Strengthening tendons and bones to forge new advantages in development - A review of China's promotion of new industrialization development | Industry | China

Release time:Apr 16, 2024 22:02 PM

Xinhua News Agency, Beijing, September 21 (Xinhua) - Title: Strengthening Muscles and Bones to Build New Advantages in Development - A Review of China's Promotion of New Industrialization

Xinhua News Agency reporter

This is a continuously solid foundation for development - the manufacturing industry has ranked first in the world for 13 consecutive years, and in 2022, China's total industrial added value has exceeded the 40 trillion yuan mark... The continuous growth of the real economy has solidified the foundation for the development of a large country.

This is a continuously built competitive advantage - accelerating the construction of a modern industrial system, continuously amplifying the primary driving force of innovation, continuously accumulating new momentum, and injecting momentum into achieving high-quality development.

Since the 18th National Congress of the Communist Party of China, promoting new industrialization has been a key support for building a socialist modernized strong country in all respects. To strengthen, optimize, and expand the real economy, and accelerate the construction of a modern industrial system with advanced manufacturing as the backbone. A more sound industrial system, a better industrial structure, and accelerated integration of digital technology and the real economy. The solid promotion of new industrialization has strengthened China's economy and continuously cultivated new competitiveness.

Strengthening the focus of the real economy and taking solid steps towards the modernization of the industrial system

In August, the added value of industries above designated size in China increased by 4.5% year-on-year, an increase of 0.8 percentage points compared to the previous month. Advanced manufacturing industries such as integrated circuits, optoelectronic devices, and new energy vehicles have seen significant growth, highlighting the role of engines. It is precisely because of the continuous recovery of industry that the fundamental foundation of the Chinese economy has been firmly stabilized.

Industry is the foundation of comprehensive national strength and the "ballast stone" of economic development. The more we face complex and ever-changing external environments and risk challenges, the more we need to build this solid support.

The Central Committee of the Communist Party of China attaches great importance to the development of the real economy, especially the manufacturing industry, and clearly adheres to the focus of economic development on the real economy, deepening the promotion of new industrialization.

Taking manufacturing as the foundation, consolidating the advantages of a complete industrial system, accelerating the construction of a modern industrial system, and promoting the deep integration of informatization and industrialization, China's position as a manufacturing powerhouse has become more stable, and the pace of new industrialization is constantly accelerating.

Looking at the fundamentals: From 2012 to 2022, China's total industrial added value increased from 20.9 trillion yuan to over 40 trillion yuan, accounting for 33.2% of GDP;

Looking at the system: it has 41 industrial categories, 207 industrial intermediate categories, and 666 industrial subcategories, with over 40% of the 500 main industrial products ranking first in the world in terms of production volume;

Looking at Competitiveness: The production of new energy vehicles and photovoltaics has remained the world's top for many consecutive years, with advanced manufacturing clusters in 45 countries laid out vertically and horizontally, building the world's largest 5G commercial network, and continuously expanding innovative applications such as the Internet of Things and artificial intelligence

From implementing the industrial foundation reconstruction project, enhancing the resilience of the industrial chain, to vigorously promoting major technological and equipment research projects, improving the core capabilities of the industrial chain, and then guiding small and medium-sized enterprises to develop towards specialization, precision, uniqueness, and novelty, shaping new driving forces and advantages for development, China has made building a modern industrial system that is independent, controllable, safe, reliable, and highly competitive a key focus in promoting new industrialization, and firmly building a solid foundation for the real economy.

"Since the 18th National Congress of the Communist Party of China, the pace of China's new industrialization has significantly accelerated." Jin Zhuanglong, Minister of Industry and Information Technology, stated that the industrial scale has steadily grown, the industrial structure has continued to optimize, and the digital and green transformation has been continuously promoted. Focusing on the continuous efforts of new industrialization, China is continuously consolidating its economic foundation.

Moving towards "innovation" and accelerating the transformation from Made in China to Created in China

Red industrial robots wave their arms and accurately grasp, locate, and place hundreds of kilograms of workpieces; Mobile robots carry out storage, logistics, assembly, and inspection in an orderly manner... Walking into the workshop of Shenyang Xinsong Robot Automation Co., Ltd., different types of robots and highly automated production lines bring an experience of intelligent manufacturing.

This is a vivid portrayal of China's accelerated development of high-end manufacturing industry. According to data from the Ministry of Industry and Information Technology, in 2022, China's high-tech manufacturing and equipment manufacturing industries accounted for 15.5% and 31.8% of the added value of industries above designated size, respectively. 65 manufacturing enterprises were included in the list of the world's top 500 enterprises. Up to now, more than 12000 specialized, refined, and innovative "little giant" enterprises have been cultivated in five batches, driving the cultivation of nearly 90000 specialized, refined, and innovative small and medium-sized enterprises in local areas.

With innovation as the core driving force of new industrialization, Chinese manufacturing is accelerating towards Chinese creation.

The C919 large passenger aircraft has been put into commercial operation; The first domestically produced large cruise ship successfully docked; The construction of all eight national computing power hub nodes in the "East Calculation and West Calculation" project has started... In recent years, a series of major projects have emerged, becoming a vivid portrayal of China's continuous breakthroughs in key industrial areas and optimization of industrial structure.

The Hangzhou Asian Games is about to be held. At 7:35 am on September 16th, a "Rainbow Rhyme Purple" will shuttle between the mountains and seas, connecting Hangzhou with five Asian Games co host cities, Ningbo, Wenzhou, Jinhua, Shaoxing, and Huzhou. The Fuxing Asian Games intelligent multiple unit train will officially carry passengers. The new plan alleviates the bumpy feeling of trains crossing hills and mountains, and automatically adjusts the air pressure and temperature inside the train... The constantly breaking new technologies in the high-speed rail field confirm the pace of innovation in Chinese manufacturing.

Resolving overcapacity, accelerating technological transformation, and revitalizing traditional industries; The integrated development of new generation information technology such as industrial Internet and big data with the manufacturing industry has constantly promoted the birth of new industries, new business forms and new models.

Data shows that in recent years, the proportion of technological transformation investment in China's industrial investment has remained stable at over 40%, and the intensity of investment in research and experimental development in key areas has steadily increased. In 2022, the research and experimental development funds for industrial enterprises above designated size reached 1936.18 billion yuan, an increase of 10.5% compared to the previous year.

Yang Guangpu, Director of the Macro Economic Research Department of the Development Research Center of the State Council, stated that China's industry is actively moving towards high-end and high value-added directions, and the pace of transformation towards intelligence and service is accelerating. "By increasing the 'gold', 'intelligence', and 'green' content of the manufacturing industry, we will further strengthen the foundation of China's economy."

Making up for weaknesses and forging strengths, continuously building new competitive advantages

"In 2021, when I first attended the forum's closed door meeting, 50% of the manufacturers in the venue were our customers; last year it was 70%. I calculated again for this closed door meeting and it was 100%." At the 2023 China Automotive Forum held in Shanghai in July, Yu Kai, the founder of Horizon, a domestic automotive grade AI chip manufacturer, exclaimed, "This progress is real!"

From 50% to 100%, it is a vivid microcosm of the industry chain continuously moving towards independent and controllable development.

Having a stable and highly competitive industrial chain is crucial for a large industrial country. The key to new industrialization is to build new competitiveness. China already has the most complete industrial system in the world, but the problems of being large but not strong, comprehensive but not precise still exist. Consolidating the industrial foundation and striving to achieve independent and controllable development in key areas and links has become an important focus for promoting new industrialization.

Improve the core capabilities of the industrial chain, implement industrial foundation reconstruction projects and major technological equipment research projects; Enhance the control of the industrial chain, cultivate more leading enterprises and single champion enterprises with international competitiveness, and guide small and medium-sized enterprises to develop towards specialization, refinement, uniqueness, and novelty; In recent years, a series of important measures aimed at consolidating the industrial foundation, enhancing industrial resilience, and enhancing endogenous driving force have been continuously launched, such as filling the gaps, elongating the long board, forging new boards, and enhancing the continuity and competitiveness of industrial development.

"China attaches great importance to the stability and competitiveness of the industrial chain, increases research and development investment, and has made certain breakthroughs and achievements in related domestic industries." Chen Yutao, Deputy Director of the Standardization Working Committee of the China Enterprise Federation, said that the proportion of supply links for domestic manufacturers in the 262 key links of the new energy vehicle industry chain has reached 85.88%.

The new industrialization is also reshaping the pattern. In recent years, many places have broken traditional thinking, actively built innovative ecosystems, integrated themselves into regional coordinated development, and expanded and deepened development space.

In the "China Optics Valley" of Donghu High tech Zone in Wuhan, Hubei, several leading enterprises in the optoelectronic information industry are growing together; Anhui Hefei accelerates the layout of the "core screen device integration" industry strategy; The competitiveness of Hunan's engineering machinery and advanced rail transit industries has significantly increased

The latest data shows that China has built 45 national advanced manufacturing clusters in the fields of new generation information technology, high-end equipment, new materials, new energy, etc., with a total output value of 20 trillion yuan in leading industries. "We have placed the development of advanced manufacturing clusters in a more prominent position, focusing more on the improvement of industrial basic capabilities and the overall strength of the industrial chain, and accelerating the construction of a modern industrial system," said the relevant person in charge of the Ministry of Industry and Information Technology.

China has a huge market, a complete industrial system, and complete supporting capabilities, which contain countless innovative forces. By firmly grasping the keyword of high quality and solidly promoting new industrialization, we will continuously enhance the new momentum of industrial development and write a new chapter in the construction of a manufacturing powerhouse.

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