In the first half of the year, the added value of industries above designated size increased by 3.8% year-on-year, and the industrial economy recovered well.
Industry and Information Technology News
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July 26, 2023, 10:56 AM
& nbsp; Industrial economy recovers better in the first half of the year & nbsp
At a press conference held by the Information Office of the State Council on July 19, a responsible person of the Ministry of Industry and Information Technology said that the added value of industries above scale increased by 3.8% in the first half of this year compared with the same period last year. Industrial investment continued to expand, with an increase of 8.9% over the same period last year, the marginal efficiency of enterprises was improved, the profit structure was continuously optimized, and the industrial economy recovered.
In the first half of this year, the industrial added value increased 3.8%  compared with the same period last year.
According to the Ministry of Industry and Information Technology, as the effects of a number of stable economic policies have continued to show since March, in the first half of this year, China's industrial added value increased by 3.8% compared with the same period last year, and the industrial economy recovered. In the first half of the year, the added value of industries above scale increased by 3.8% compared with the same period last year, an increase of 0.8 percentage points over the first quarter. Among them, the year-on-year growth rates in May and June were 3.5% and 4.4% respectively, showing a trend of picking up month by month. Industrial investment continued to expand, growing by 8.9% in the first half of the year compared with the same period last year, 0.3 percentage points faster than in the first quarter. In the first half of the year, exports of electric vehicles, lithium batteries and photovoltaic "new three" increased by 61.6% compared with the same period last year. The profit margin of enterprises has improved, the decline in profits has narrowed for three consecutive months, and the profit structure has been continuously optimized. Profits in the equipment manufacturing industry increased by 15.2% in May compared with the same period last year, maintaining double-digit growth for two consecutive months. The operating income and profit growth of "Little Giant" and specialized and special new enterprises are higher than those of industrial enterprises above scale.
& the pace of high-quality development of nbsp; manufacturing industry is obviously accelerated & nbsp
According to a person in charge of the Ministry of Industry and Information Technology, the pace of high-quality development of China's manufacturing industry accelerated significantly in the first half of the year. In the first half of the year, the output of solar cells, industrial control computers and systems increased by 54.5% and 34.1% respectively. According to the China Association of Automobile Manufacturers, the output of new energy vehicles increased by 42.4% in the first half of the year. At present, the cumulative output of new energy vehicles in China has exceeded 20 million. In the first half of this year, the scale of intelligent factory construction continues to expand and the level continues to improve. Up to now, nearly 8000 digital workshops and intelligent factories have been built in various places, of which more than 2500 have reached the level of maturity of intelligent manufacturing capability level 2 or above, and basically completed the digital transformation; 209 have explored intelligent upgrading and become intelligent manufacturing demonstration factories with international advanced level. After the transformation, the product development cycle of these demonstration factories has been shortened by 20.7% on average, the production efficiency has increased by 34.8% on average, the rate of defective products has decreased by 27.4% on average, and carbon emissions have been reduced by 21.2% on average.
The consumer goods industry as a whole showed a trend of stabilizing and rebounding in the first half of the year & nbsp
A spokesman for the Ministry of Industry and Information Technology said that in the first half of this year, with the in-depth implementation of the policy of expanding domestic demand and promoting consumption, China's consumption scene has gradually recovered, the logistics level has rebounded rapidly, and the consumer market is gradually recovering. Tao Qing said that in the near future, the Ministry of Industry and Information Technology will issue and implement the work Plan for steady growth of Light Industry, focusing on stabilizing key industries such as furniture, plastic products, leather and food. Fully stimulate the potential of domestic demand, actively promote export advantages, enhance the modernization level of the industrial chain, and speed up transformation and upgrading and improving quality and efficiency. At the same time, we will continue to carry out the production scheduling of vaccines, drugs and other key medical materials to ensure the normal demand for materials. We will speed up the construction of centralized production bases for small varieties of drugs, carry out monitoring of shortage of drug production and supply, and ensure orderly and stable supply in the market.