Internal chain complements external chain to achieve the transformation of manufacturing industry towards mid to high end intelligent manufacturing

Our reporter Li Xiaohong

The impact and influence of the global spread of the epidemic on the development of China's manufacturing industry are self-evident. Currently, China's manufacturing industry is shifting from internal shocks to external shocks, and from supply side shocks to both supply and demand side shocks.

According to customs statistics, the total value of China's goods trade imports and exports in the first two months of this year was 4.12 trillion yuan, a decrease of 9.6% compared to the same period last year. Among them, exports amounted to 2.04 trillion yuan, a decrease of 15.9%; Imports amounted to 2.08 trillion yuan, a decrease of 2.4%.

At present, China's economy has deeply integrated into the global industrial and supply chains, forming a global pattern of "you in me, I in you". The spread and expansion of the international epidemic have led to a contraction in production and consumption in affected countries, frequent stock market fluctuations, a significant reduction in trade activities among countries, and the risk of global economic recession is constantly accumulating.

Xin Guobin, Deputy Minister of the Ministry of Industry and Information Technology, stated that the negative impact of the epidemic on China's industrial economy is continuing to manifest, with the industrial chain cycle severely hindered and enterprises' production and operation greatly impacted, with major indicators fluctuating beyond expectations.

Data shows that in the first two months, the added value of industrial enterprises above designated size decreased by 13.5% year-on-year, the realized profit decreased by 38.3% year-on-year, and the loss area of enterprises reached 36.4%. Among the 41 major industrial sectors, 30 industries have experienced a double-digit decline in industrial added value, with small and medium-sized enterprises and labor-intensive industries being greatly affected by the impact.

The manufacturing industry is the mainstay of China's national economy, with its added value accounting for nearly 30% of the gross domestic product. Effectively responding to the impact of the epidemic on the manufacturing industry is related to national economic security and the overall development of China's economy.

Professor Lei Ming from Guanghua School of Management at Peking University believes that due to China's possession of all industrial categories and the world's largest manufacturing scale, coupled with a super large market of 1.4 billion people as a backing, as long as the orderly coordination of the upstream, midstream and downstream of the industrial chain is strengthened, China's economy not only has the ability to withstand pressure on its own, but also has strategic depth to resolve various risks and bridge economic and trade impacts. Therefore, in the face of the epidemic, it is necessary to adopt an orderly collaborative strategy and vigorously promote the orderly collaboration of the upstream, midstream, and downstream of the industrial chain.

In addition, China is currently the top export destination for 33 countries and the top import source for 65 countries. In the past decade, China has become the center of the global supply chain network, with a considerable proportion of intermediate goods imports and exports, which has further spread the impact of the epidemic.

在雷明看来，对于疫情影响，对于我国在全球产业链中可能产生的损失，可以采取外链损失内链补的策略。一方面要在推进更高水平对外开放国际市场同时，拓展扩大国内市场的最终需求，通过开放合作形成更强创新力、更高附加值的产业链，提高国内产业链的附加增值效能。另一方面，还是要充分利用当前我国正处在从“制造大国”向“制造强国”跨越的关键时机，努力实现从代工到生产具有国际品牌影响力产品的转变、从简单跟随到制造具有更多创新内涵产品的转变、从释放资源红利的中低端制造到释放效率红利的中高端智能制造的转变。

由此看见，疫情给我国制造业带来巨大冲击的同时，也孕育着新的机遇。

Information source: China Economic Times