Measures to stabilize growth and boost industrial economy were intensively introduced
2021-12-22
By the end of the year, boosting the industrial economy and escorting the steady start of the economy in 2022 had become the focus of multi sectoral efforts. The National Conference on industry and information technology held recently made it clear that steady industrial growth will be the most important in 2022. At the same time, recently, the Ministry of industry and information technology, the national development and Reform Commission and other departments have intensively deployed to launch a package of measures to accurately open up the blocking points of the industrial chain supply chain, tap the market demand potential, optimize the development environment and reduce the burden on small and medium-sized enterprises, so as to play a "combined fist" to stabilize industrial growth. Industry experts said that in the face of the new downward pressure on the industrial economy, a number of measures will carry forward the past and usher in the future, and coordinate cross cyclical and counter cyclical adjustment, which will further boost market confidence, achieve a smooth succession in the first quarter of 2022, and promote the development of industrial economy to achieve steady improvement in quality and reasonable growth in quantity. The fundamentals of long-term improvement have not changed Affected by the superposition of short-term, cyclical and structural factors, the downward pressure on the industrial economy has increased since the third quarter. "China's economic development is facing triple pressures of shrinking demand, supply shock and weakening expectations. The stable operation of the industrial economy and high-quality development are under pressure." Qiao Baohua, director of the Industrial Operation Research Office of the Institute of industrial economics, China Electronic Information Industry Development Research Institute, told the reporter of the economic information daily that the high price of bulk raw materials, the tightening of energy and resources constraints, and the obstruction of multiple links in the supply chain of the industrial chain have caused great constraints on industrial production, which are affected by factors such as repeated epidemics and increased supply constraints, Market expectations of consumers and investors are more cautious. However, while the overall pressure is on, the overall trend of stable recovery of industrial economy and the fundamentals of long-term improvement have not changed. There are many positive factors for stable and healthy development. Qiao Baohua further said that the policy of ensuring supply and stabilizing prices was strengthened, the supply constraints were eased, and the release of industrial capacity was accelerated. The digital economy is booming, the pace of enterprise digital transformation is accelerating, and the continuous optimization and upgrading of industrial structure is promoted. Driven by the national policy of stabilizing and benefiting enterprises, the vitality and profitability of industrial enterprises have been continuously enhanced. A set of data can be seen. From January to October, the profits of Industrial Enterprises above designated size increased by 42.2% year-on-year, and the income and profits of small and medium-sized enterprises above designated size increased by 21.5% and 30.4% respectively. The toughness of the industrial chain supply chain has been improved, progress has been made in tackling key technical problems in basic and key fields, the output of containers has doubled, and the international competitiveness of photovoltaic, wind power, shipbuilding and other industrial chains has been further enhanced. The industrial structure was further optimized and upgraded. The annual crude steel output was reduced by more than 20 million tons. From January to November, the high-tech manufacturing industry and equipment manufacturing industry increased by 19% and 13.7% respectively year-on-year. "Despite the grim situation at home and abroad, China's industrial economy has maintained a trend of 'recovery, continuous improvement of resilience, continuous optimization of structure and continuous consolidation of foundation', which has become a strong support for stabilizing the macro-economic market." Sun Ke, deputy director of the Institute of policy and economics of China Academy of information and communications, told the reporter of Economic Information Daily that from next year and even longer, the overall trend and long-term fundamentals of China's industrial economy recovery and development have not changed, and the positive factors in the fields of technological innovation, digital transformation, green and low-carbon development, high-quality enterprise cultivation and so on have not changed. Multi deployment to stabilize industrial growth It is noteworthy that recently, ministries and local governments are concentrating on steady industrial growth to escort the steady start of the economy in 2022. On December 20, the Ministry of industry and information technology held a national conference on industry and informatization, which deployed six key tasks to be highlighted in the industry and communication industry in 2022. Among them, "strive to boost the industrial economy and provide strong support for stabilizing the economic market" has been put in the first place, and it is clear to go all out to achieve a smooth connection in the first quarter, open up the blocking points and checkpoints of the supply of key products, and effectively unblock the industrial economic cycle. We will deepen industrial and financial cooperation and strive to boost investment in manufacturing. Expand the consumption of new energy vehicles, green smart appliances and green building materials. On December 14, the national development and Reform Commission and the Ministry of industry and information technology jointly released the implementation plan on Invigorating the operation of industrial economy and promoting high-quality industrial development, which introduced 16 new, practical and hard moves from four aspects: smooth circulation, expanding space, strengthening policies and optimizing the environment, including maintaining the smooth supply chain of key industrial chains, promoting the implementation and effectiveness of major projects Reduce the burden on small and medium-sized enterprises. A package of detailed measures will also be solidly promoted. Meng Wei, spokesman of the national development and Reform Commission, said recently that it will adhere to deepening the supply side structural reform, focus on ensuring the supply of energy and resources and accelerating the innovation and iterative application of key core technologies, accurately break through the supply chain blocking points of the industrial chain and promote the smooth circulation of the industrial economy. In terms of enhancing the resilience of the industrial chain and supply chain, the Ministry of industry and information technology will implement the industrial foundation reconstruction project and organize the implementation of a number of key projects. We will strengthen and supplement the manufacturing chain, create a number of national manufacturing innovation centers and national and local co construction centers, and cultivate a number of national advanced manufacturing clusters. In the relief and assistance of small and medium-sized enterprises, a series of policies to benefit enterprises will be implemented as a whole. Increase the governance of malicious arrears. We will improve the evaluation system for high-quality small and medium-sized enterprises. Many places have successively held meetings on steady industrial growth to do a good job in relevant policy research reserves. For example, Jiangsu proposed to strengthen monitoring, scientific research and judgment, timely grasp the relevant situation, and constantly improve the analysis level of industrial economic operation; Do a good job in the model arrangement of projects reaching production capacity in new growth points, and scientifically study and judge the situation next year. Shaanxi requires to accelerate the implementation of measures to promote steady industrial growth and investment, increase support for chain extension, chain reinforcement and chain strengthening of key industrial chains, and promote the completion and operation of new capacity projects as soon as possible. Do a good job in policy convergence this year and next Industry experts said that consolidating the steady recovery trend of the industrial economy and doing a good job in policy convergence this year and next are very important to escort the steady start of the economy in 2022. In the next step, we need to make two-way efforts from both supply and demand and refine various measures to stabilize growth. "From the supply side, the focus is to strengthen the guarantee of production factors, stabilize the supply of energy and raw materials, and unblock the industrial economic cycle." Qiao Baohua said that in the next step, we need to strictly control energy consumption intensity, enhance the flexibility of total energy consumption management, and guide local governments and enterprises to continuously optimize the energy consumption structure. We will continue to improve the national reserve regulation mechanism, accelerate the improvement of the national material reserve system, strengthen the supervision of the commodity futures and spot market, and effectively ensure the stability of domestic energy and raw material supply. At the same time, focus on key areas, accelerate the implementation of the industrial chain supply chain connection project, promote the financing and innovation of upstream, middle and downstream of the industrial chain, large, medium and small enterprises, and promote the stability and smoothness of the industrial chain supply chain. Sun Ke said that facing the supply side, we should give full play to the role of digital economy in reinforcing the chain and unblocking the industrial economic cycle. Accelerate innovation breakthroughs in basic and key areas, especially accelerate the digital transformation of manufacturing industry, further open up blocking points and checkpoints by using digital technology, and enhance the toughness and flexibility of industrial chain and supply chain. Facing the demand side, we should give full play to the role of the new model of digital economy and new business forms as the engine for expanding demand, strengthen the layout of new infrastructure construction, information consumption and digital trade, and constantly expand the space for industrial economic development. At the same time, we will expand the consumption of new energy vehicles, green smart appliances and green building materials, and enhance and expand new consumption demand. We should also focus on stimulating the vitality of enterprise subjects. Qiao Baohua suggested that it is necessary to closely connect the production and operation needs of manufacturing enterprises, reasonably determine the financing period, continue to increase the medium and long-term loan investment in the manufacturing industry, and improve the accuracy and effectiveness of financing support. We will continue to implement the enterprise assistance and relief policies to support small and medium-sized manufacturing enterprises, strengthen the implementation of the regulations to ensure the payment of small and medium-sized enterprises, study and timely introduce the continuation policies after the expiration of some preferential policies for enterprises, effectively reduce the burden on enterprises and boost their confidence in development. (outlook new era)
Edit：Ming Wu Responsible editor：Haoxuan Qi
Source：jjckb.cn
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