Four measures of manufacturing behind Premier Li Keqiang January 3 presided over the State Council executive meeting to determine the measures to promote the steady growth of the manufacturing sector, stable economic development of the basic disk. The meeting clearly the four policy: First, we must promote reform and innovation. Substantial improvements in the business environment, continue to implement tax measures to reduce costs in order to focus on the manufacturing sector. Drive down the cost of electricity and manufacturing enterprise telecommunications charges, release all the above-scale industrial enterprises to participate in the electricity market trading. Guide financial institutions innovative ways to ease the financing difficulties of financing SMEs expensive. The implementation of differentiated credit policy to encourage the manufacturing sector to increase long-term loans, equity investments, debt financing more inclined to the manufacturing sector. Increase and intellectual property protection. Second, we must vigorously develop advanced manufacturing industry, the introduction of new information networks and other infrastructure investments to support policies to promote smart, green manufacturing. Better play the role of private investment and SMEs in manufacturing, to encourage enterprises to increase investment in technical transformation, the use of advanced technology to upgrade traditional industries, and promote major technological innovation and product applications, the ability to enhance the industrial base, new growth momentum, increasing labor productivity. Third, it must open wider manufacturing sector. Remove all barriers to the manufacturing floor open-door policy to encourage enterprises to participate in international market competition and cooperation. Improve the planning, land use sea, energy consumption and other policies to promote foreign investment in the major projects put into operation as soon as the manufacturing floor. Encourage and support greater efforts in the Midwest and Northeast regions to undertake the transfer of industries and attract foreign investment. Fourth, we should root out the potential of domestic demand. Improve measures to promote reform and development of the automotive industry. Promote industrial products to meet the domestic demand increase varieties, improve quality, create brand CONTROL ENGINEERING China Copyright , abundant consumer choice.
Why manufacturing to steady growth this year, “first shot”? Since last year, the central emphasis on the manufacturing sector improved significantly. Last July the Politburo meeting for the first time proposed “stable manufacturing investment,” the central economic work conference is mentioned many times in the deployment of manufacturing focus this year, such as “to enhance the level of manufacturing,” “promote the optimization and upgrading of traditional manufacturing “” create a number of internationally competitive advanced manufacturing clusters “and so on. “Manufacturing is a basic dish economic development of the country CONTROL ENGINEERING China Copyright , the largest growth opportunities.” National LetterMain interest the development of Strategic Research Center’s economic forecasting department Rengao Hui Ching said, “Only the manufacturing, development and stability Control Engineering Copyright , some other economic framework have a solid foundation.” Gao Hui Ching pointed out that the promotion of stable manufacturing growth as the New Year for the first time the State Council executive meeting of the first issue, China’s firm determination to increase efforts to promote the development of the manufacturing sector. “For example concerned, if we have a strong manufacturing base, the foundation only the development of our services, will have services as well as objects for its growing and growing soil nutrition.” Gao Hui Ching said, “In addition, strong domestic the consumer market is to rely on people’s income to support it, people’s income is based on industry or basic disk. If manufacturing is not strong, then the possibility of establishing a strong consumer market basically does not exist. Therefore, all aspects of economic development the real foundation lies, is manufacturing. “the State Council development Research Center of macroeconomic Research Department Zhang Liqun said control Engineering Copyright , the development of manufacturing is very important, to play a fundamental role in economic development . This year the focus of many ministries policies aimed at advanced manufacturing various ministries in the deployment of the focus this year also referred to the development of the manufacturing sector, especially in advanced manufacturing. For example, the Ministry noted that efforts to stabilize investment in manufacturing, supply and guide funds into the common benefit, the field has a multiplier effect of advanced manufacturing, infrastructure shortcomings, and promote industrial and consumer “double upgrade.” Intelligent Manufacturing adhere to the main direction, continue to deepen technological innovation and industrial application of artificial intelligence, block chain, networking, big data, etc., to promote the integration of industrialization and information technology to achieve development in a broader scope, a deeper level, a higher level and so on. Ministry of Finance pointed out, promote industrial restructuring and upgrading, support for new energy vehicle development , study the establishment of government procurement and trade system adapted to support innovation, cost management and risk-sharing mechanisms. Currently, there are cost reduction and quality and to stimulate the vitality of “Chinese manufacturing industry groups contradictions, one manufacturing competitiveness rely on science and technology competition or contradiction by price competition, and second, the manufacturing industry is dependent ‘tall’ companies or by contradiction flexibility of private, small and medium enterprises. “Gao Hui Ching pointed out that to solve the contradiction between these two groups, the meeting gives an indication of the principles and policies. In promoting reform and innovation, the meeting suggested that substantial improvements in the business environment,Continue to implement tax measures to reduce costs in order to focus on the manufacturing sector. While leading financial institutions innovative ways to ease the financing difficulties of financing SMEs expensive. The meeting decided to drive down the cost of electricity and manufacturing enterprise telecommunications charges, release all the above-scale industrial enterprises to participate in the electricity market trading. The implementation of differentiated credit policy to encourage the manufacturing sector to increase long-term loans, equity investments, debt financing more inclined to the manufacturing sector. “To rely on the development of advanced manufacturing systems and mechanisms that can support the manufacturing sector in the market competition to protect the survival of the fittest.” Zhang Liqun said, “so this meeting special attention to improving the business environment and so on, which for the future of the manufacturing sector continues to turn a high level quality development is an important institutional guarantee. “Gao Hui Ching pointed out that in recent years, manufacturing costs rising trend is very clear, low-cost competitive advantage no longer exist. Meanwhile, China’s high-end manufacturing has achieved some success, but on the whole is not very strong. “The meeting stressed that to reduce costs, including the cost of electricity, we can make a low-end products as much as possible to maintain a competitive advantage, but also promote the development of high-tech innovation, and continue to extend the industrial chain to the high end.” Inside and Outside , development potential development of manufacturing not only to the development of external demand, but also to stimulate domestic demand, it is necessary to open, but also to tap the potential. In terms of expanding opening up manufacturing, the meeting pointed out that to remove the impact of various policy barriers to open manufacturing floor, and encourage enterprises to participate in international market competition and cooperation; in ferreting out potential domestic demand, meeting clearly, improve the promotion of reform and development of the automotive industry measures. Promote industrial products to meet the domestic demand increase varieties, improve quality, create brand CONTROL ENGINEERING China Copyright , abundant consumer choice. Gao Hui Ching think, need to pull within two steps from the demand side and the supply side. “Improving domestic demand, in fact, to change our revenue structure more equitable distribution of income, so that we can be able to enjoy the fruits of economic growth.” Gao Hui Ching said, “From the supply side, the manufacturing sector is heavily dependent on our past in low-end products, because in the past the development of the manufacturing sector is mainly for low-end domestic and international demand. but times have changed, China has a large number of middle-income consumers, need to be relatively high-end products to meet their already transformation and upgrading needs. Therefore, we should learn from foreign experience, combined with their own national conditions,Began to transition from the supply side, produce more products for middle-income people. “Said Zhang Liqun, from the perspective of the current macroeconomic point of view, the oversupply problem is very prominent.” Only by increasing the effective investment, by actively expand domestic market demand, the effective increase in orders in manufacturing enterprises, improve manufacturing enterprises capacity utilization, companies can obtain a favorable environment for development, in order to achieve business transformation and upgrading quality and efficiency. “Gao Hui Ching said,” China has a strong economic growth toughness, the future development of the manufacturing sector there may be slight fluctuations, but will not fall fast, steady growth momentum is still full. “Manufacturing investment is expected to rebound this year for investment in manufacturing situation this year, more than analysts expected growth is expected to pick up. Lian Ping, chief economist at Bank analysts said, lowering manufacturing value-added tax rate, reduce the role of financing costs, the manufacturing sector operating costs will be reduced, the investment is expected to improve. in the manufacturing power to create policy support, high-tech manufacturing, high-end equipment manufacturing, new energy, new materials, manufacturing investment will maintain rapid growth in 2020 manufacturing investment growth will moderate rebound is expected to grow 4.5 percent. industrial Bank chief economist Lu political commissar of the view that multiple factors supporting manufacturing investment growth low to stabilize. recent industrial profits accumulated growth rate has stabilized, the inventory cycle close to the bottom. with the inventory to the completion of manufacturing investment growth rate may have stabilized. in addition, the improvement in exports boosted manufacturing investment growth is expected to stabilize.