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Economy

Technological innovation injects surging momentum into development

2023-12-06   

2023 is the beginning year of fully implementing the spirit of the 20th National Congress of the Communist Party of China. This year, China has deeply implemented the innovation driven development strategy, strengthened its strategic technological strength, and widely applied modern information, artificial intelligence, big data and other technologies. Innovative achievements continue to emerge, and new industries and products have shown good growth momentum. Technological innovation has become an important force driving economic transformation and upgrading, and enhancing economic vitality. In the first 10 months of this year, investment in China's high-tech industry increased by 11.1% year-on-year, which is 8.2 percentage points faster than total investment. From various economic data, it can be seen that new driving forces continue to grow. In October, the development of high-tech and intelligent manufacturing industries improved, and the added value of large-scale aerospace and equipment manufacturing increased by 12.3% year-on-year; The added value of intelligent vehicle equipment manufacturing and intelligent unmanned aerial vehicle manufacturing industries above designated size increased by 89.2% and 53.2%, respectively. China has established a complete industrial system with advantages such as population size, forming a supply advantage with complete industrial system support and a demand advantage in a super large market. But we are not satisfied with the "demographic dividend", but have transformed the demographic advantage into a talent advantage, forming the "engineer dividend", which is now being transformed into the advantage of new quality productivity. New energy vehicles are a typical representative. On November 24th, BYD announced the discontinuation of its 600000th new energy vehicle. The first "1 million vehicles" took 13 years, while the sixth "1 million vehicles" only took more than 3 months. In the first half of this year, China's automobile exports have surpassed Japan, ranking first in the world, with new energy vehicles performing particularly well. According to data from the China Association of Automobile Manufacturers, in the first 10 months, China's automobile exports reached 3.922 million units, a year-on-year increase of 59.7%. Among them, the export of new energy vehicles reached 995000 units, a year-on-year increase of 99.1%. "Currently, the global economy is accelerating its green and low-carbon transformation, and China's efforts to create new growth points for green and low-carbon have been highlighted, driving rapid growth in exports of the" New Three Samples "represented by electric passenger vehicles, lithium batteries, and solar cells." According to Lv Daliang, spokesperson for the General Administration of Customs and Director of the Department of Statistics and Analysis, the export value of the "New Three Samples" products has maintained double-digit growth for 14 consecutive quarters. In the first three quarters of this year, China's total exports of "new three samples" products amounted to 798.99 billion yuan, a year-on-year increase of 41.7%, accounting for a year-on-year increase of 1.3 percentage points in China's exports, reaching 4.5%. The new materials industry is an important lever to accelerate the formation of new quality productivity. In the first nine months of this year, the total output value of China's new materials industry exceeded 5 trillion yuan, maintaining double-digit growth. According to statistics, there are over 20000 new material enterprises in China, including 1972 specialized, refined, and innovative "little giant" enterprises and 248 single champion manufacturing enterprises. The integration and development ecology of large, medium, and small enterprises is accelerating. The rapid development of the new materials industry is accompanied by technological innovation in the field of new materials

Edit:Hou Wenzhe Responsible editor:WeiZe

Source:economic daily

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