The first industrial added value of over 30 trillion yuan! 2018 China’s industrial report card highlights what’s new?

“2018, the year the industrial economy is generally stable, steady progress, industrial added value of more than 30 trillion yuan for the first time, information and communication industry to maintain a good momentum of development.” State Council Information Office press conference held in January 29 , Minister of industry and information technology Miao Wei disclosed. Generally stable. 2018, the national scale industrial added value increased by 6.2% in the past three years the average growth range, in line with full-year expectations. Among them, large-scale manufacturing sector grew by 6.5%, higher than the overall industrial growth, and national economic growth was essentially flat. In 2017, profit growth is relatively high, the 2018 national-scale industrial enterprises realized profits up 10.3%, faster than the 6.2% growth rate of added value, which indicates the improvement of efficiency is better than the magnitude of value growth. Industrial investment steady recovery Control Engineering Copyright , in 2018 industrial investment grew 6.5%, accelerating 2.9 percentage points over the previous year. Steady advance. To further promote productivity. 2018 exceeded 30 million tons of steel production capacity to the objectives and tasks. New momentum supporting role increasing. 2018, high-tech manufacturing, equipment manufacturing sector grew by 11.7% and 8.1%, respectively, significantly higher than the 6.2% overall industrial growth. Opening to achieve new breakthroughs. Manufacturing the actual utilization of foreign investment last year reached $ 41.2 billion, an increase of 22.9% over the previous year, accounting for 30.5% of the total of all foreign investment. Industry report card highlights what’s new in the State Council Information Office press conference held on January 29, Minister of Industry and Information Technology Miao Wei from “stable” and “in” two dimensions of industrial and communications industry last year surrendered “report card” interpretation. “A series of policies and measures to supply-side structural reforms, ‘put tube dress’ reforms continue making the manufacture of power and power network construction to accelerate in 2018 above the national scale industrial added value increased 6.2% average growth in the last three years . range, in line with full-year expectations, “said Miao Wei, industrial and communications industry to run” showed several features stable “areas: – consolidate foundation for growth, growing industrial scale, the national total industrial added value in 2018 for the first time exceeded 30 trillion yuan. Among them, large-scale manufacturing sector grew by 6.5%, higher than the overall industrial growth. – steady economic improvement in industrial profitability continues to increase. Comparison of profit growth in 2017Is high, the 2018 national-scale industrial enterprises realized profits up 10.3 percent over the previous year, faster than the 6.2% growth rate of added value, which indicates that the situation is better to improve the efficiency Value growth. – information and communication industry running smoothly. 2018, the telecom business volume grew 137.9% over the previous year, an increase of 61.2 percentage points compared with the previous year, telecom service revenue growth of 3% over the previous year, an increase over last year dropped 3.6 percentage points; profit of 170.7 billion yuan over the previous annual growth of 4.4%; Internet and related services revenue increased by 18.3% over the previous year. – Industrial investment steady recovery Control Engineering Copyright , in 2018 industrial investment grew 6.5%, accelerating 2.9 percentage points over the previous year. The manufacturing sector investment grew by 9.5%, the highest growth rate, has achieved nine consecutive months of rise since July 2015. High-tech manufacturing, manufacturing private investment grew 16.1%, respectively, 10.3%, industrial transformation investment grew 12.8%, the proportion of total industrial investment reached 45.1%. “Today’s investment will bring tomorrow’s output. Manufacturing investment to keep growing trend, so that our firm confidence in the future development.” Said Miao Wei, nearly 50% of manufacturing investment in technological transformation of investment is not expand production capacity, expand the scale of investment that epitaxial growth, but to improve the product mix, industrial structure, transforming investment to upgrade forward in the value chain. Among these investments Control Engineering Copyright , more than about 70% of private investment. “Structural productivity continued to force the old and new kinetic energy is converted in an orderly way, opening up new breakthroughs, to promote the development of high-quality industrial communications industry an important step forward.” Miao Wei said that in 2018 industrial and communications industry in the “advance” the aspect of exhibiting several features: – to further promote productivity. By the end of 2018, has been completed ahead of schedule, “Thirteen Five” to determine the iron and steel production capacity to 140 million cap index -1.5 million tons. In addition CONTROL ENGINEERING China Copyright and 400 tons of electrolytic aluminum production capacity to achieve the inter-provincial replacement. Through these measures, the industrial capacity utilization rate improved significantly , brought the iron and steel, electrolytic aluminum and other industries prices resumed growth, achieveBenefits of rapid growth. – increasing role in supporting new momentum. 2018, high-tech manufacturing, equipment manufacturing sector grew by 11.7% and 8.1%, respectively, significantly higher than the 6.2% overall industrial growth. Wherein the electronic manufacturing industry increased by 13.1%. In high-end consumer level supplied steadily. 2018, the actual growth rate of industrial added value of consumer goods remained at 6%. Product output of new energy vehicles, smart TVs and other consumer upgrades and adapt to the development of intelligent maintain rapid growth, the growth rate in 2018 was 40.1% and 18.7%, respectively. – opening to achieve new breakthroughs. 2018 canceled the construction of ships, aircraft manufacturing foreign access restrictions, as well as special vehicles and new energy vehicles, foreign investment than stocks restrictions, while clearly the other car open class timetable and roadmap. General manufacturing have basically achieved all open to foreign investment. With the increasing liberalization measures last year, the manufacturing sector actually utilized foreign capital reached $ 41.2 billion, an increase of 22.9% over the previous year, accounting for 30.5% of the total of all foreign investment. A number of the manufacturing sector of major foreign investment projects located in China. Miao Wei said that in 2019 the industrial development of the communication industry is facing severe domestic and international environment is more complex CONTROL ENGINEERING China Copyright , the industrial economy has increased the downward pressure, but the industrial economy have not changed the fundamentals of our country, we We have the ability to rely on a large economic scale of China’s huge domestic market, a complete industrial system, and continuously enhance the innovation capacity, to cope with various risks and challenges.


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