Building a "ballast stone" for the real economy -- see how the growth rate of manufacturing investment "leads" all investment
2022-05-31
Tower cranes stand everywhere, machines roar, and batches of major projects are put into operation and started early; Upgrading production lines, building cloud platforms, and rapid implementation of enterprise technological transformation projects... Recently, various policies and measures to stabilize industrial growth have been pushed forward, and manufacturing investment has continued to rise and demonstrate resilience. From January to April this year, manufacturing investment increased by 12.2% year-on-year, faster than the growth of all investment. However, in the face of the new pressure brought by multiple factors, the growth rate of China's manufacturing investment from January to April was lower than that in the first quarter. How to further play the key role of investment? The reporter of the economic information daily learned in the interview that various departments in various regions are stepping up their deployment, speeding up the implementation of major projects and projects in the "14th five year plan" of the manufacturing industry, increasing investment in the transformation and upgrading of traditional industries, strengthening project financing and land security support, and injecting vitality into the steady growth of the industrial economy and structural adjustment. "Orders have reached July. We must speed up production at full power." On May 16, at the Zhongqing smart dangyangfu whole industry chain intelligent manufacturing project base in Dangyang city, Hubei Province, the electric light flickered and the first photovoltaic module was successfully offline. The total investment of the project is 18billion yuan, and the annual output value will be 21.2 billion yuan after all the projects are put into operation. Under the traction of this leading project, upstream and downstream enterprises such as brackets, inverters and batteries have "followed the investment", and the 10 billion level photovoltaic industry cluster has begun to take shape locally. "The good policy environment has strengthened the investment confidence of enterprises." Wuyalun, the investor of the project and the chairman of Jiangsu Zhongqing Photovoltaic Technology Co., Ltd., told the reporter that in order to support the layout and development of the enterprise, Dangyang city has actively guided financial institutions to provide credit support in addition to implementing more than 20million yuan of reward and subsidy funds. At present, the enterprise has received 500million yuan of credit from two banks. "After the investment of 3billion yuan last year, it was decided in January this year to invest another 15billion yuan to extend the industrial chain." Taking a broad view of many places in the country, a number of key projects "catch up early" and speed up production to reach production capacity. From January to April, the industrial investment in Jiangsu Province increased by 14.8% year-on-year. The investment in 450 major industrial projects in Jiangsu Province reached 94.3 billion yuan, accounting for 35.8% of the annual planned investment, 2.5 percentage points beyond the time sequence; There were 992 projects in Anhui's top ten emerging industries, with a total investment of 625.62 billion yuan, driving a 21.5% increase in manufacturing investment. "China is the largest manufacturing country in the world. Industrial manufacturing plays an important role in the national economy. Stabilizing manufacturing investment is crucial to stabilizing the economic fundamentals." Zhangzhiqian, director of China Construction Investment Research Institute, said that since the beginning of this year, in the face of unexpected changes in the domestic and international environment, all localities and departments have strengthened policy adjustment, implemented the policy of promoting the steady growth of the industrial economy, relied on financial funds to accelerate the implementation of major projects and projects, and gave full play to the role of investment in stimulating industrial growth. While focusing on key engineering projects to expand the increment, we will promote the optimization of the stock of enterprise technological transformation investment. Productivity has been increased by four times, front-line operators have been reduced by two-thirds, and the timely delivery rate of orders has been increased to 99%... In Shandong, we have entered the intelligent production workshop of qingte group's axle factory. In this enterprise deeply engaged in the production of special vehicles and parts, robots have realized the automatic operation of loading and unloading, welding, processing, handling and other links of key products; The central control management system accurately locks and automatically alarms abnormal faults, and the intelligent warehouse improves the management efficiency by 10 times. "Putting money into the 'blade' has continuously activated the endogenous power of the enterprise in recent years by increasing investment in technological transformation and building a highly automated and intelligent modern production line." The relevant person in charge of qingte group told the reporter that this year, the enterprise will continue to promote intelligent transformation. It plans to invest 100million yuan and has completed an investment of 60million yuan. Not only qingte group, but also the vitality and stamina of manufacturing investment can be seen from a set of data on industrial technological transformation investment in Shandong Province since this year. The relevant person in charge of Shandong Provincial Department of industry and information technology told the reporter that from January to April this year, Shandong's industrial investment and industrial technological transformation investment increased by 21.4% and 15.2% respectively year-on-year; The province implemented 7142 technological transformation projects of more than 5million yuan, an increase of 1064 in April. "In China's industrial economy, traditional industries account for up to 80% of the industrial added value above the designated size. Digital Transformation Driven by new technologies is an effective way to cultivate new industries and create new values, and is the main force to drive the growth of industrial investment." Li Yang, director of the Industrial Investment Research Office of the Planning Institute of China Electronics and Information Industry Development Research Institute, said that accelerating the use of digital technology to transform traditional industries in an all-round and all chain way has a huge market space, which will help promote the steady improvement of the quality and reasonable growth of the quantity of industrial economic development. It can not be ignored that, affected by the epidemic and the international situation, there are some pressures to maintain the steady growth of manufacturing investment. According to the data of the National Bureau of statistics, from January to April, China's manufacturing investment increased by 12.2% year-on-year, and the growth rate of investment slowed down by 3.4 percentage points compared with the first quarter. Facing the pressure directly, recently, all localities and departments have stepped up deployment, focused on projects, paid close attention to investment, and continued to improve the momentum for steady growth. —— Take multiple measures to promote the early commencement and production of the project. The Ministry of industry and information technology will pay close attention to the implementation of major projects and projects in the "fourteenth five year plan" of the manufacturing industry, and accelerate the construction progress of energy-saving and carbon reduction technology transformation projects in key areas and key foreign-funded projects. The national development and Reform Commission will increase investment in the transformation and upgrading of traditional industries, and plan to start the construction of major projects in combination with the requirements of high-end, intelligent and green industrial upgrading. —— The "gift package" of resources such as capital and land is accurate. We will increase financing support for key projects and promote the rapid growth of medium - and long-term loans to the manufacturing industry. Shandong will establish an all-round financing linkage mechanism of finance, banking and guarantee, and provide loan interest discount, premium subsidy or equity investment support for qualified major technological transformation projects. This year, Zhejiang has ensured that 45000 mu of land for major infrastructure projects above the provincial level will be added to the planned index, and 15000 mu of land for major industrial projects in the province will be rewarded. —— The policy of helping enterprises to bail out benefited front-line enterprises. We will implement a new combined tax and fee support policy, and large-scale value-added tax rebates will go directly to enterprises to enhance investment confidence. In 2022, the average tariff of broadband and dedicated lines for small, medium and micro enterprises will be reduced by another 10%; Digital service providers are encouraged to reduce the cost of using cloud platforms for small, medium-sized and micro enterprises affected by the epidemic, reduce the digital threshold, and help enterprises use "data" in the "cloud". "Stabilizing investment in the manufacturing industry not only plays an important role in the current steady growth, but also affects the future industrial structure and development momentum." Li Yang said that despite the current pressure, China's manufacturing industry has great potential and the overall trend of steady investment growth has not changed. In the next step, it is necessary to plan, reserve and build major projects in various fields, strengthen the transformation and upgrading of traditional fields, accelerate the layout of strategic emerging industries, and implement support measures in land, taxation and capital to continuously stimulate the investment vitality of enterprises. (Xinhua News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Economic Information Daily
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