheng Lixin said, “From the survey and monitoring of 7,000 companies in our department, 48% of companies with good production and management status have increased by 10.6 percentage points over the same period of last year.â€
At present, structural reforms on the industrial supply side have been actively promoted. The steel production capacity reduction task has been speeded up. At present, it has completed the scheduled target tasks, banned the “Grid Steel†task according to law, and electrolytic aluminum, cement, plate glass and other industries continued to resolve excess production capacity. The cost-cutting work has been accelerated and the effect has been obvious. The list of state-owned enterprises involved in state-owned enterprises has been issued and announced, and more than 200 projects related to corporate guarantees have been cancelled. Actively adapting to changes in consumption upgrades, focusing on increasing variety, improving quality, and creating brands, the supply capacity of high-end products has been further improved, and product output in line with consumption upgrades has grown faster. Information consumption has contributed to the economic growth. Smart information consumer products are growing rapidly.
Vigorously revitalizing the manufacturing industry has also made important progress. The Ministry of Industry and Information Technology fully implements "Made in China 2025", steadily promotes the construction of the "Made in China 2025" Pilot Demonstration Cities (Group), researches and creates the "Made in China 2025" national demonstration zone, and implements the five major projects of manufacturing innovation center and intelligent manufacturing. The optimization of the structural adjustment of the manufacturing sector was accelerated. In the first three quarters, the increase in the value-added of the electronics manufacturing and equipment manufacturing industries was faster than that of the overall industry by 7.2 and 4.4 percentage points, respectively. These two industries have become the main force driving industrial growth this year. The added value of consumer goods industry was 1.1% faster than that of the overall industry, and remained stable overall. The industrial benefits of raw materials have improved significantly. The high-tech manufacturing industry grew rapidly. In the first three quarters, the added value of high-tech manufacturing grew faster than the overall industrial growth rate by 6.7 percentage points.
The continuation of the favorable trend in the fourth quarter: "In the first three quarters of the year, the industrial economy achieved stability, improved, and better than expected. It was the result of the correct leadership of the Party Central Committee with Comrade Xi Jinping as the core. It was the conscientious implementation of the decision-making arrangements of the Party Central Committee and the State Council. As a result, it is also the result of joint efforts made by the industrial system. The smooth operation in the first to third quarters has laid a good foundation for achieving the goals and objectives of the year, said Zheng Lixin.
This year, with the complex and volatile external environment and the internal structural contradictions still existing, the first three quarters of the industrial economy have achieved steady, positive, and better than expected. It is not easy to achieve such an unexpected result, not only for the maintenance of the national economy. Contributions made in a reasonable range have also laid an important foundation for the completion of the year's expected industrial growth targets.
Regarding expectations for the whole year, Zheng Lixin pointed out that we have conducted a comprehensive analysis and it is expected that the industrial economy in the fourth quarter is expected to continue its stable trend from January to September, corporate profits will continue to grow, and the industrial transformation and upgrading will continue to accelerate. The conversion of kinetic energy will also continue to advance in an orderly manner, and the confidence of the company’s development will continue to increase. In particular, the 19th Party Congress, which has just concluded, has added confidence in the development of our industrial communication system.
We will earnestly implement the spirit of the Nineteenth Party Congress, firmly establish and implement new development concepts, continue to promote structural reforms in the supply side of the industrial sector, promote steady growth, promote reform, adjust the structure, benefit people's livelihoods, and prevent risks in various policies. Implement and keep the industry running smoothly.
Improve quality and efficiency, obviously, the value added of manufacturing industry reaches the best level in three years
In the context of the full implementation of the strategies of manufacturing powerhouses and power-building countries, the strategic transformation of manufacturing from quantity expansion to quality improvement, and the steady improvement of the industrial economy, the industrial and communications industries have made contributions to the industry in the third quarter. A beautiful answer.