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How to Unblock the Industrial Chain and Boost the Industrial Economy

Domestic epidemics have occurred frequently recently, and some unexpected factors have exceeded expectations, posing challenges to the smooth operation of the industrial economy. Part of the logistics is blocked, and the operating costs of small and medium-sized enterprises are relatively high, so it is more urgent to ensure the smooth flow of the industrial chain and supply chain.

How do you view the industrial trend? How to boost the industrial economy? At a press conference held by the State Council Information Office on the 19th, Luo Junjie, director of the Operation Monitoring and Coordination Bureau of the Ministry of Industry and Information Technology, responded.

How to deal with downward pressure and boost the industrial economy

Since the beginning of this year, the industrial economy has faced considerable pressure. The superposition of multiple factors has affected market expectations to varying degrees. At the same time, however, my country has actively adopted a series of policy measures to stabilize industrial growth and strive to overcome the adverse effects.

According to data released at the meeting, the added value of industrial enterprises above designated size increased by 6.5% year-on-year in the first quarter, 2.6 percentage points higher than that in the fourth quarter of 2021. Among them, the added value of the manufacturing industry increased by 6.2% year-on-year. The added value of manufacturing accounted for 28.9% of GDP, the highest since 2016. The added value of high-tech manufacturing increased by 14.2% year-on-year. The main indicators of the industrial economy grew steadily and were generally within a reasonable range.

Luo Junjie said frankly that due to the influence of the internal and external environment, some new situations and new problems have appeared in the industrial economy since March, such as blockages in the industrial chain and supply chain, and increasing difficulties in production and operation of small, medium and micro enterprises.

“It should be seen that the fundamentals of my country’s industrial economy have not changed for a long time, the overall situation of recovery and development has not changed, and there is still a solid foundation for boosting the industrial economy.” He said that in response to the current pressure, it is necessary to strengthen forward-looking prediction and make It is good to adjust across cycles and implement precise hedging. The Ministry of Industry and Information Technology is stepping up efforts to promote the implementation of policies, and in response to changes in the situation, it is studying and preparing policies and measures for the steady growth of the reserve industry.

“In terms of the industrial chain, a group of ‘whitelist’ enterprises will be identified for key areas, and the coordination between ministries and provinces and cross-regional coordination will be strengthened to ensure the stability and smoothness of the supply chain of key industrial chains.” He said that it is necessary to increase the supply and price of important raw materials Efforts will be made to accurately help small and medium-sized enterprises to tide over the difficulties.


Post time: Apr-25-2022