On July 17, a spokesman for the National Bureau of Statistics answered reporters'questions on the operation of the national economy in the first half of 2023. Among them
, a reporter asked: In the first half of the year , the profits of China's regulated industrial enterprises continued to decline by double digits. When will the pressure situation of regulated industrial enterprises change? And what are the expectations of the National Bureau of Statistics for the trend in the second half of the year? Fu Linghui, a spokesman for
the National Bureau of Statistics, answered:
The overall industrial operation has been steadily recovering this year, and the development of industry is closely linked to the efficiency of enterprises. From this year's point of view, with the gradual recovery of market demand, various measures to improve and strengthen the real economy and promote industrial transformation and upgrading have been effective, the overall industrial production has maintained steady growth, the structure is being optimized, the new momentum is gradually growing, and the quality of development has been steadily improved.
First, industrial production has been gradually restored . In the first half of the year, the added value of industries above the national scale increased by 3.8% year-on-year, 0.8 percentage points faster than that in the first quarter. In the first half of the year, 26 of the 41 major industries achieved growth, with a growth rate of 63.4%. Of the 620 major industrial products counted, the output of 331 products has increased, with an increase of more than 50%.
Second, industrial upgrading has been steadily promoted . In the first half of the year, the added value of equipment manufacturing industry increased by 6.5% year-on-year, 2.7 percentage points higher than that of industries above scale, and the contribution rate to the growth of all industries above scale reached 53.9%, which strongly supported the recove ry of industrial production. Among them, the added value of electrical machinery and equipment manufacturing industry and automobile manufacturing industry increased by 15.7% and 13.1% respectively.
Third, the high-end manufacturing industry is growing rapidly . With the development of aerospace industry, domestic large aircraft have achieved commercial navigation, and their driving role is gradually increasing. In the first half of the year, the added value of aerospace and equipment manufacturing industry increased by 22.9% year on year. All aspects have strengthened technical research in key areas and key links such as semiconductors, and related production has grown rapidly. In the first half of the year, the manufacturing of special equipment for semiconductor devices, electronic components and electromechanical components increased by 30.9% and 46.5% respectively.
Fourth, the green transformation has achieved remarkable results. The new energy automobile industry has developed well, which has led to the rapid growth of related products. In the first half of the year, the output of new energy vehicles increased by 35% year-on-year, while the output of lithium-ion power batteries and charging piles increased by 46.4% and 53.1% respectively. Products related to the clean energy industry grew rapidly. In the first half of the year, the output of photovoltaic cells, wind turbines and hydro-generating units increased by 54.5%, 48.1% and 32.3% respectively.
Fifth, the production of new products such as intelligent and new materials is better . The production of smart consumer products has grown rapidly. In the first half of the year, the manufacturing of intelligent consumer equipment increased by 12%, of which the manufacturing of intelligent vehicle equipment and intelligent unmanned aerial vehicles increased by 36.3% and 12.5% respectively. The supply of new materials has increased. In the first half of the year, the output of ultra-white glass , polysilicon and monocrystalline silicon for solar industry was 89.1%, 86.4% and 54.1%, respectively.
As for your concern about the profits of industrial enterprises, the sustained recovery of industrial production has laid the foundation for the improvement of corporate profits. From January to May, the decline in industrial profits narrowed by 1.8 percentage points from January to April, improving for three consecutive months. First, the profits of equipment and other manufacturing industries continue to recover. From January to May, the policies and measures to promote the development of manufacturing industry were effective, and the decline of manufacturing profits narrowed by 3.3 percentage points from January to April, which led to the decline of industrial profits above the scale narrowed by 2.5 percentage points, and played an important role in improving the profits of industrial enterprises. Among them, the profit of equipment manufacturing industry increased by 15.2% year-on-year in May, maintaining double-digit growth for two consecutive months. Second, the rapid growth of profits in the electrical and water industry. From January to May, the profits of the production and supply of electricity, heat, gas and water increased by 34.8% year-on-year, 0.7 percentage points faster than in January-April, and continued to drive the profit growth of industrial enterprises.
At present, industrial production has recovered steadily and the quality of development has continued to improve, but the level of industrial production and marketing convergence needs to be further improved. Although there are some difficulties in the next stage, with the improvement of economic recovery, the expansion of market demand, the enhancement of innovation and development momentum, the growth of new momentum, and the effectiveness of policies and measures to promote industrial development, the foundation of industrial economic recovery will continue to be consolidated, and the profitability of industrial enterprises is expected to continue to improve.
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