On April 19, the Information Office of the State Council held a press conference on the development of industry and information technology in the first quarter. Luo Junjie, spokesman of the Ministry of industry and information technology and director of the operation monitoring and Coordination Bureau, said that the industrial economy had a stable start in the first quarter, and the added value of industries above designated size increased by 6.5% year-on-year, 2.6 percentage points higher than that in the fourth quarter of last year, continuing the good momentum of stable recovery.
It is worth noting that the proportion of manufacturing industry further increased to 28.9%, the highest since 2016. The interviewed experts said that under the impact of the epidemic, the manufacturing industry has once again played a role as a ballast to stabilize the economy. However, the current epidemic has caused blocking points and sticking points in the supply chain of the industrial chain and difficulties in the production and operation of small, medium and micro enterprises. It is also necessary to dredge the logistics and transportation as soon as possible, alleviate the financial pressure of small and medium-sized enterprises, accelerate the quality upgrading and digital transformation of the manufacturing industry, and further improve the development toughness of the real economy.
Luo Junjie pointed out that at present, there is still a solid foundation to boost the industrial economy. Next, a series of specific measures will be taken to improve the “white list” system of key industrial chain supply chain, guide basic telecom enterprises to appropriately deploy 5g base station construction in advance, and strive to promote the steady growth of industrial economy in the second quarter and maintain the operation in a reasonable range throughout the year.
the proportion of manufacturing industry continues to increase
Luo Junjie pointed out at the meeting that a stable start of the industrial economy was achieved in the first quarter on the whole. Among them, the proportion of manufacturing industry further increased, 28.9% in the first quarter, an increase of 1.3 percentage points year-on-year, reaching the highest value since 2016.
Zhang Hangyan, a researcher at the Institute of industrial economics of the Academy of Social Sciences, analyzed that the rebound in the proportion of manufacturing industry shows the resilience of manufacturing industry to maintain economic stability. China’s investment and loan support for manufacturing industry is increasing. In the first quarter, manufacturing investment increased by 15.6% year-on-year, 2.1 percentage points faster than that of 2021, and faster than real estate investment and infrastructure investment. At the same time, under the impact of the epidemic, a large number of exports of manufacturing products have also provided strong support for the growth of the industry, and the export delivery value has maintained double-digit growth for several consecutive months.
Zhang Hangyan told the 21st Century Business Herald that the severe impact of the epidemic on the service industry is also one of the reasons for the increase in the proportion of manufacturing industry. Some manufacturing enterprises can ensure closed-loop production under the influence of the epidemic and play an important role in economic ballast. However, the multi-point spread of the epidemic since March has affected the smooth logistics. Some manufacturing enterprises are facing the problem of “blocking both ends” of raw materials and finished products, It needs to be dredged in time.
Luo Junjie said that at present, the Ministry of industry and information technology is taking multiple measures to ensure the smooth and stable supply chain of the industrial chain. It will improve the “white list” system of the supply chain of key industries, establish a daily scheduling mechanism for leading enterprises in key industrial chains involving national economy and people’s livelihood, such as automobiles, integrated circuits, consumer electronics, equipment manufacturing, agricultural materials, food and medicine, and give full play to the role of the smooth coordination platform of the supply chain of the industrial chain. At the same time, it will also timely coordinate and solve the problems and demands in enterprise logistics and transportation, strengthen the supply and price stability of important raw materials, strengthen the supply guarantee of key products such as potash fertilizer and rare and precious metals, continue to implement the key action of automobile chip, and make every effort to improve the chip supply capacity.
Xu Zhaoyuan, Vice Minister of the industrial economy research department of the development research center of the State Council, pointed out in an interview with the 21st Century Business Herald that maintaining the basic stability of the proportion of manufacturing industry is also the need to speed up the construction of a new development pattern with China’s large cycle as the main body and China’s international double cycle promoting each other. However, in the new development stage, maintaining the stable proportion of manufacturing industry does not mean one-sided pursuit of manufacturing scale growth. It is necessary to encourage the development of manufacturing industry with stronger technology spillover, industrial relevance and strong leading role.
According to the data of the National Bureau of statistics, in the first quarter, the added value of high-tech manufacturing above designated size increased by 14.2% year-on-year, and the role of new growth engine continued to appear. Among them, aviation, spacecraft and equipment manufacturing increased by 22.4%; Electronic and communication equipment manufacturing increased by 15.7%; The pharmaceutical manufacturing industry continued to maintain double-digit growth of 11.8%. High tech products continued to grow rapidly. In the first quarter, the output of polysilicon, photovoltaic cells, monocrystalline silicon, industrial Siasun Robot&Automation Co.Ltd(300024) and other products increased by 37.6%, 24.3%, 24.0% and 10.2% respectively year-on-year.
Qu Xianming, director of the manufacturing research office of the Chinese Academy of engineering, told the 21st Century Business Herald that China’s manufacturing industry has changed from “large but not strong” to “large and resilient”. The goal of China’s manufacturing industry is to get rid of the previous weak production chain, but to further promote the development of low-end products, it is still necessary to take the “quality” as the overall goal of China’s manufacturing industry. In order to get rid of the previous weak production chain, we need to further promote the development of high-end products.
SME support policy plus
In March, affected by the multi-point spread of the epidemic, geopolitical conflicts and other adverse factors, the production and operation difficulties of market players, especially small and medium-sized enterprises, increased.
According to the data released by the China Association of small and medium-sized enterprises, the development index of small and medium-sized enterprises in the first quarter of 2022 was 88.7, down 0.4 points month on month, falling for four consecutive quarters, lower than the level in the same period in 2021. Similarly, the PMI indexes of small and medium-sized enterprises in March were also in the contraction range.
Zhang Hangyan pointed out that at present, the Yangtze River delta still faces epidemic factors, and there are a large number of small and medium-sized manufacturing industries in the region. It is urgent to accurately study and judge the situation, introduce policies conducive to stabilizing the economy and market expectations, enhance the development confidence of small and medium-sized enterprises, ensure that the economy operates within a reasonable range and stabilize the macro-economic market.
The 21st Century Business Herald learned that the Bureau of small and medium-sized enterprises of the Ministry of industry and information technology has carried out the research on the “impact of the new round of epidemic on small and medium-sized enterprises” on April 13, and will begin to formulate response measures to help small and medium-sized enterprises in the short term.
Luo Junjie said that the follow-up Ministry of industry and information technology will make good use of the newly launched financial instruments such as 200 billion yuan of scientific and technological innovation refinancing and 100 billion yuan of refinancing in the field of transportation and logistics, support the financing of key industrial chain supply chain enterprises, help small, medium-sized and micro enterprises in transportation, logistics and warehousing alleviate the financial pressure, deeply carry out “benefiting enterprises together” small and medium-sized enterprise services, and prevent and resolve the arrears of accounts of small and medium-sized enterprises, A series of special actions to curb arbitrary charges related to enterprises.
“This year, the Ministry of industry and information technology plans to cultivate another 3000 or so ‘little giant’ enterprises, and drive the cultivation of provincial ‘specialized and special new’ small and medium-sized enterprises to reach about 50000. It will also work with the Ministry of finance to support another batch of ‘little giant’ enterprises to achieve high-quality development.” Luojunjie said that at present, the Ministry of industry and information technology is improving the recognition standards of “little giant” enterprises, and plans to start the fourth batch of “little giant” enterprise cultivation and recognition around May. At the same time, it will also study and formulate the management measures for the gradient cultivation and identification of high-quality small and medium-sized enterprises, launch the implementation of the action plan for enterprise management improvement (20222025), organize the cultivation and selection of single champion enterprises (products) in the manufacturing industry, and study and formulate the action plan of “hand in hand” to promote the financing and innovation of large and medium-sized enterprises.
It is worth noting that the previously issued three-year action plan for promoting the financing and development of large, medium and small enterprises has ended in 2021.
Tian bin, director of the Institute of industrial economics of the international economic and technological cooperation center of the Ministry of industry and information technology, told the 21st Century Business Herald that the plan has achieved positive results in the past three years, and the relevant guiding specific policies will keep pace with the times in the future. In addition, local governments need to take targeted supporting measures in combination with the reality of industrial development, and the market also needs to make a positive response to realize the better combination of effective market and promising government.
advance deployment of 5g base station construction
In order to strive to achieve a smooth succession in the second quarter, Luo Junjie pointed out that next, we will accelerate the investment in major projects, tap new consumption potential, promote the accelerated implementation of major projects and projects in the 14th five year plan of the manufacturing industry, support a number of major technological transformation projects for energy conservation and carbon reduction, guide basic telecom enterprises to deploy 5g base station construction moderately in advance, promote the formation of physical workload as soon as possible, and give full play to the hedging role of investment. At the same time, we will accelerate the integration and application of 5g technology with vertical industries such as energy, education, culture and tourism, and vigorously tap the consumption potential.
According to the data of the Ministry of industry and information technology, 1340005g base stations were newly built in the first quarter, nearly 1.56 million 5g base stations were opened, and the optical fiber access capacity of 320 million households has been upgraded to Gigabit. In the first quarter, the number of 5g mobile phone users increased to 48.11 million, with a total of 403 million, accounting for 24.3% of the total number of mobile phone users. The number of newly developed Gigabit and above users has reached 11.41 million, and the scale has reached 45.96 million.
Zhao Zhiguo, director of the information and communication administration of the Ministry of industry and information technology, stressed at the press conference that this year, we will speed up infrastructure construction, guide the expansion of effective investment and play a “first hand” in the digital economy. Among them, 6 Shenzhen Fountain Corporation(000005) g base stations will be completed, and the coverage capacity of gigabit optical network will exceed 400 million households. Promote the construction of the national hub node data center cluster project, continuously optimize the layout of the data center, and accelerate the evolution to high technology, high computing power and high efficiency.
Xuzhaoyuan believes that the new infrastructure construction represented by 5g base stations takes “structure adjustment” as the main goal, and there is still a large incremental space in the future, and the multiplier effect is relatively large, which can enable and upgrade the existing traditional industries, effectively connect consumption and investment, and even create new consumption formats. Therefore, it is necessary to carry out new infrastructure investment in an appropriate way.
At present, the enabling role of digital information infrastructure construction is gradually becoming prominent. According to the data of the Ministry of industry and information technology, the cumulative number of application innovation cases has reached 23000. The first batch of 44 national new data centers have been released for industrial, smart city and other application fields. Emerging digital services for enterprises have also become the first driving force for the growth of telecom business revenue. The scale of industrial Internet industry has also crossed the trillion yuan mark, and the total number of “5g + industrial Internet” projects under construction in China has reached 2400.
“In the next step, governments at all levels will be encouraged to increase policy support for the development of 5g and other digital information infrastructure, such as land, electricity and employment, and guide social capital to support application innovation. All localities will be encouraged to adjust measures to local conditions and actively expand the integrated application of industries with local characteristics.” Zhao Zhiguo said.
