Accelerate the cultivation of innovation driven economy | technology industry | innovation
The economic data in the first half of the year shows that China's overall economic performance has rebounded and improved, with economic structure adjustment and optimization, and the innovative driving force of economic development continues to strengthen.
From the data of the real economy, China's high-tech manufacturing industry is growing rapidly, demonstrating strong resilience. Driven by innovation, many major fields have ushered in new breakthroughs.
From the perspective of consumption, investment, and export, the position of innovation driven is becoming increasingly important.
In terms of consumption, the main engine of consumption plays a significant role, and the final consumption expenditure drives economic growth by 4.2 percentage points. With various policies promoting consumption and upgrading becoming more effective, various regions are constantly innovating their ideas to expand consumption space, and new driving forces for consumption continue to strengthen. Among them, green consumption and digital consumption have shown impressive performance. In the first half of the year, the sales volume of new energy passenger vehicles exceeded 3 million, a year-on-year increase of 37.3%. Driven by emerging business models such as live streaming sales and instant retail, online retail has grown rapidly, with the online retail sales of physical goods increasing by 10.8% year-on-year in the first half of the year.
In terms of investment, investment in high-tech industries has shown a good growth trend. In the first half of the year, investment in high-tech industries increased by 12.5% year on year, 8.7 percentage points higher than all fixed assets investment. The rapid development of high-tech industries will further enhance the resilience of China's industrial and supply chains, continuously enhance the added value of China's industries, and enhance its strength in global industrial competition. In the field of new infrastructure, in the first half of the year, investment in new information infrastructure such as 5G and data center increased by 13.1%, and investment in new integrated infrastructure such as industrial Internet and smart transportation increased by 34.1%. The deep integration and accelerated empowerment of smart facilities will inject new impetus and vitality into economic transformation and upgrading, as well as improving people's livelihoods.
In terms of exports, China's net exports have declined due to factors such as weak global economic growth and a high base last year. But it should be noted that China's foreign trade has strong resilience and vitality, and new growth points are gradually forming. The export of "New Three Samples" products represented by lithium batteries, solar cells, and electric passenger vehicles increased by 61.6% year-on-year, demonstrating the strong market competitiveness of Chinese products. The gratifying changes in the "new three types" of foreign trade are a vivid reflection of the continuous optimization of China's export structure, which is also driven by innovation. In recent years, China's high-tech industries such as strategic emerging industries and high-end equipment manufacturing have accelerated their development, with new products and patents emerging in competition. Technological innovation has created more new advantages for Chinese brands to sail overseas. At the same time, new forms of foreign trade such as cross-border e-commerce are developing rapidly, creating favorable conditions for improving and expanding foreign trade.
The current world political and economic situation is complex, and China's economic operation is facing significant pressure. The importance of accelerating the cultivation of innovative momentum is becoming increasingly prominent. In the future, we will continue to focus on the primary task of high-quality development, focus on the construction of a modern industrial system, and comprehensively enhance the level of advanced industrial foundation and modernization of industrial chains.