People's Financial Evaluation: Strengthening and Optimizing Real Economy Countries | Real Economy

The real economy is the foundation of a country's economy, the fundamental source of wealth creation, and an important pillar of national strength.

In May, the added value of the equipment manufacturing industry increased by 8% year-on-year, 4.5 percentage points faster than that of large-scale industries. The production of solar cells, new energy vehicles, and service robots increased by 53.1%, 43.6%, and 34.3% year-on-year, respectively. From January to May, investment in medical equipment and instrument manufacturing, as well as electronic and communication equipment manufacturing, increased by 18.8% and 16.1% respectively. New industries and formats are developing rapidly, and the transformation and upgrading of the real economy are continuously advancing.

To accelerate the construction of a modern industrial system supported by the real economy, it is necessary to strengthen and optimize the real economy in accordance with the requirements of the State Council executive meeting, and promote the achievement of a higher level of dynamic balance between production and demand.

No matter when the economy develops, the real economy is the foundation for China's economic development and winning the initiative in international competition. Currently, from the perspective of external demand, the international environment is complex and severe, the world economy is sluggish, and industrial exports are hindered; From the perspective of domestic demand, the domestic economy is recovering well, but market demand is still insufficient, and some structural problems are more prominent. To promote the stable and healthy development of industry, solidly promote industrial upgrading, and rapidly grow new driving forces, it is necessary to organically combine the implementation of the strategy of expanding domestic demand with deepening supply side structural reform, focusing on expanding effective demand with strengthening and optimizing the real economy, unblocking the national economic cycle, effectively preventing and resolving various risks and challenges, and improving the quality, momentum, and vitality of development.

To strengthen the real economy, we must firmly grasp the many strategic favorable conditions for China's development, effectively respond to short-term fluctuations, and effectively plan for long-term development. Although some indicators such as the added value of the mining industry and real estate development investment faced downward pressure in May, investment in high-tech industries increased by 12.8% year-on-year, significantly faster than the growth rate of all investments. The production of new energy vehicles and charging pile products increased by 37% and 57.7% year-on-year, respectively, and the export of electromechanical products increased by 9.5%, indicating that the real economy still has frequent bright spots in development. Behind the demonstration of resilience lies China's possession of the world's most complete industrial system and complete industrial categories, combined with strong advantages in human resources and talent, as well as fruitful achievements in building an innovative country. Adhering to the strategy of innovation driven development and solidly promoting new industrialization, we are confident in further consolidating our material and technological foundation and setting sail on the path of building a strong country.

To optimize the real economy, we need to effectively enhance the resilience and security level of the industrial and supply chains, and make up for shortcomings and forge strengths. From January to May, investment in technology transfer services and professional technical services increased by 47.4% and 40.6% respectively; 102 major projects in the 14th Five Year Plan are being implemented in an orderly manner; Encouraging high-quality private investment projects and issuing REITs in the infrastructure sector... The modern industrial system is the most crucial "winner". We need to accelerate breakthroughs in filling gaps and also expand and strengthen in advantageous areas. Emphasizing collaborative policy implementation, continuously increasing the contribution of technological innovation in the development of the real economy, enhancing the ability of modern economy to serve the real economy, and increasing the supporting role of human resources in the development of the real economy, we are sure to build a modern economic system and successfully cross the threshold.

Doing a good job in economic work is a major task of the Party's governance of the country. Advocating practical work and strengthening implementation are inevitable requirements for strengthening and optimizing the real economy, and promoting sustained economic recovery and improvement. From the perspective of domestic and international development, it is normal for some areas to experience temporary fluctuations during the process of economic recovery and development. Looking at the current situation and the long-term trend, with the increase of macroeconomic policy regulation, the expansion of effective demand, the strengthening and optimization of the real economy, and the prevention and resolution of risks in key areas, we believe that the second half of this year's Chinese economy will continue to enhance momentum, optimize structure, and improve the situation. Pragmatism and progress, practical work, tenacious struggle, accurate identification of changes, scientific response, and proactive pursuit of change, fully implementing the decisions and deployments of the Party Central Committee and the State Council on macroeconomic regulation, we will definitely seize the initiative, seize opportunities, promote sustained economic recovery, and complete the set goals and tasks for this year.