The industrial economy provides strong support for steady growth

【Financial Analects】

In the first half of this year, in the face of the complex and severe international environment and domestic epidemic, my country's GDP increased by 2.5%year -on -year, and the second quarter achieved positive growth of 0.4%. In the first half of the year, the growth rates of the first, second, and tertiary industries were 5.0%, 3.2%, and 1.8%, respectively. In the second industry, the industry increased by 3.3%in the first half of the year. The second industry, especially the industry, has become an important support for my country's economic growth.

Generally speaking, in the first half of the year, stabilizing the rise is the prominent feature of my country's industrial economy. Affected by the emergency epidemic, the year-on-year growth rate of industrial added value above designated size fell from 5.0%in March to -2.9%in April. With the efforts of the stable growth policies in the country and various places and the effects of the epidemic, the supply chain has been effectively restored, and the operating situation of the industrial economy has improved significantly. The growth rate of industrial added value above designated size returned to 0.7%in May, and further increased to 3.9%in June, an increase of 3.6 percentage points and 3.2 percentage points from the previous month. In June, 31 of the 41 large industries industries maintained a year -on -year increase in value -added. In March 2022, my country's manufacturing procurement manager index fell to 49.5%below the Rongku Line, further decreased to 47.4%in April, but rose to 49.6%in May. Level.

While stabilizing the rise, the trend of industrial upgrading continues. In recent years, my country's industry has shown the rapid growth of high -tech industries and strategic emerging industries. Even under the impact of the epidemic, this trend continues. In the first half of the year, the high -tech manufacturing industry above designated size increased by 9.6%year -on -year, 6.2 percentage points higher than that of industries above the size, of which 5.7%of the high -tech manufacturing industry above designated size in the second quarter, 5.0 percentage points higher than all industries above designated size. The three high -tech industries, including automobile manufacturing, electrical machinery and equipment manufacturing, "computer, communication and other electronic equipment manufacturing industries", are at the forefront of the industry. The growth rates in June were 16.2%, 12.9%, and 11.0%. The output of automobiles increased by 26.8%year -on -year, and new energy vehicles increased by 120.8%. In the first half of the year, high -tech industrial investment increased by 20.2%, higher than the growth rate of fixed asset investment by 14.1 percentage points, and the trend of industrial structure upgrades will continue.

In addition, industrial exports show a rapid growth trend. In the first half of the year, the total exports of goods in my country were 11141.7 billion yuan, an increase of 13.2%year -on -year, and the total imports were 8660.5 billion yuan, an increase of 4.8%year -on -year. The trade surplus was 2481.2 billion yuan, an increase of 905 billion yuan over the same period last year. The year -on -year growth rate of my country's exports in April dropped from 12.7%last month to 1.8%, but in May quickly recovered to 15.1%, and further recovered to 22.0%in June. 650.1 billion yuan. From the perspective of trade methods, the general trade growth rates of electromechanical products and high -tech products in January to June were 14.7%and 13.6%, respectively, far higher than 1.7%and 1.4%of processing trade growth, and the export structure continued to optimize.

Although the industrial economy has stabilized in May and June, we must also see that my country's industrial capacity utilization rate is still low, and the output of many industrial products has not returned to positive growth. Affected by factors such as uncertainty and geopolitical crisis of new crown pneumonia, the risk of global economic recession has increased, which will inevitably affect trade demand, global supply chain stability, and commodity prices. huge pressure.

The steady growth of the industrial economy is a strong support for the healthy operation of the national economy. It is necessary to further consolidate the trend of industrial stability and recovery and recover growth, and give full play to the role of "cockpit stones" in the macroeconomic economy.

First, we must stabilize the supply chain. Focus on key areas, industries and key enterprises, promote the stable production of enterprises, restore production capacity, and promote the smooth flow of logistics across regions. Second, we must increase the main body of the market. Strengthen the supply of supply to electricity, energy, and bulk raw materials to promote stable prices; in -depth implementation of policies such as tax reduction and fees, reducing social security rates, and other policies, and effectively reduce corporate burdens; encourage financial institutions to expand the scale of medium- and long -term loans and credit loans of manufacturing industries , Reduce the level of loan interest rates, and strengthen financing support for manufacturing companies, especially SMEs, especially SMEs. Third, we must expand investment in fixed assets. Accelerate the investment in transportation, water conservancy, urban underground comprehensive corridors, and new infrastructure investment, and encourage social capital to participate in infrastructure construction. Fourth, we must promote the release of consumption potential. By encouraging new forms of employment, supporting flexible employment, vigorous implementation in key engineering projects, to increase employment and promote the stable growth of residents' income in vocational skills training for labor, strengthen the revenue of residents; Measures such as taxes and new rounds of consumer goods to the countryside promote the consumption of products such as automobiles, home appliances, home, and consumer electronics, and encourage consumer models, format innovation and new consumption development. Fifth, we must vigorously stabilize foreign trade exports. Support manufacturing companies to strengthen technological innovation and digital transformation, achieve rising value chain, increase labor productivity, and enhance international competitiveness of export products.

The growth of the industrial economy is often preceded by the overall economy, and the stability of the industry is stable. There are reasons to believe that it will continue to improve the core competitiveness of the manufacturing industry and promote the steady operation of the industrial economy and improve quality and efficiency. It will definitely lay a solid foundation for the stable macroeconomic market and continue to stimulate the endogenous motivation of economic development.

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