The role of "ballast stones" is highlighted, and the growth rate of added value of industrial enterprises above designated size in the first three quarters was 5.8%
On October 23rd, the State Council Information Office held a press conference to introduce the development of industry and information technology in the first three quarters of 2024. At the meeting, Zhao Zhiguo, spokesperson and chief engineer of the Ministry of Industry and Information Technology, stated that the added value of industrial enterprises above designated size increased by 5.8% year-on-year in the first three quarters, and the total industrial added value accounted for 31.8% of the gross domestic product (GDP). Overall, in the first three quarters, the industrial and information economy operated steadily, the industrial structure continued to optimize, the development of new quality productivity accelerated, a number of new achievements were made in key areas of innovation, and high-quality development was solidly promoted.
Stable operation of industrial economy
Zhao Zhiguo stated that in the first three quarters of this year, China's industrial economy exhibited three major characteristics.
Firstly, the role of industrial economy ballast stones is significant. In the first three quarters, the added value of industrial enterprises above designated size increased by 5.8% year-on-year, and the proportion of total industrial added value to GDP reached 31.8%. Secondly, key industries and regions have made particularly outstanding contributions. Data shows that with the implementation of the work plan for stabilizing growth in the top ten key industries, the contribution rate of the four industries of electronics, non-ferrous metals, chemical industry, and automobile to industrial production growth is close to half; The country plays a key supporting role in industrial provinces and cities, with 9 industrial provinces experiencing growth rates exceeding the national average, and industrial cities such as Zhengzhou, Shaoxing, Wenzhou, and Hefei achieving double-digit growth. The third is the continuous accumulation of development momentum. With the promotion of equipment updates and technological transformations in the industrial field, investment in equipment and tools procurement increased by 16.4% year-on-year, especially in the production of artificial intelligence chips, servers, and other products with high technological content and added value, which grew rapidly.
Industrial production remained stable, with the added value of industrial enterprises above designated size increasing by 5.8% year-on-year in the first three quarters, playing a "ballast stone" role in macroeconomic growth, contributing nearly 40%. The growth rate of 31 provinces (regions, municipalities) and 41 major industrial sectors has exceeded 90%. The equipment manufacturing industry and high-tech manufacturing industry have grown rapidly, and the proportion of added value to the total added value of industries above designated size has increased compared to the whole of last year. Industrial investment has maintained double-digit growth for 8 consecutive months. ”Zhao Zhiguo stated.
Zhao Zhiguo introduced that in the first three quarters, the pace of transformation and upgrading in the manufacturing industry accelerated. Deeply implementing the digital transformation of the manufacturing industry, a total of 421 national level intelligent manufacturing demonstration factories have been cultivated, more than 10000 provincial-level intelligent factories have been built, and 13 Chinese enterprises have been newly selected as global "lighthouse factories". The total number of "lighthouse factories" in China has reached 72, accounting for 42% of the world's total. Solidly carry out the first batch of pilot cities for digital transformation of small and medium-sized enterprises, and have promoted the digital transformation of nearly 10000 small and medium-sized enterprises. We will deepen the implementation of industrial energy conservation and carbon reduction actions, vigorously develop clean low-carbon hydrogen industries and environmental protection equipment manufacturing industries, and continuously reduce the energy consumption of added value in industrial units above designated size.
A number of major innovative achievements continue to emerge. The 18 MW offshore wind turbine has been successfully connected to the grid for power generation, the first domestically produced MARK III membrane type large LNG ship has completed its trial voyage, the C919 large passenger aircraft has achieved simultaneous operation by the three major domestic airlines, the 1000 kW turboshaft engine has obtained the model certificate from the Civil Aviation Administration of China, and the 300 MW F-class heavy-duty gas turbine has been successfully ignited. The Ministry of Industry and Information Technology has also issued opinions on the implementation of pilot innovation and development in the manufacturing industry, as well as guidelines for the construction of new material pilot platforms (2024-2027). It has also approved the establishment of two national and local manufacturing innovation centers, namely humanoid robots and embodied intelligent robots. The first national excellent engineer practice base has been established in Hangzhou, providing strong support for promoting the integration of scientific and technological innovation and industrial innovation.
The business entity is steadily developing and growing. As of the end of August, the number of industrial enterprises above designated size reached 504000, an increase of 4.4% from the end of 2023. Accumulated cultivation of 1557 manufacturing industry champion enterprises, over 140000 specialized and innovative small and medium-sized enterprises, 14600 specialized and innovative "little giant" enterprises, and 463000 high-tech enterprises within the validity period. In the first 8 months, the operating income profit margin of the "little giant" enterprises specializing in precision and novelty in industrial enterprises above designated size reached 7.5%, higher than the average level of industrial enterprises above designated size.
The empowering role of information and communication continues to be demonstrated. In the first three quarters, the total volume of telecommunications services increased by 10.7% year-on-year. Vigorously promote the coordinated development of new information infrastructure such as networks, computing power, and artificial intelligence. We continued to deepen the empowerment of integrated applications. 5G industry applications have been integrated into 76 major categories of the national economy, and deeply integrated into core links in key fields such as industry and medical care. The number of "5G+Industrial Internet" projects exceeded 15000.
At the same time, it should be noted that the risks and challenges brought about by the current external environmental changes have significantly increased, and some enterprises are facing difficulties in production and operation. However, the fundamentals of China's economic development have not changed, and the global competitive advantage of a complete industrial system, complete industrial chain supporting facilities, and low comprehensive manufacturing costs has not changed. Positive factors promoting upward development are accumulating and increasing, "Zhao Zhiguo pointed out. Especially with the recent introduction and implementation of a package of incremental policies, it will continue to release the driving force of industrial upgrading, the potential of household consumption, and the vitality of business entities. The Ministry of Industry and Information Technology is confident in achieving the annual target tasks and making contributions to promoting economic recovery. Next, the Ministry of Industry and Information Technology will thoroughly implement the decisions and deployments of the Party Central Committee, focus on accelerating the key task of promoting new industrialization, and make greater efforts in stabilizing growth, expanding demand, increasing momentum, and optimizing the environment.
In terms of stabilizing the industrial fundamentals, we will deepen the implementation of the work plan for stabilizing growth in the ten key industries. Support industrial provinces and cities to consolidate their advantages and bravely shoulder the responsibility. At the same time, we will assist Northeast and Central Western provinces in organizing industrial transfer and development docking activities, enhance their ability to undertake industrial transfers, and promote regional coordinated development.
In terms of expanding effective demand, we will promote the construction of major projects in the 14th Five Year Plan and accelerate the formation of physical workloads. Intensify the promotion of smart home appliances consumption, collaborate with various regions to accelerate the implementation of policies such as exchanging old cars and electric bicycles for new ones, continue to implement activities related to new energy vehicles going to rural areas, and fully stimulate market potential.
In terms of enhancing development momentum, we will deepen the implementation of major technological upgrades and large-scale equipment updates in the manufacturing industry, and promote the digital transformation of the manufacturing industry. Accelerate the high-quality development of key industrial chains, national science and technology major projects, and national key research and development plans, and achieve more landmark results. Research and formulate policy measures to enhance the technological innovation capability of industries, and promote the deep integration of technological innovation and industrial innovation. Cultivate and strengthen new industries and tracks such as low altitude economy, commercial aerospace, and biomanufacturing.
In terms of optimizing the development environment, we will continue to promote the reduction of enterprise costs and carry out a series of special actions to serve small and medium-sized enterprises. Strengthen industry guidance, enhance standard quality guidance, strengthen industry self-discipline, and actively prevent vicious competition caused by internal competition. Continuously improve the normalized communication and exchange mechanism of the enterprise, coordinate and solve problems and demands, and strengthen the confidence of the enterprise's development.
Multiple measures to promote the development of low altitude industry
Developing low altitude economy is a major strategic deployment made by the Party Central Committee, and low altitude equipment and industries are important material carriers of low altitude economy.
Tao Qing, spokesperson for the Ministry of Industry and Information Technology and director of the Operations Monitoring and Coordination Bureau, stated that the Ministry attaches great importance to the development of the low altitude industry
The first aspect is to strengthen top-level planning. This year, the Ministry of Industry and Information Technology, in conjunction with relevant departments, issued the "Implementation Plan for Innovative Applications of General Aviation Equipment (2024-2030)", and together with relevant departments, studied and supported innovative ideas and measures for low altitude industry technology and equipment.
The second aspect is to strengthen the traction of multi scenario applications. The Ministry of Industry and Information Technology, together with relevant departments, has launched pilot projects for innovative applications of general aircraft in many parts of the country. For example, a low altitude industry innovation and development conference was held in Shihezi, Xinjiang, to promote the establishment of an "air transportation system with trunk and branch connections, branch and branch connections, and full network connectivity"; A field conference on innovative application of general aviation equipment was held in Beian, Heilongjiang Province, to create a benchmark for large-scale and normalized application models of unmanned aerial vehicles for agricultural spraying and forestry protection. The goal is to reduce the average operating cost of crop protection unmanned aerial vehicles to below 10 yuan per mu.
The third aspect is to promote the integration and innovation of information technology and equipment development. Currently, China's major information and communication enterprises, as well as power battery, motor and other enterprises, are actively participating in the low altitude economy, and innovative elements in various fields are accelerating their clustering towards the low altitude industry. We have carried out verification and application pilot work for low altitude communication and perception network technology based on 5G/5G-A.
The fourth aspect is to improve the system of industrial regulations and standards. In order to improve the quality of drone production and manufacturing, the Ministry of Industry and Information Technology has issued the "Several Regulations on the Production and Management of Civil Unmanned Aerial Vehicles" and the "Interim Measures for the Radio Management of Civil Unmanned Aerial Vehicles", formulated national standards such as "Safety Requirements for Civil Unmanned Aerial Vehicle Systems", established a civil unmanned aerial vehicle product information system, and continuously improved the filing management of enterprises and products.
Tao Qing stated that in the next step, the Ministry of Industry and Information Technology will focus on the following tasks: firstly, continuously accelerating the research and development of key technologies. Focusing on low altitude equipment body technology, safety technology, operation technology and other directions, we will systematically promote a number of key common technology breakthroughs, accelerate the innovation, iteration and upgrading of general aviation technology and equipment. The second is to continuously strengthen the traction of scenario applications. Continue to promote pilot projects in advantageous regions, create a low altitude multi scenario application demonstration system tailored to local conditions, accelerate the cultivation of new low altitude consumption formats such as low altitude logistics, urban and intercity air transportation, and low altitude tourism, and expand new models such as agricultural and forestry crop protection, inspection and patrol, and emergency rescue. The third is to deepen the integration and innovation development. Actively promote the integration and innovation of new generation information and communication technology, new energy technology, and low altitude equipment such as drones, conduct research on the use of low altitude economic radio frequencies, promote the construction of low altitude information infrastructure as needed, and accelerate the development and mode innovation of low altitude intelligent connectivity technology. The fourth is to continuously strengthen the support of regulations and standards. Continue to organize the promotion and training of relevant regulations, guide the compliance management of unmanned aerial vehicle manufacturing enterprises, promote the establishment of an industrial standard system that runs through the entire life cycle of low altitude equipment research and development, design, production, and manufacturing, encourage industry organizations such as low altitude industry alliances to strengthen enterprise supply and demand matching, technical exchanges, and standard coordination, and jointly build a good industrial ecology.
Continuously deepen industrial and financial cooperation
Deepening industry finance cooperation is an important measure to accelerate the promotion of financial services for the real economy. What is the progress and effectiveness of China's industry finance cooperation? What are the key tasks for the next step?
Regarding this, Tao Qing stated that all relevant departments and financial institutions adhere to the fundamental purpose of providing financial services to the real economy, innovate in carrying out industry finance cooperation, strengthen financing guarantees for the "two new" and "two double", implement technology innovation and technological transformation refinancing, optimize the policy of no principal repayment and renewal, and effectively support the improvement of industrial modernization level.
The national industry finance cooperation platform has helped enterprises achieve financing exceeding one trillion yuan. The platform provides customized and intelligent financial services, and has set up 24 special zones for industrial transfer, advanced manufacturing clusters, etc. It gathers 345800 high-quality enterprises, 2965 financial institutions, 741 financial products, and helps enterprises raise about 1001.8 billion yuan in financing. Since the beginning of this year, the platform has helped enterprises raise about 290 billion yuan in financing, with a year-on-year growth rate of 40.7%, "said Tao Qing.
The special project of "Integration of Technology Industry and Finance" promotes the transformation and industrialization of scientific and technological achievements. The Ministry of Industry and Information Technology, together with more than 150 leading financial institutions, has built roadshow docking platforms for 260 projects in the fields of new generation information technology, equipment manufacturing, aerospace information, artificial intelligence, biomedicine, etc. The equity financing amount has exceeded 10 billion yuan, and nearly 20% of the companies have doubled their valuations. They are actively planning for initial public offerings.
Joining hands with financial institutions to support new industrialization. Financial institutions that cooperate with the Ministry of Industry and Information Technology cover various types such as banks, insurance, and funds. In response to the financing needs of manufacturing enterprises, they have innovatively launched a number of characteristic financial products such as specialized and refined new loans, technology transfer loans, and industrial digital transfer loans, as well as various financial combination models such as "pilot insurance+R&D loans". We have established 17 regional equity market "specialized, refined, unique, and new" specialized boards. Carry out the "One Chain, One Policy, One Batch" financing promotion action for small and medium-sized enterprises, and promote the expansion of inclusive finance coverage. At the same time, a specialized and innovative investment and financing roadshow for small and medium-sized enterprises was launched, resulting in an intended financing amount exceeding 100 billion yuan.
Tao Qing stated that in the next step, the Ministry of Industry and Information Technology will continue to deepen cooperation between industry and finance. Firstly, it is necessary to promptly formulate and introduce policy documents that provide financial support for the new industrialization. Focus on the key directions and areas of new industrialization, increase support for technology finance, digital finance, cross-border finance, policy finance, etc., and guide more financial resources to promote technological innovation, advanced manufacturing, green development, and small and medium-sized enterprises. Promote the innovative application of digital technology in the financial sector and increase digital empowerment. Secondly, actively leverage the linkage and convergence effect of the national industry finance cooperation platform. Strengthen the cross departmental information sharing mechanism related to enterprises, optimize platform functions and services, and continuously extend the platform's ability to provide public welfare services for enterprises. Thirdly, we will deepen the implementation of the "Technology Industry Financial Integration" special project. Give full play to the "green channel" mechanism for technology-based enterprises to go public for financing, mergers and acquisitions, and bond issuance, and guide social capital to provide multi-channel and sustainable financial support for key areas and key links. Collaborate with relevant departments to quickly establish the third batch of regional equity market "specialized, refined, unique, and new" specialized boards, optimize the implementation of the "monthly one chain" financing promotion for small and medium-sized enterprises nationwide, and promote more precise integration between industry and finance.
Focus on promoting the coordinated development of new information infrastructure
The construction of new information infrastructure represented by 5G and gigabit optical networks has become a key force for high-quality economic and social development. What is the current progress in the construction of new information infrastructure? What are the next deployment tasks?
Zhao Zhiguo stated that under the overall deployment of the Party Central Committee and the State Council, the Ministry of Industry and Information Technology has solidly promoted the construction and development of new information infrastructure, forming a pattern of comprehensive development of network, computing power, and new technology infrastructure. Build the world's largest and technologically advanced basic network. At present, a total of 207 gigabit cities have been built nationwide, achieving "gigabit connectivity in every county"; The proportion of 5G network access in administrative villages has exceeded 90%, providing comprehensive assistance to strengthen agriculture, benefit agriculture, and enrich agriculture; The proportion of mobile IoT terminal users has reached 59.2%, and the pace of "Internet of Things Superman" continues to accelerate and expand. The scale and level of computing infrastructure rank among the top in the world. At present, the total scale of computing power in China has reached 246EFLOPS, and the 20ms latency guarantee capability between national hubs has been fully realized, effectively supporting the allocation of computing power resources and the circulation of data elements. Improve the construction of China's computing power platform and computing power interconnection public service platform, and continuously strengthen the monitoring of computing power network quality and operational security. New technological facilities such as artificial intelligence, blockchain, and quantum information are flourishing. There are nearly 200 generative artificial intelligence service models that have been registered and launched to provide services to the public, with over 600 million registered users.
Next, our department will work closely with relevant departments to thoroughly implement the strategic deployment of the Third Plenary Session of the 20th Central Committee of the Communist Party of China on improving the system and mechanism of modern infrastructure construction, and focus on promoting the coordinated development of new information infrastructure, "said Zhao Zhiguo.
One is to coordinate and plan the backbone network facilities. Strengthen the overall planning and construction of inter provincial trunk fiber optic cable networks, formulate medium - and long-term plans for international communication facilities, accelerate the expansion of international submarine and land cable access directions, coordinate the planning and construction of cross-border infrastructure such as international land cables, international railways, and international oil and gas pipelines, and rely on border provinces to build regional international information hubs.
The second is to optimize the layout of computing infrastructure. Continuously promote the implementation of the Action Plan for High Quality Development of Computing Infrastructure, coordinate the layout of computing resources, guide the construction of computing infrastructure in an orderly manner, strengthen the supply of intelligent computing power, and focus on improving the efficiency of computing power utilization. Continuously promote the interconnection of computing power and create a unified national market for computing power services.
The third is to deepen regional coordination and inclusive development. Support the eastern region to take the lead and explore new models of construction and application such as 5G-A and artificial intelligence, guide the central and western regions and the northeast to accelerate the construction of gigabit cities, and encourage the western region to reasonably layout major computing power facilities in areas with obvious comprehensive cost advantages. Deepen the construction of universal telecommunications services and "broadband border", and enhance the network coverage capacity in rural and border areas.
The fourth is to promote the integrated development of information facilities and traditional facilities. Coordinate the construction of vehicle networking roadside facilities along highways and urban trunk roads. Explore the establishment of a low altitude economic network facility that integrates sensing, intensively deploy urban sensing terminals, and unify the construction of a city level IoT sensing terminal management and data analysis platform. Comprehensively build a real-life 3D China, establish a digital China space-time base and data fusion platform.
Information source: Jijingwang
