In the first half of the year, the industrial economy recovered and the pace of high-quality development in manufacturing significantly accelerated. China's overall economy

CCTV News: "The overall recovery of China's economy has not changed, and the development of industrial economy still has strong resilience." On July 19, the State Council Information Office held a press conference on the development of industry and information technology in the first half of 2023. Zhao Zhiguo, spokesperson and chief engineer of the Ministry of Industry and Information Technology, stated at the beginning that since the beginning of this year, the industrial economy has recovered well, the development of information technology has been stable, the manufacturing industry has taken solid steps towards high-quality development, and positive results have been achieved in promoting new industrialization.

Firstly, the industrial economy is recovering well. With a series of stable economic policies continuing to show their effects since March, various regions have introduced and implemented policies and measures to support the leadership of the manufacturing industry, and the industrial economy has maintained a momentum of recovery and development. In the first half of the year, the added value of industrial enterprises above designated size increased by 3.8% year-on-year, an increase of 0.8 percentage points compared to 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 monthly recovery. Industrial investment continues to expand, with a year-on-year growth of 8.9% in the first half of the year, an increase of 0.3 percentage points compared to the first quarter. Industrial exports have improved and upgraded, with a year-on-year growth of 61.6% in the first half of the year for the "new three samples" exports. The marginal improvement of enterprise benefits has narrowed the profit decline for three consecutive months, and the profit structure has been continuously optimized. In May, the profit of the equipment manufacturing industry increased by 15.2% year-on-year, maintaining double-digit growth for two consecutive months. The operating revenue and profit growth of "Little Giant" and specialized and innovative enterprises are higher than those of industrial enterprises above designated size.

Secondly, the pace of high-quality development in the manufacturing industry has significantly accelerated. Vigorously developing advanced manufacturing industry, new products continue to maintain a high-speed growth trend. According to data from the China Association of Automobile Manufacturers, the production of new energy vehicles increased by 42.4% in the first half of the year. Currently, the cumulative production of new energy vehicles in China has exceeded 20 million units. In the first half of the year, the production of solar cells, industrial control computers, and systems increased by 54.5% and 34.1% respectively. The industrial foundation reconstruction project and major technological equipment research and development project have been solidly promoted, and a number of important technological products have achieved breakthroughs. The C919 large passenger aircraft has been put into commercial operation, and the first domestically produced large cruise ship has been successfully docked. Intelligent manufacturing has been deeply promoted, with nearly 8000 digital workshops and intelligent factories being built in various regions. New scenarios, solutions, and models such as virtual verification and shared manufacturing have emerged. The green and low-carbon transformation has achieved significant results, and the energy consumption intensity of industries such as non-ferrous metals, building materials, steel, and chemical industry continues to decline.

Thirdly, the empowering role of the information and communication industry continues to improve. Strengthen the construction of new information infrastructure and vigorously promote the deep integration of the digital economy and the real economy. The industry as a whole is showing a vigorous development trend. In the first six months, telecommunications business revenue increased by 6.2%, and the total business volume increased by 17.1% year-on-year. A total of 2.937 million 5G base stations were built and opened, with 676 million 5G mobile phone users and over 2.12 billion mobile IoT terminal users. Empowering the transformation and upgrading of the real economy. 5G applications have been integrated into 60 major categories of the national economy, accelerating their expansion and deepening into key areas such as industry, healthcare, education, and transportation, with a cumulative number of application cases exceeding 50000. The industrial Internet "Hundred Cities and Thousand Parks" has been promoted in depth, with more than 270000 enterprises served by the logo analysis system and more than 240 influential industrial Internet platforms.

Fourthly, the development environment for small and medium-sized enterprises is further optimized. Strengthen policies to benefit enterprises, activate the environment, provide services to assist enterprises, innovate to strengthen enterprises, and promote the development of small and medium-sized enterprises with specialization, refinement, uniqueness, and innovation. Issuing and implementing several measures to assist small and medium-sized enterprises in stabilizing growth, adjusting structure and enhancing capabilities. Carry out the fifth batch of specialized, refined, and innovative "little giant" enterprise cultivation, and deeply implement the special action of "empowering small and medium-sized enterprises with scientific and technological achievements, quality standards, brand values, and digital empowerment". Deepen industry finance cooperation and help small and medium-sized enterprises raise 510 billion yuan through the national industry finance cooperation platform. We launched the "Together Benefit Enterprises" Small and Medium sized Enterprise Service Action and the Small and Medium sized Enterprise Service Month, with a total of over 7 million service institutions serving enterprises across the country in the first six months.

Zhao Zhiguo admitted that the current industrial economic development still faces difficulties and challenges such as insufficient demand and declining efficiency. However, the overall recovery of China's economy has not changed, and the development of industrial economy still has strong resilience. Recently, a symposium on manufacturing enterprises and a roundtable meeting on specialized, refined, and innovative enterprises were held, and the attending entrepreneurs were generally confident in their future development.